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NewsJuly 28, 2014

Cummins Increases Profit in Second Quarter

Truck engine manufacturer Cummins has reported results for the second quarter of 2014, showing revenue of $4.8 billion increased 7% from the same quarter in 2013.

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NewsJuly 28, 2014

P.A.M Second Quarter Profit Jumps More Than 80%

Dry van truckload carrier P.A.M. Transportation Services has reported a sharp upturn in profit for the second quarter of the year despite a small drop in revenue.

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NewsJuly 28, 2014

Total Quality Logistics Expanding with St. Louis Office

The freight brokerage firm Total Quality Logistics has selected St. Louis to open its new office, giving it locations in 14 states.

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NewsJuly 28, 2014

ABF Reportedly Considering Move to Memphis, Expansion

While there has been no official word from less-than-truckload carrier ABF Freight or its parent ArcBest Corp., it appears the company has plans for a move and expansion of one of its primary facilities.

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NewsJuly 28, 2014

Economic Watch: Pending Home Sales Dip Following Solid Gains

Despite June’s decrease, the index is above 100, considered an average level of contract activity, for the second consecutive month after failing to reach the mark since November 2013.

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NewsJuly 25, 2014

Swift Transportation Profit Falls in Second Quarter

Profit for the trucking company Swift Transportation fell in the second quarter of the year despite an increase in revenue.

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NewsJuly 25, 2014

Economic Watch: Durable Goods Higher, Construction Advances

UPDATED -- Shipments and new orders for durable manufactured goods both increased in June following declines the month before, while total U.S. construction in June hit its highest level so far this year.

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NewsJuly 25, 2014

Cross-Border Trade Up in May

The value of trade between the United States and its North American trading partners rose in May compared to a year ago, reports the Department of Transportation, led by petroleum products going by pipeline between the U.S. .and Canada, and electrical machinery going by truck between the U.S. and Mexico.

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NewsJuly 25, 2014

Canadian Trucking Giant TransForce Bids to Buy Rival Contrans

Canada’s largest trucking firm, TransForce, has offered to buy fellow top Canadian carrier Contrans for about CA$495 million in cash.

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NewsJuly 25, 2014

Truck Movements Into U.S. Increase for Fourth Straight Year

The number of commercial truck crossings into the United States from Canada and Mexico was 10.8 million in 2013, 1.1% more than in 2012, according to new U.S. Department of Transportation figures.

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