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In one of his final moves as Federal Reserve Chairman, Ben Bernanke on Wednesday announced the central bank would continue trimming its monthly purchases of mortgage and Treasury securities that it recently started.
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TMD promoted Tony Croy to managing director, NAFTA. In this position he is responsible for TMD’s business units in Canada, Mexico and the United States, including all commercial, engineering and manufacturing operations serving TMD’s OE and replacement part friction business.
Read More →A new group of heavy-duty trucking aftermarket leaders have formed a new organization, GenNext, to educate, mentor and recruit the next generation of aftermarket leaders.
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Hub Group has announced financial results showing income of $16.5 million for the fourth quarter of last year or earnings per share of 45 cents...
Read More →Con-way Truckload is recognizing Jon Smith, an independent contractor, for surpassing 4 million miles of professional driving for the company. Similar to small business owners, independent contractors own or lease their trucking equipment and work as their own bosses.
Read More →Truck component maker Meritor recorded a profit for the final quarter of last year, compared to a loss the same time a year ago, according to a newly released earnings report.
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After a strong start to the month, freight activity and rates on the spot truckload market tapered off during the week ending Jan. 25 compared to the previous seven days.
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Three of the five transportation modes - truck, rail and pipeline - carried more U.S.-NAFTA trade in November 2013 than they did a year earlier, according to new figures from the U.S. Transportation Department.
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Truckload carrier and logistics provider Knight Transportation announced Wednesday its fourth quarter 2013 profit increased 12.7% to $20.1 million or 25 cents per share, from $17.7 million or 22 cents per share a year earlier.
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In his State of the Union address Tuesday night President Obama repeated his call to use corporate tax reform to fund a large, one-time infusion of money into infrastructure.
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