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The average price of diesel has moved lower for the fifth straight week and is at it lowest level in just over two months, but gasoline has posted its 10th consecutive hike.
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Multi-mode freight transportation provider J.B. Hunt Transport Services on Monday reported first quarter 2014 net earnings of $68.7 million, or diluted earnings per share of 58 cents, compared to first quarter 2013 net earnings of $73.3 million, or 61 cents per diluted share.
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Veteran transportation legislator Tom Petri, R-Wisc., will not run for reelection this fall. Rep. Petri is scheduled to make the announcement Monday afternoon at a town hall meeting in Neenah, Wisc.
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The 1.1% increase from the month before comes as February’s figures was revised upward from a 0.3% increase to a 0.7% gain, following declines in January and December.
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In a year of a record amount of freight on the spot market, March was no exception with freight availability increasing 56% in March compared to the same time a year ago, according to the DAT North American Index.
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Truckload carrier Knight Transportation has revised upward expectations for its first quarter earnings.
Read More →Autocar is recalling 4,100 model year 2008-2014 ACX, WX, and WXLL vehicles manufactured July 30, 2007, through Feb.10, 2014, and equipped with certain Cummins Westport Model ISL G or ISX12 G engines, which are powered by natural gas..
Read More →A preliminary report from the National Transportation Safety Board about a fiery crash between a FedEx Freight tractor-trailer and a bus in California killing 10 won’t be issued for at least about another month.
Read More →The Women In Trucking association announced the creation of the “Distinguished Woman in Logistics” award, sponsored by transportation software provider TMW Systems.
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Volvo Trucks’ service capabilities in the Southwest region of the U.S. have grown with the addition of a new Bruckner’s Truck Sales facility in Albuquerque, N.M.
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