Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
What has Evan Lockridge learned in 20 years with HDT? He shares a list in his last column for the magazine – some about trucking and the economy, some not.
Daimler AG reported a decline in profitiability and revenue in the second quarter and also announced a corportate restructuring which will split off Mercedes-Benz AG, Daimler Truck AG, and Daimler Mobility AG.
Growth across all business segments let to higher earnings for trucking and parcel delivery giant UPS in the second quarter.
The parent company of truck makers Peterbilt, Kenworth, and DAF reported on July 24 a 50% rise in profit and forecast the strong truck sales market will continue into 2019.
Werner and Heartland, two major truckload carriers, reported second quarter earnings that showed increased profit and revenue compared to the same time a year ago.
Second-quarter profit for the Sweden-based truck and engine manufacturer Volvo Group rose 59% from a year ago.
Marten Transport Ltd. has reported a near 50% improvement in net income for the second quarter of the year compared to a year ago.
Freight transportation provider J.B. Hunt Transport Services announced second quarter 2018 net earnings of $151.7 million. That’s up more than 50% from the same time a year ago, beating analysts’ expectations.
Urgency to move freight before the end of the second quarter and ahead of the Fourth of July holiday helped propel the national average spot van rate to $2.32 per mile during the week ending June 30.
The asset-light trucking and logistics provider Roadrunner Transportation Systems Inc. reported its first quarter operating results on Monday that showed a bigger loss than it reported a year earlier as it also said its now in compliance with government reporting rules.
The national average spot truckload van rate on the DAT Solutions network of load boards moved only a little higher for the week ending June 23 but it was enough to push it to a new all-time high.
Spot truckload rates on the DAT Solutions network of load boards rose again for the week ending June 16 and are on track to achieve the highest ever monthly average for van, refrigerated, and flatbed freight.
Trucking is enjoying some of the best business conditions in years, but could rising fuel prices curtail the good times? Analysis by Business Contributing Editor Evan Lockridge
Demand outpaced capacity during the week including Memorial Day as the number of truck posts on DAT Solutions network load boards dropped 18% while load posts fell just 9% over the past week, according to newly released figures.
Navistar International Corp. on June 5 announced it turned around its financial picture in the second quarter of the year, with net income of $55 million compared to a second quarter 2017 net loss of $80 million.
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