These are some highlights from the second-quarter earnings of Werner Enterprises (NASDAQ: WERN), prior to its earnings call with analysts late Tuesday. Total revenues were down 6% from the second quarter of 2023. Revenues of $760.8 million were about $9 million short of consensus forecasts, according to SeekingAlpha. Operating income...

Werner first look: Revenues down, OR in truckload segment deteriorates

The retail and auction markets are not separate entities. They are intricately interwoven, each influencing the other in a complex dance of supply and demand. It’s not a simple one-way street but a dynamic relationship that shifts depending on market conditions. During the last downturn, 2014–2017, this interdependence was...

Moving Iron: The retail vs. auction market

CEO Bédard: Truckload Will Expand Before Planned Spinoff. [Stay on top of transportation news: Get TTNews in your inbox.]. TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard. Montreal-based TFI ranks...

TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026

Reuters

TOKYO (Reuters) -Japan's Denso, a leading supplier to Toyota, reduced its full-year operating profit forecast by 3.1% on Wednesday after reporting first-quarter profit that was largely in line with analysts' expectations.

Denso cuts full-year operating profit forecast by 3.1%

Birmingham, AL

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writer

Valrico, FL

Akeena

In a recent announcement, The Fresh Market, a beloved grocery chain in Florida, is bidding farewell to its Valrico location. The store, located in one of the fastest-growing areas of the U.S., has cited uncontrollable inflation as a driving force behind its closure, echoing broader economic challenges impacting even higher-end retailers.

A grocery chain in Florida is unexpectedly closing down

Florida State

Wow, that's a tough situation for UKG employees in Florida. Imagine gearing up for a holiday weekend and then getting blindsided with news of massive layoffs. It's not just the number—2,200 employees, which is 14% of their workforce—but also how abruptly it was done, right before the Fourth of July.

Thousands of workers in Florida laid off by a major company

Denver, CO

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David Heitz

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Newark, NJ

Paterson, NJ

Morristown Minute

NEWARK, N.J. – Jasmine McGregor, 32, and Jhenelle Lewis, 35, both of Paterson, New Jersey, have pleaded guilty to conspiring with a physician to distribute oxycodone, a powerful opioid, without legitimate medical justification. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Paterson Residents Conspired with Physician to Illegally Distribute Opioids

The Motley Fool

UPS' historically high yield is a compelling passive income opportunity.

Should You Buy This 5.1%-Yielding Dividend Stock at a 4-Year Low?

Georgia State

Las Vegas, NV

A truck driver has been charged after he was involved in a crash on a North Carolina highway that left five people dead. Charles Christian Haskell, 51, of Las Vegas, was charged with five counts of death by motor vehicle after a crash involving his tractor-trailer on Interstate 95 in Wilson County on July 24.

Las Vegas trucker charged in North Carolina crash that killed 5

WASHINGTON — The U.S. Justice Department is taking Norfolk Southern to court, alleging the railroad’s delays of Amtrak’s Crescent violate federal law. The civil complaint, filed Tuesday, in U.S. District Court for the District of Columbia, alleges NS regularly fails to give the Crescent preference over freight trains as required by statute, leading to delays that harm and inconvenience passengers, impede passenger rail transportation, and negatively affect Amtrak’s financial performance. The New York-Atlanta Crescent operates on NS-owned or managed track between Alexandria, Va., and New Orleans, including the state-owned North Carolina Railroad segment between Danville and Greensboro, N.C. In all, NS controls 1,140 of the Crescent’s 1,377 route-miles.

Justice Department sues Norfolk Southern over Amtrak delays

Virginia State

Ronkonkoma, NY

Cheryl E Preston

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

California State

The HD Post

CALIFORNIA – A month after Big Lots released its Quarter 1 results reporting a net loss of $205.0 million, or $6.99 per share, the company website shows 54 stores closing in California with a 20% off sale.

List of 54 Big Lots stores closing in California with 20% off sale

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Tesla (TSLA) surged 5.6% today, riding on the back of two major analyst statements. Piper Sandler highlighted Tesla’s potential milestone achievement with its latest full self-driving (FSD) software version, garnering positive reviews on social media. The key to Tesla’s future profits lies in selling more subscriptions to this software....

Three Stocks: Tesla, ON Semiconductor, and McDonald's

NEW YORK (Reuters) - J.M. Smucker, known primarily for its jams and jellies, is exploring a sale of Voortman Bakery in a deal that could value the cookie and wafer brand at more than $350 million, according to people familiar with the matter.

Smucker seeks to divest cookie brand Voortman, sources say

Homebuyers shouldn’t expect market conditions to improve too much in the second half of 2024, with mortgage rates likely to remain elevated and supplies tight. Economists expect home prices will rise by about 4%, and mortgage rates to remain at about 6.5%, in the second half. Despite strong demand...

What to Expect in the Housing Market in the Second Half of the Year

Sprouts Farmers Market’s focus is offering what is good for you, and in turn the past few quarters have been good to the retailer. Sprouts’ hot streak continued in the second quarter of 2024 as the Phoenix-based retailer posted $1.9 billion in net sales, a 12% increase year over year. Comparable store sales showed a growth of 6.7%.

Sprouts Farmers Market continues to roll

NewsBreak

Werner CEO Leathers says freight market inflection point may be close

Werner Enterprises CEO Derek Leather several times used the term “inflection point” to describe the current freight market on Tuesday’s conference call with analysts after the...

Werner CEO Leathers says freight market inflection point may be close

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