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Evan Lockridge

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.

Newsby Evan LockridgeFebruary 4, 2015

Spot Market Rates Continue Drifting Down

Spot market freight rates and activity remained stuck in a seasonal lull during the final week of January, according to the freight matching service provider DAT Solutions.

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Newsby Evan LockridgeFebruary 4, 2015

ABF Freight Parent’s Annual Profit Nearly Triples

The parent company to trucking operations ABF Freight, Panther Premium Logistics and others reported profit increased 41% in the final quarter of 2014 while it nearly tripled for all of last year.

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Newsby Evan LockridgeFebruary 3, 2015

Heartland Fourth Quarter Profit Jumps 36%, Reports Record Annual Revenue

The trucking company Heartland Express Inc. on Tuesday announced fourth quarter 2014 earnings showing net income increased 36% from the same time in 2013 totaling $21.5 million.

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Newsby Evan LockridgeFebruary 3, 2015

UPS Fourth Quarter Profit Falls

Depending on how you look at it, parcel and trucking giant UPS either saw its fourth quarter profit fall a little or a lot compared to a year earlier, thanks to expenses incurred avoiding the previous year's holiday delivery delays.

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Newsby Evan LockridgeFebruary 3, 2015

Eaton Increases Fourth Quarter Profit by 21%

Net income totaled $585 million compared to $482 while earnings per diluted share moved higher to $1.23 from $1.

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Newsby Evan LockridgeFebruary 2, 2015

Average Diesel Cost Falls to Near 5-Year Low

The average cost of on-highway diesel continues falling in most of the country, declining another 3.5 cents over the past week.

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Newsby Evan LockridgeFebruary 2, 2015

Economic Watch: Consumer Spending, Manufacturing Drop; Construction Rises

Consumer spending during December posted its biggest drop since September 2009, according to a new U.S. Commerce Department report on Monday.

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Newsby Evan LockridgeJanuary 30, 2015

Economic Watch: GDP Growth Slows, Consumer Sentiment Best in 11 Years

A first look at one of the widest measures of the U.S. economy shows activity cooled in the fourth quarter of 2014.

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Newsby Evan LockridgeJanuary 28, 2015

Meritor Profit Surges Despite Weaker Sales

Truck component manufacturer Meritor Inc. on Wednesday reported quarterly financial results showing a big increase in profit despite a small drop in sales.

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Newsby Evan LockridgeJanuary 28, 2015

Knight Transportation Net Income Leaps 64%

Trucking company Knight Transportation Inc. has reported significant increases in net income and revenue for the final quarter of last year and for all of 2014.

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