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Less-than-truckload carrier Con-way Freight said Friday it will implement a general rate increase averaging 4.7% for non-contractual business, effective Oct. 27.
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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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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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The doctors who advise the Federal Motor Carrier Safety Administration are recommending closer scrutiny of drivers using Schedule II drugs, such as opioid-containing prescription pain relievers and medications for attention deficit disorder.
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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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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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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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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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Questar Fueling Company opened a new CNG fueling station with public access in conjunction with Frito-Lay.
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Commercial truck dealership chain Rush Enterprises had net income totaling $23.5 million in the third quarter, compared with $15.2 million a year ago, as Class 8 truck sales outpaced national numbers.
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