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Newsby Evan LockridgeJuly 26, 2013

Covenant, Pacer, Saia, UTI, P.A.M. Report Financials

More carriers have reported second quarter financial results, with both Covenant Transport and Universal Truckload showing a decline in profit, Pacer showing a slighter bigger one, and Saia and P.A.M. showing increases in both profit and revenue.

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Newsby Evan LockridgeJuly 26, 2013

Economic Watch: Latest Economic Numbers Hit Multi-Year Highs

While American’s are split on how President Obama is handling the economy, the latest numbers out show things are decidedly on the upswing, with increasing consumer confidence, rising home prices and steady job gains.

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NewsJuly 26, 2013

Swift Transportation Faces Lawsuit Over Background Checks

Swift Transportation is facing a class action lawsuit for allegedly violating the Fair Credit Reporting Act in how it conducted background checks. The suit says more than 10,000 applicants were affected.

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Newsby Evan LockridgeJuly 25, 2013

USA Narrows Loss on Higher Revenue

Arkansas-based USA Truck announced improved year-over-year financial results for the second quarter of the year, with an 7.7% increase in revenue and a lower net loss than the same time last year.

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NewsJuly 25, 2013

Teamsters, UPS Freight Extend Current National Agreement

The Teamsters Union and UPS Freight have agreed to an extension of the current UPS Freight National Agreement in order to give the parties time to continue negotiations. This means that the current agreement will remain in place until the agreement has been revoted and accepted by the members.

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Newsby Evan LockridgeJuly 25, 2013

Old Dominion Profit Soars in Second Quarter

Less-than-truckload carrier Old Dominion Freight Line has reported a big boost in profit and business for the second quarter of the year as well as the first half of 2013.

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Newsby Evan LockridgeJuly 25, 2013

Landstar Profit and Revenue Falls

Asset-light trucking company Landstar System has reported a second quarter downturn in profit and business but expects a pickup in the current quarter.

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NewsJuly 25, 2013

Collapsed Bridge Along I-5 to Get Retrofits for Trucks, More Closures on The Way

Following the installation of a new permanent replacement span, contractor crews working for the Washington State Department of Transportation will begin upgrading and retrofitting the remaining sections of the Interstate 5 Skagit River Bridge.

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NewsJuly 25, 2013

Biodiesel on Pace for Record Year

Boosted by strong federal policy aimed at diversifying the transportation fuels market, the U.S. biodiesel industry reached a new production record for the first half of the year and is on pace for its best year ever, according to new EPA figures.

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NewsJuly 25, 2013

Cleveland Indians To Host First Annual “Women In Transportation” Event

The Cleveland Indians are partnering with the Women In Trucking Association to honor all women in transportation careers. The event will take place at Progressive Stadium during the Cleveland Indians versus Texas Rangers game on July 28.

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