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The Canadian owner of various trucking operations has announced one of its leaders will soon be leaving.
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Trucking company parent Con-way Inc. has reported 2014 first quarter net income of $12.9 million, or 22 cents per diluted share, compared to first quarter 2013 net income of $14 million, or 25 cents per diluted share, a 7.9% decline.
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The parent company to the carrier YRC Freight and others moved to a bigger loss in the first quarter of the year.
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On sale this summer, Ford’s next-generation full-size van family will provide tradespeople and businesses with increased capability and new configurations in the growing commercial vehicle market.
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UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.
Read More →Trucking Moves America Forward gained momentum with its first major partnership, announcing an agreement with Love’s Travel Stops. This comes days after TMAF shared it had raised more than a half-a-million dollars since its March launch.
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The White House Office of Management and Budget has cleared a proposal to prohibit coercion of drivers by carriers, shippers or receivers. OMB sent the proposal back to the Federal Motor Carrier Safety Administration, typically a signal that a Federal Register notice is pending.
Read More →Trailer maker Wabash National had net income for the first quarter of 2014 of $7.3 million, or 10 cents per diluted share, compared to first quarter 2013 net income of $5.7 million, or 8 cents per diluted share.
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The Obama administration put down its marker for the next highway program with the GROW America Act, a $302 billion, four-year bill funded by a one-time infusion from a change in the corporate tax code. The House and Senate are working on their versions with no word yet on how they will pay for them, although the Senate Finance Committee will hold a hearing May 6: New Routes for Funding and Financing Highways and Transit.
Read More →Profit for truck, engine and carmaker Daimler AG soared in the first quarter of the year, while competitor Volvo has reported a profit following a loss a year ago
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