Transport Topics
Sacramento Gets $44 Million in Electric Vehicles
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Eleven Sacramento apartment complexes will soon have shareable Volkswagen electric vehicles — the first benefit the state has received after the company was ordered to spend $800 million promoting EVs as part of a settlement for its 2015 emission scandal.
Exxon 3Q Profit Surges on Higher Energy Prices
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DALLAS — Higher oil prices propelled Exxon’s third-quarter profit up 57% to $6.24 billion despite another drop in production. It was Exxon’s best third quarter since 2014, when the effects of a collapse in oil prices had not yet been felt, and a sign that Big Oil is coming back.
Rush Debuts Stock Repurchase of Up to $150 Million
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Rush Enterprises Inc., the only publicly traded network of commercial vehicle dealerships in North America, announced a new stock repurchase program of up to $150 million of its shares of common stock.
ArcBest Reports Strong 3Q Earnings
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For-hire carrier ArcBest on Nov. 1 reported its third-quarter net income was $40.8 million, or $1.58 per share, on revenue of $826.2 million. That compares with 2017’s net income of $14.8 million, or 57 cents a share, on revenue of $744.3 million.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.