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Road and Rail Trucking

  • NEW YORK, April 10- U.S. stocks were higher in choppy trading Monday as gains in energy shares offset losses in financials ahead of quarterly earnings later this week. The index is currently trading at 17.4 times forward earnings estimates, above its long-term average of 15, according to Thomson Reuters data. JPMorgan, Citigroup and Wells Fargo are scheduled to...

  • JPMorgan, Citigroup and Wells Fargo are scheduled to report earnings on Thursday and could throw some light on the U.S. banking industry's performance amid a rally in financial shares since the election of President Donald Trump. "The financial sector has been a darling performer since the election and we've seen some of that performance retreat in the last...

  • April 10- U.S. stocks were set to gain the most in nearly two weeks late-Monday morning as higher oil prices lifted energy stocks, while investors braced for big banks to kick off the first-quarter earnings season later in the week. JPMorgan, Citigroup and Wells Fargo are scheduled to report earnings on Thursday and could throw some light on the U.S. banking...

  • *Brent crude prices rise above $55/ barrel. JPMorgan, Citigroup and Wells Fargo are scheduled to report quarterly earnings on Thursday and could throw light on the U.S. banking industry's performance amid a rally in financial shares since the election of President Donald Trump. "It looks like the start of a quiet holiday week after an underwhelming Friday, where...

  • *Brent crude rises above $55/ barrel. Investors are keenly watching the quarterly results to justify lofty market valuations following a post-election rally, sparked off by bets that President Donald Trump would introduce pro-growth policies. "It looks like the start of a quiet holiday week after an underwhelming Friday, where much could have happened but...

  • Swift and Knight Transportation to merge

    Two of the largest U.S. trucking companies are combining in a stock swap, reports CNBC's Michelle Lee.

  • This could be the next big Trump stock

    Jim Cramer looked into the recent IPO of trucking company Schneider National to see how it could be affected by Trump.

  • Cramer vets a newly public trucking play that could be the next big Trump stock

    Jim Cramer looked into the recent IPO of trucking company Schneider National to see how it could be affected by Trump.

  • Bob Wyatt, who has driven more than 4 million miles over four decades for truck firm Schneider National, is pictured outside the company's headquarters in Green Bay, Wisconsin.

    Jim Cramer looked into the recent IPO of trucking company Schneider National to see how it could be affected by Trump.

  • Schneider CEO on IPO

    Schneider National CEO Chris Lofgren discusses the trucking company's IPO and the state of the business under the Trump administration.

  • President Donald Trump sits in the drivers seat of a semi-truck as he welcomes truckers and CEOs to the White House in Washington, DC, March 23, 2017, to discuss healthcare.

    President Donald Trump met with some of the trucking industry's biggest names Thursday to talk about health care.

  • Trucking Associations CEO: Obamacare hurt our industry

    American Trucking Associations CEO Chris Spear discusses his meeting with President Trump, as well as the negative impact Obamacare had on the industry.

  • Trucking industry focuses on Trump meeting with CEOs and drivers

    CNBC's Morgan Brennan takes a look at how Trump-era deregulation will likely give the trucking industry a boost.

  • NEW YORK, March 22- Trucking company Daseke Inc plans to double its pretax earnings over the next three years as it seeks aggressive growth through acquisitions to consolidate a fragmented area of the industry, the companys president, chief executive and founder said on Wednesday. The companys trucking fleet includes more than 3,000 tractors and 6,000 open...

  • Northeast storm hits transport stocks

    Don Broughton, Avondale Partners, discusses the blizzard's impact on the transportation sector.

  • DETROIT, March 7- U.S. truck maker Navistar International Corp on Tuesday reported a much wider-than-expected quarterly loss on continued industry weakness but said its new product line positioned it well for an expected market rebound in the second half of 2017.. "This marks an exciting new chapter in Navistar's history, and another step in our journey to...

  • Driverless trucks rev up

    Discussing the future of trucking as autonomous trucks are making their way onto the road, with Jason Seidl, Cowen Group airfreight & surface transportation analyst.

  • SAN FRANCISCO, Feb 23- Alphabet Inc's Waymo self-driving car unit sued Uber Technologies and its autonomous trucking subsidiary Otto on Thursday over allegations of theft of its confidential and proprietary sensor technology. "Uber's LiDAR technology is actually Waymo's LiDAR technology," said Waymo's complaint in the Northern District of California.

  • Sales at its logistics business, under which the company offers services such as warehousing and distribution, rose 8.6 percent to $1.38 billion in the fourth quarter ended Dec. 31. The company sold its truckload shipping business, acquired as part of its $3 billion Con-way deal, to Canadian trucking company TransForce Inc for $558 million in October.

  • Transports ride into record territory

    Chris Wetherbee, Citi, provides his outlook on the Dow Jones Transportation Average as growth continues in the transport sector fueled by freight volume and "seasonal" weather patterns.