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Newsby Evan LockridgeOctober 24, 2014

Economic Watch: New Home Sales Highest Since 2008

UPDATED -- Sales of new homes in the U.S. hit a six-month high last month while the improvement for August was cut dramatically, according to a new U.S. Commerce Department report.

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Newsby Evan LockridgeOctober 24, 2014

Swift Third-Quarter Profit Surges

With year-over-year profitability improvements in its truckload, intermodal and refrigerated segments, Swift Transportation saw its net income surge to $50.2 million in the third quarter, compared to $30 million a year ago.

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Newsby Evan LockridgeOctober 24, 2014

Forward Air Third Quarter Income Higher

Net income during the period was $16.7 million compared to $14.2 million in the prior-year quarter or 54 cents per diluted share compared with 46 cents per diluted share.

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Newsby Evan LockridgeOctober 24, 2014

UPS Grows Third Quarter Profit

Higher package volume and growth in distribution and UPS Freight business led UPS Inc. to an upswing in third-quarter earnings compared to a year ago.

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NewsOctober 24, 2014

Driver Aids Children in Fatal Accident

David Ragland was named a Highway Angel by the Truckload Carriers Association for his actions in aiding two children in the aftermath of a fatal accident.

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NewsOctober 23, 2014

Hub Group Profit Posts Big Decline

The Illinois-based operation reported income of $4.5 million compared to $18.6 million in the third quarter of 2013 with diluted earnings per share of 12 cents compared to 50 cents a year earlier.

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ProductsOctober 23, 2014

Transflo On-Demand Transmits Documents Efficiently

Pegasus TransTech’s new Transflo On-Demand service allows drivers to print, fax or email documents stored in the network to expedite the delivery of paperwork to truckers on the road.

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NewsOctober 23, 2014

OSHA Hits Carrier with $43,000 in Fines

The Occupational Safety and Health Administration has cited a solid waste removal trucking company for five safety and health violations following an inspection at the company's Mableton, Georgia, facility.

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NewsOctober 23, 2014

U.S. NAFTA Freight Above $100 Billion for Sixth Straight Month

U.S. freight movements with Canada and Mexico saw imports increase 3.6% while exports gained 5.2% from a year earlier, according to the U.S. Transportation Department.

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Newsby Evan LockridgeOctober 23, 2014

Economic Watch: Leading Indicators, Manufacturing Ease

A measure of where the American economy is headed in the next three to six months shows conditions are improving, but not as fast as they have been, according to the private research group The Conference Board.

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