Continental Automotive Systems Lowers Prices on ELDs
Continental Automotive Systems is cutting the prices of its electronic logging devices.
August 6, 2018DOT Seeks Members to Serve on Human Trafficking Committee
The U.S. Department of Transportation is seeking individuals to serve on a special committee that will provide information, advice and recommendations on matters relating to human trafficking and recommended best practices for state and local transportation stakeholders in combating human trafficking.
August 2, 2018Dana to Acquire Oerlikon’s Drive Systems Unit
Dana Inc. announced it signed a definitive agreement to purchase the drive systems segment of the Oerlikon Group, a Swiss manufacturer of high-precision gears, planetary hub drives for wheeled and tracked vehicles and products, control and software that support vehicle electrification across the mobility industry.
July 30, 2018Echo Global Logistics Income, Revenue Jump
Echo Global Logistics reported record second-quarter net income of $7.7 million from a loss of $200,000 in the second quarter of 2017. The Chicago-based third-party logistics company reported earnings per share of 28 cents, up from a loss of minus 1 cent a share a year ago.
July 27, 2018Dana Improves Second-Quarter Net Income, Sales
Dana Inc. reported higher second-quarter revenue and net income as it underscored its growth opportunities as an e-propulsion design, engineering and manufacturing systems supplier.
July 25, 2018Diesel Falls 1.9¢ to $3.220 as Mideast Jitters, Strong Dollar Seesaw Price of Oil
The U.S. average retail price of diesel fell 1.9 cents to $3.220 a gallon while crude prices slipped, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.
July 23, 2018Heartland Profits Jump 22% in 2Q as Revenue Rises
Heartland Express reported second-quarter net income of $17.8 million, or 22 cents per share, a 22% increase from $14.6 million, or 18 cents, recorded in the second quarter of 2017.
July 19, 2018Canadian Pacific Reports Second-Quarter Revenue Growth of 7%
Canadian Pacific Railway Ltd. announced second-quarter revenues of C$1.75 billion, an increase of 7% from $1.64 billion when compared with the same period of 2017.
July 18, 2018Two Days on the Road With a C.R. England Executive
Brandon Harrison, C.R. England's chief sales officer, recently completed his second trip as part of the company's CDL training program. Follow his journey with the digital diary he provided Transport Topics.
July 18, 2018CSX Profit Jumps to $877 Million
CSX Corp. reported second-quarter net earnings of $877 million, or $1.01 a share, a rise of 72% from net earnings of $501 million, or 55 cents a share, in the same period a year ago.
July 17, 2018