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Former Business Contributing Editor
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.
Marten Transport Ltd. on July 20 reported its second quarter net income increased 7.2% from a year earlier to $9.1 million, or 17 cents per share, which is 2 cents better than analysts' expectations.
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Truckload linehaul rates appear to be stabilizing, while intermodal rates continue moving higher but at a slower pace, according to two new reports.
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Multi-modal freight transportation services and third-party logistics provider C.H. Robinson Worldwide Inc. reported its second quarter net income fell 22.4% from a year ago despite a 12.4% hike in total revenue.
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There are steps fleets can take to offset productivity losses that can occur with the mandatory move to electronic logging devices.
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Housing starts in the U.S. bounced back, according to a new Commerce Department report, but concerns remain about the future of the housing market as well as the wider economy.
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The parent company of Volvo Trucks and Mack Trucks on Wednesday reported both increased sales and profitability during the second quarter of the year.
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The spot truckload freight market returned to seasonal norms during the week ending July 15 as the number of posted loads increased 35% and truck posts added 28%, according to DAT Solutions and its network of load boards.
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The second quarter earnings season for trucking kicked off on Monday morning with J.B. Hunt Transport Services Inc. reporting a small decline in profitability.
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Spot truckload freight activity in June rallied to record highs for the number of available loads while rates rose to their highest points in nearly two years, according to the DAT North American Freight Index.
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The level of freight moved by the nation’s for-hire transporters rebounded in May following a two-month decline, according to the U.S. Transportation Department.
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