November 5, 2015
Despite month-to-month variations, third quarter intermodal freight traffic growth of 3.4% was in line with year-to-date results, according to new figures from the Intermodal Association of North America (IANA).
November 4, 2015
XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit.
November 2, 2015
As many as 76% of fleets expect their upcoming heavy-duty truck orders to match what was purchased in 2015, with a few fleets planning an increase.
Economic activity in the nation’s manufacturing may finally be gaining some momentum after some declines, according to two new reports.
October 30, 2015
More trucking companies have released their third quarter financial earnings, showing improvements from a year earlier or at least maintaining their ground, despite complaints about the recent freight-hauling environment.
October 29, 2015
The value of freight moved between the U.S. and its neighbors Canada and Mexico fell in August, totaling $92.4 billion, thanks largely to the drop in fuel and oil prices moved by pipeline and vessel.
Economic growth in the U.S. lost a good portion of its momentum in the third quarter of the year, but the performance still may still be strong enough for the Federal Reserve to push interest rates higher before the year is out.
October 28, 2015
One trucking company serving mainly the less-than-truckload market and another in the truckload sector have both reported lower third quarter earnings.
October 27, 2015
A stretch of recently leaner times for at least one part of the nation’s manufacturing sector could be nearing an end, despite a new report showing lower new orders.
A major OEM announced it is cutting its workforce even though it’s still well in the black as it released third quarter earnings this week while a truck and engine maker reported continued higher numbers.
October 26, 2015
Sales of newly built, single-family homes fell to their lowest level since last November, while a separate report shows the first improvement in the nation’s manufacturing sector in five months.
October 23, 2015
One truck maker has reported its third quarter profit doubled and is considering the sale of its used truck business while one of the nation’s largest trucking fleets has reported new records for the period in several areas.
October 22, 2015
Existing home sales rebounded strongly in September following an August decline, according to the National Association of Realtors. That's not the only good news when it comes to an improving home market, and a separate report shows the overall economy isn't as bad as you may think.
Daimler AG, Dana and Rush Enterprises all saw weaker third-quarter financials compared to a year ago, thanks in part to the recession in Brazil and the downturn in the North American oil and gas industry.
Two large trucking fleets reported big increases in profits for the third quarter of the year. A fleet management and related services conglomerate also saw a hike, but things slipped for a niche trucking provider.
October 20, 2015
Marten Transport reported a 9.9% increase in third quarter net income from a year earlier, due in part to increased dedicated business.
October 19, 2015
A report released Friday shows industrial production in the U.S. fell for the second consecutive month, the latest confirmation the economy lost some ground in the third quarter of the year.
Covenant Transportation Group reported a big gain in third quarter profit. Revenue slipped 2.3% but freight revenue moved higher.
October 18, 2015
PHILADELPHIA – “Most motor carriers have had a pretty good year – not great – but pretty good for 2015,” said Bill Graves, president of the American Trucking Associations, in his annual report on the state of the industry.
PHILADELPHIA — Freight volumes and GDP growth have not been as high as many hoped this year, but trucking companies should be ready for growth to return to higher levels, according to a presentation by two economists at the American Trucking Associations’ Management Conference & Exhibition.
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