Transport Topics
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Amazon.com Inc.'s sales and profit topped estimates on robust demand for quick-turnaround delivery, cloud services and gadgets such as the Kindle and Echo, adding to evidence the e-commerce giant can make money even as it invests heavily in future hardware, software and entertainment.
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ArcBest Corp.'s first quarter loss widened to $6.1 million, or 24 cents per share, hurt by rising costs and reduced revenue at its less-than-truckload unit and weaker results at its logistics business.
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TruStar Energy has opened a company-owned public compressed natural gas fueling station in Fort Myers, Florida, as a midpoint between Tampa and Fort Lauderdale for fleets traveling the Interstate 75 corridor.
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Caterpillar has announced the planned closing of five plants and the elimination of about 820 jobs as part of its ongoing restructuring in response to "tough market conditions."
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