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Fleet Financials

ODFL Forecasting Fourth Quarter Tonnage Growth

Less-than-truckload carrier Old Dominion Freight Line on Tuesday updated its expectations for growth in tons per day and revenue per hundredweight for the fourth quarter of this year, saying it now expects a larger increase in tons per day.

Arkansas Best, YRC Report Third-Quarter Results

Two of the industry's large, unionized less-than-truckload carriers announced their third quarter results Tuesday, with the non-asset-based Panther Expedited helping Arkansas Best and problems at YRC Freight weighing down YRC Worldwide.

Covenant Transportation Income Doubles

The parent company of the carrier Covenant Transport and others, Covenant Transportation Group, has announced third quarter net income of $2 million compared with $1 million the same time a year ago. Company officials cited a higher unseated truck percentage and new hours of service regulations as factors.

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