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Newsby Oliver PattonOctober 29, 2013

Congressional Freight Panel: We Need Robust Infrastructure Funding

A congressional panel is recommending a comprehensive, multimodal approach to freight transportation with robust, sustainable funding from public and private sources. The bipartisan Panel on 21st Century Freight Transportation unanimously backs more spending on freight infrastructure – but does not take a position on where the money should come from.

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Newsby Oliver PattonOctober 28, 2013

FMCSA Grants Rest-Break Exemption to Defense Carriers

The Federal Motor Carrier Safety Administration granted a rest-break exemption from the hours-of-service rules to carriers serving the Department of Defense.

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NewsOctober 28, 2013

UPS Third Quarter Profit Doubles

New third quarter financials from UPS show it doubled its profit in the third quarter of the year, coming in at $1.1 billion, compared with $469 million a year earlier.

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NewsOctober 28, 2013

Echo Global Logistics, Universal Truckload and Pacer International Report Mixed Results

Echo Global Logistics has reported record total revenue of $234.8 million for the third quarter of the year, up 21.8% from a year ago while net income increased 15% to $4.4 million.

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NewsOctober 28, 2013

Roehl Transport Purchases Brock Cold Storage and Trucking

The Wisconsin-based Roehl will operate the cold storage business as Roehl Cold Storage, and the trucking operation will become a part of Roehl Transport.

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NewsOctober 28, 2013

Celadon Profit Drops Despite Additional Revenue

Long-haul truckload service provider, Celadon Group reports revenue for the third quarter of this year increased 14.2% to $175.1 million from $153.3 million during the same time in 2012 while net income decreased 20.5% to $6.6 million from $8.3 million during the same time

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Newsby Evan LockridgeOctober 28, 2013

Average Cost of Diesel Lowest Since Mid-July

Figures released late Monday afternoon by the U.S. Energy Department show the cost of diesel is down 1.6 cents over the past week for a national average of $3.87 per gallon.

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Newsby Evan LockridgeOctober 28, 2013

P.A.M. Transportation Income Nearly Triples in Third Quarter

Dry van truckload operation, P.A.M. Transportation Service has reported net income of $2.4 million for the third quarter of the year and net income of $4.6 million the first nine-months of the year

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Newsby Evan LockridgeOctober 28, 2013

Economic Watch: Industrial Production, Durable Goods Shipments and Orders Rise

Industrial production in the United States increased in September, posting its biggest gain in seven months. This follows a report Friday showing shipments of manufactured durable goods hit their highest level on record going back to 1992 -- but consumer confidence took a nosedive.

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Newsby Oliver PattonOctober 28, 2013

Tax Reform Effort Could Include Infrastructure Funding

Two congressional leaders who have been working on tax reform for the past couple of years are getting closer to drafting proposals that could include renewed commitment to highway funding.

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