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The parent to several freight transportation providers, including Covenant Transport, has released numbers showing net income doubled in the final quarter of the year, but there was a slight decline for all of 2013.
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Trucking company Swift Transportation reported a drop in earnings for the final quarter of 2013 but an increase for all of last year.
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More guilty pleas were secured on Monday as part of the federal probe into truckstop mega-chain Pilot Flying J, taking the total number up to 10 so far. Brian Mosher, the former national director for sales, admitted to one count of conspiracy to commit wire fraud and mail fraud before a federal judge in Knoxville.
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The cost of diesel has increased 3.1 cents from a week ago, the first in three weeks, for an average of $3.904 per gallon, according to new figures from the U.S. Energy Department.
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The Obama administration continues to send urgent signals that the Highway Trust Fund is in trouble. In remarks Monday to the American Trucking Associations Executive Committee, Peter Rogoff, acting under secretary at the Transportation Department, said the fund probably will run into the red before the program ends Oct. 1.
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SKF has announced the appointment of Tom O’Brien as president of SKF vehicle service market, North America business unit, effective immediately. O’Brien previously served as the interim president for SKF VSM, North America following the death of Mike McGrath in October.
Read More →TravelCenters of America, operator of the TA and Petro Stopping Centers travel center brands, has announced its network expansion into the state of Montana with the acquisition and rebranding of the newest TA, located at I-90, Exit 96 (8018 U.S. Hwy. 93 N.) in Missoula, Montana.
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Bendix has announced the 2014 schedule for its in-person Bendix Brake Training School, continuing its efforts to support and educate both new and experienced technicians.
Read More →Sales of new homes in the U.S. fell 7% in December from the month before, following a November drop of 3.9% from the month before, according to a new U.S. Commerce Department report.
Read More →Joseph (Joe) L. Mejaly has been appointed vice president and general manager of AxleTech International, a General Dynamics company. AxleTech develops and manufactures axles, brakes and suspension systems for off-highway and specialty vehicles.
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