Trucking company parent Con-way Inc. has reported 2014 first quarter net income of $12.9 million, or 22 cents per diluted share, compared to first quarter 2013 net income of $14 million, or 25 cents per diluted share, a 7.9% decline.
The Canadian owner of various trucking operations has announced one of its leaders will soon be leaving.
The Arizona-based company reported net income of $12.3 million, or nine cents per diluted share, compared to first quarter 2013 profit of $30.3 million, or 21 cents per diluted share.
A national coalition of transportation companies formed three years ago to advance trucking fleet safety initiatives announced it supports major components within President Obama’s four-year $302 billion transportation plan released this week, however, there is one area in which it disagrees.
In 2012, Verst Group Logistics had zero Department of Transportation recordable accidents. In 2013, to prove the previous year wasn’t just a fluke, Verst only had one DOT-recordable accident. How did this Kentucky-based logistics provider, with a fleet of 90 power units and 250 trailers, attain such a low number of accidents?
UPDATED -- The American economy picked up very little steam in the first quarter of the year, recording its weakest reading since the fourth quarter of 2012, according to a new U.S. Commerce Department report released Wednesday.
Rates on one of the nation’s largest spot freight markets are fairly stable amid lower freight levels.
Arkansas-based truckload carrier and logistics provider, USA Truck, cut its net loss from $2.5 million in the first quarter of last year to $1.6 million in the first quarter of this year. This resulted in a diluted loss per share of 15 cents compared to 24 cents during the same time frame.
The trucking and logistics provider, Celadon Group, reports revenue for the quarter ending March 31 increased 29.1% to $193.2 million from $149.6 million in the March 2013 quarter.
The Truckload Carriers Association has named Robert Tyler, a resident of Marysville, Washington, as a Highway Angel. Tyler, who drives for Smokey Point Distributing of Arlington, Washington, is being recognized for his willingness to help not only an individual motorist, but also the general public.
Congestion on the nation’s Interstate highways added over $9.2 billion in operational costs to the trucking industry in 2013, according to research released Wednesday by the American Transportation Research Institute.
The Obama administration put down its marker for the next highway program with the GROW America Act, a $302 billion, four-year bill funded by a one-time infusion from a change in the corporate tax code. The House and Senate are working on their versions with no word yet on how they will pay for them, although the Senate Finance Committee will hold a hearing May 6: New Routes for Funding and Financing Highways and Transit.
Utility Trailer Manufacturing, a manufacturer of dry freight vans, flatbeds and Tautliner curtainsided trailers, recently commemorated its 100th anniversary in La Quinta, California. This photo gallery features many pictures from Utility's long history.
Remanufacturing has been in the news quite a bit lately. I recently wrote about the need to include remanufactured parts as an integral part of your fleet’s overall parts strategy.
SKF has announced the appointment of George Garner as vice president of automotive sales for the SKF Vehicle Service Market, North America Business Unit, effective immediately.
Volvo has unveiled its new VNL available in six cab configurations. The company calls the VNL a totally "reimagined" design.
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