The parent company of the carrier Covenant Transport and others, Covenant Transportation Group, has announced third quarter net income of $2 million compared with $1 million the same time a year ago. Company officials cited a higher unseated truck percentage and new hours of service regulations as factors.
Nebraska-based truckload fleet Werner Enterprises reported a drop in its third quarter profit amid just a slight increase in business, noting that hours of service rules changes that took effect in July negatively impacted miles per truck by 2% to 3%.
Virginia Gov. Bob McDonnell announced that the Commonwealth Transportation Board has awarded $168 million worth of transportation projects. Construction will soon begin on projects to replace bridges and widen and improve roads in several areas of the state.
CSX Corp. and its transportation and intermodal terminals subsidiaries announced plans to design and build a new intermodal facility in McKees Rocks and Stowe Township, Pa., near Pittsburgh. The proposed facility will give western Pennsylvania shippers direct intermodal freight rail access.
FPInnovations’ Performance Innovation Transport group, a not-for-profit engineering and research group for the North American trucking industry, announced it is conducting fuel consumption tests comparing European and North American Volvo Trucks models.
Activity at the Port of Baltimore started returning to normal Friday afternoon after an arbitrator's ruling put striking workers back on the job. An arbitrator ruled Friday afternoon the strike by the ILA violated a “no-strike” clause in a national master contract the union signed off on earlier in the year.
The Arkansas-based fleet USA Truck has improved financial results for the third quarter and the first nine months of the year, with a 13.5% increase in revenue and a much smaller net loss than a year ago.
SmartDrive Systems announced that Michael Baker has joined its management team as vice president of worldwide sales. Baker is a telematics sales veteran.
SmartDrive Systems announced that Marty Fletcher has joined its management team as a strategic program manager. Fletcher brings over 40 years of engineering experience in the automotive and trucking industries.
Apollo Tyres Ltd. did not take Cooper Tire & Rubber Co.'s lawsuit and allegations lightly. Cooper says Apollo is not meeting the terms of the merger agreement. Apollo claims it's Cooper that is in violation of the agreement.
Weather permitting, the Virginia Department of Transportation will have major roadway closures in place this weekend along the I-395/95 corridor from the Washington D.C. line to Garrisonville Road (Route 610) in Stafford County.
The amount of cargo to haul and rates paid for it, on one of the nation's largest spot markets, has declined across the board during the most recent seven-day period.
New business volume grew 16.4% in the equipment finance industry in 2012, according to the 2013 Survey of Equipment Finance Activity released by the Equipment Leasing and Finance Association.
Transplace, a provider of transportation management services and logistics technology, has appointed Warren Hoppmeyer as senior director, sales, for the chemical division.
Weather permitting, this Friday night, Oct. 18 and Saturday night, Oct. 19 starting at 9:30 p.m., the Virginia Department of Transportation will begin to close lanes on I-95 south just before Marine Corps Base Quantico Russell Road to Garrisonville Road progressing to a full closure of I-95 south from 1 a.m. to 5 a.m., Saturday and Sunday mornings.
Volvo has unveiled its new VNL available in six cab configurations. The company calls the VNL a totally "reimagined" design.
View more photos
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
