October 29, 2014 - Industry News
Rates for spot market freight remain stagnant for the third straight week, according to a new snapshot of the market from the freight matching service provider DAT Solutions.
Tags: Spot Freight, Freight Rates, DAT Solutions
With 56 days left until Christmas UPS is expecting to set another record this holiday season in terms of the number of packages it will deliver.
Tags: UPS, Freight, FedEx, Holiday Driving
October 28, 2014 - Industry News
Dry-van truckload carrier P.A.M. Transportation Services reported record profit in the third quarter of the year, more than doubling from the same time a year ago to $5.1 million.
Tags: Fleets, Earnings, PAM Transport
The mainly less-than-truckload carrier Saia inc. has reported an increase in its third quarter profit due to significant gains in tonnage and shipments.
Tags: Fleets, Earnings, Saia
An advance report shows shipments of durable goods increased just slightly last month while new orders fell for the second straight month.
Tags: Economy, Consumer Confidence, Durable Goods
October 27, 2014 - Industry News
Trucking and logistics operator Celadon Group Inc. on Monday announced the purchase of A&S Services Group LLC, a regional for-hire and dedicated truckload carrier.
Tags: Pennsylvania, Celadon Group, Fleets, Mergers & Acquisitions
Profit and earnings for truckload carrier Heartland Express shot up in the third quarter of the year compared to the same time in 2013, as loads turned down were the highest since before the Great Recession.
Tags: Fleets, Earnings, Heartland Express
The mainly less-than-truckload carrier ABF Freight has announced an increase in general rates and charges effective Nov. 3.
Tags: LTL, Fleets, ABF, Freight Rates
The Teamsters Union has gotten the go-ahead from workers at a second Con-way Freight terminal to represent them in talks with company management, but were turned back at two other locations in votes all supervised by the National Labor Relations Board.
Tags: Con-way Freight, California, Teamsters, NLRB, Labor Unions
October 24, 2014 - Industry News
Less-than-truckload carrier Con-way Freight said Friday it will implement a general rate increase averaging 4.7% for non-contractual business, effective Oct. 27.
Tags: Con-way Freight, Freight Rates, Con-way Inc., LTL
UPDATED -- Sales of new homes in the U.S. hit a six-month high last month while the improvement for August was cut dramatically, according to a new U.S. Commerce Department report.
Tags: Economy, Home Sales
With year-over-year profitability improvements in its truckload, intermodal and refrigerated segments, Swift Transportation saw its net income surge to $50.2 million in the third quarter, compared to $30 million a year ago.
Tags: Fleets, Earnings, Swift Transportation
Net income during the period was $16.7 million compared to $14.2 million in the prior-year quarter or 54 cents per diluted share compared with 46 cents per diluted share.
Tags: Fleets, Earnings, Forward Air
Higher package volume and growth in distribution and UPS Freight business led UPS Inc. to an upswing in third-quarter earnings compared to a year ago.
Tags: UPS, Fleets, Earnings, UPS Freight, LTL
David Ragland was named a Highway Angel by the Truckload Carriers Association for his actions in aiding two children in the aftermath of a fatal accident.
Tags: Tennessee, Fatal Accidents, Utah, TCA, TCA Highway Angel, Image
October 23, 2014 - Industry News
The Illinois-based operation reported income of $4.5 million compared to $18.6 million in the third quarter of 2013 with diluted earnings per share of 12 cents compared to 50 cents a year earlier.
Tags: Fleets, Earnings, Hub Group
The Occupational Safety and Health Administration has cited a solid waste removal trucking company for five safety and health violations following an inspection at the company's Mableton, Georgia, facility.
Tags: Regulations, OSHA, Safety, Georgia, Enforcement
U.S. freight movements with Canada and Mexico saw imports increase 3.6% while exports gained 5.2% from a year earlier, according to the U.S. Transportation Department.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, NAFTA, Surface Trade
A measure of where the American economy is headed in the next three to six months shows conditions are improving, but not as fast as they have been, according to the private research group The Conference Board.
Tags: Economy, Manufacturing, Leading Economic Indicators
The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million shipments in volume.
Tags: Fleets, Freight, FedEx
Freight transportation provider Landstar System has reported record third quarter net income of $36.8 million, or 82 cents per diluted share, on record revenue of $819 million.
Tags: Fleets, Earnings, Landstar System
Celadon Trucking Services parent Celadon Group has names Erik Meek chief operating officer. He previously served as executive vice president, chief financial officer and treasurer.
Tags: Celadon Group, Fleets, People
October 22, 2014 - Industry News
The Cass Truckload Linehaul Index, which measures changes in per-mile truckload linehaul rates, rose 6.7% year-over-year in September and increased 2.4% above the August level.
Tags: Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates
With strong demand and tight capacity continuing, Knight Transportation's third-quarter profits are up more than 66% over a year ago, thanks to higher revenue per tractor and per loaded mile and fewer empty miles.
Tags: Fleets, Earnings, Knight Transportation
Cargo container traffic rose 7.3% in September at the Port of Long Beach compared to the same month last year, marking the Southern California seaport’s busiest September since 2007, the Port’s peak year.
Tags: Port of Long Beach, Freight, Ports, Port Trucking
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