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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.
Sales of new single-family homes slipped in January from the month before but are up compared to the same time a year earlier.
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Donaldson released financial results for its fiscal second quarter ending at the close of January, showing a 14% drop in net earnings despite a small uptick in sales.
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Consumer confidence fell this month from a more than seven-year high last month, according to a new report from the private research group The Conference Board.
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The average U.S. cost of on-highway diesel has increased for the third straight week since hitting a five-year low early this month, according to the U.S. Energy Department.
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Existing-home sales in the U.S. declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month, according to the National Association of Realtors.
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The Federal Trade Commission has filed an administrative complaint charging that the proposed merger of Sysco and US Foods would violate the antitrust laws by significantly reducing competition nationwide and in 32 local markets for foodservice distribution services.
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The vehicle component manufacturer Dana Holding Corp. on Thursday reported net income for the final quarter of 2014 more than doubled from the same time a year earlier.
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A measure of where the American economy is headed three to six months down the road registered another monthly increase but the pace was slower than in recent months.
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XPO Logistics released financial numbers on Wednesday showing a net loss of $9.9 million for the fourth quarter of 2014, compared with a net loss of $10.6 million for the same period in 2013.
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The amount of freight available to haul declined 4.5% the second week of February compared to the week before while capacity increased 10%, causing rates to slide in the major equipment categories for the third straight week.
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