The Highway Trust Fund is likely to run into the red by September, according to the latest update from the Department of Transportation. In its most recent monthly status report, DOT shows the fund’s cash balance dipping below zero in late August or the first week of September.
Marten Transport on Tuesday reported net income of $5.3 million, or 16 cents per diluted share, in the first quarter of the year, compared with $7.2 million, or 22 cents per diluted share, in the first quarter of 2013.
Autocar is recalling 4,100 model year 2008-2014 ACX, WX, and WXLL vehicles manufactured July 30, 2007, through Feb.10, 2014, and equipped with certain Cummins Westport Model ISL G or ISX12 G engines, which are powered by natural gas..
Truckload carrier Knight Transportation has revised upward expectations for its first quarter earnings.
In a year of a record amount of freight on the spot market, March was no exception with freight availability increasing 56% in March compared to the same time a year ago, according to the DAT North American Index.
The 1.1% increase from the month before comes as February’s figures was revised upward from a 0.3% increase to a 0.7% gain, following declines in January and December.
Veteran transportation legislator Tom Petri, R-Wisc., will not run for reelection this fall. Rep. Petri is scheduled to make the announcement Monday afternoon at a town hall meeting in Neenah, Wisc.
Multi-mode freight transportation provider J.B. Hunt Transport Services on Monday reported first quarter 2014 net earnings of $68.7 million, or diluted earnings per share of 58 cents, compared to first quarter 2013 net earnings of $73.3 million, or 61 cents per diluted share.
The average price of diesel has moved lower for the fifth straight week and is at it lowest level in just over two months, but gasoline has posted its 10th consecutive hike.
Connectivity continues making gains in and in the not too distant future every person, device and piece of equipment in trucking operation will be connected.
Bridgestone Commercial Solutions, part of Bridgestone Americas Tire Operations, announced that John Boynton, currently vice president, sales, BCS, has been promoted to the position of president, BCS, effective immediately.
Less-than-truckload carrier Old Dominion Freight Line will increase its base rates by an average of 4.3% effective May 1.
A preliminary report from the National Transportation Safety Board about a fiery crash between a FedEx Freight tractor-trailer and a bus in California killing 10 won’t be issued for at least about another month.
UPDATED -- The National Transportation Safety Board has sent a “go-team” to investigate the cause of a deadly tractor-trailer bus crash that happened Thursday in California, killing at least 10 people.
The Ambassador Bridge is implementing its non-stop tolling system, known as APASS, for all commercial traffic going into Canada, according to the Ontario Trucking Association.
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