Heartland Profit Gains Following Gordon Trucking Purchase
Trucking company Heartland Express posted double digit gains in profits for the final quarter of last year and for all of 2013, following its purchase of rival Gordon Trucking in November.
Trucking company Heartland Express posted double digit gains in profits for the final quarter of last year and for all of 2013, following its purchase of rival Gordon Trucking in November.
Recurring storms and strong month-end demand for capacity helped keep rates elevated on the spot truckload market during the week ending Feb. 1 compared to the previous seven days, according to a composite of the DAT network of load boards.
Private sector employment increased by 175,000 jobs from December to January, according to new report released Wednesday from the payroll service provider ADP.
January NA Classes 5-7 net orders are expected at 17,000 units and Class 8 net orders are expected at 34,700 units, when actual data are released mid-month, according to ACT Research.
Expect the fireworks to resume as the National Labor Relations Board once again is proposing new regulations to speed up the pace of union elections, identical to changes first proposed in 2011.
Exemption from the 12% FET is a major benefit of buying gliders instead of new trucks, but new IRS thinking would take away that break.
Online freight marketplace uShip announced Internet travel marketplace, ecommerce and retail finance veteran Bob Bearden has joined the company as chief financial officer.
UPDATED -- A longtime executive with Missouri-based fleet Prime died on Tuesday, according to the website of the Springfield News-Leader.
The parent to liquid and dry bulk carrier Florida Rock and Tank lines reports earnings in the final three months of last year fell 25% from a year earlier, despite an increase in revenue.
Shipments and new orders for factor good both declined in December, according to new figures released by the U.S. Commerce Department.
One logistics provider, with the help of a railroad, is gearing up to take what may arguably their best shot at trucking’s dominance when it comes to hauling refrigerated freight.
Schneider announced it is raising owner-operator pay rates in its bulk division. The contractual compensation increase is effective March 3; most owner-operators will earn an additional 10 1/2 cents per mile, both loaded and unloaded.
C.R. England has opened a new IdleAir facility at its terminal at 8422 Amparan Road in Laredo, Texas. The 24-space IdleAir facility provides C.R. England drivers with in-cab services that provide heating and air conditioning, Internet connectivity, television, and 110-volt electrical, completely eliminating the need for idling.
What’ll it be, buddy? New or used? Buy or lease? A salesperson could throw those questions at a prospective buyer and get a combination of answers, and none of them would be absolutely wrong. Because like everything in trucking, “it depends.”
The U.S. Food and Drug Administration will officially propose a rule that would require certain shippers, receivers, and carriers who transport food by motor or rail vehicles to take steps to prevent the contamination of human and animal food during transportation.
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