Afternoon Coffee: Demand Boosts Profits for Trucking Companies, Apple iPhone Sales Disappoint

afternoon coffee

The rise in demand for shipping and a limited trucking industry capacity have pushed freight prices up. One truckload operator, Werner Enterprises told The Wall Street Journal this week the demand is allowing the company to increase rates and bring in higher profits.

Apple sold about 47.5 million iPhones in its third quarter. While the number is a Q3 record, it was below expectations and lower than the sales seen in the second quarter.

Boeing, however, had a better than expected second quarter, bringing in $24.5 billion in revenue. The 11% year-over-year increase is largely due to a 9% rise in deliveries of commercial aircrafts.

McMuffin lovers rejoice! McDonald’s announced 90% of its locations in the US will soon offer all-day supplies of its breakfast menu items.

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