Swift Transportation Profit Takes A Dive
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.
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.
The U.S. Environmental Protection Agency has made $9 million in grant funding available for clean diesel projects to reduce diesel pollution and emissions exposure from the nation's existing fleet of diesel engines.
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.
Finances for the truck component maker Meritor have turned around compared to a year ago, with it reporting a small profit.
The trucking operation, Arkansas Best, just renamed ArcBest, has reported a first quarter net loss of $2.9 million, or 11 cents per share, compared to a first quarter 2013 net loss of $13.4 million, or 52 cents per share.
Do you have a sure-fire tip, trick or technique that has helped your company save money on fuel? If so, Heavy Duty Trucking's editors would like to hear about it for our special June issue, featuring "100 Ways to Save on Fuel."
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.
Mark Lowthorp, a long time driver for Marten Transport, has been awarded the Darrell Hick’s Memorial Ambassador of the Year award. He has been a Trucker Buddy for almost 20 years.
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.
Prices for diesel exhaust fluid remain stable in the U.S. but they are showing no signs of letting up in Canada with a string of monthly hikes, according to new figures from Integer Research, which analyzes a range of global commodities.
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.
Profit for truck, engine and carmaker Daimler AG soared in the first quarter of the year, while competitor Volvo has reported a profit following a loss a year ago
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