Marten Transport Reports Company Record Revenue
Marten Transport Ltd. reported the highest operating revenue and operating income in the company’s 73-year history, according to a July 18 news release.
July 18, 2019Union Pacific Reports Record 2Q Earnings
Union Pacific Corp. reported record 2019 second-quarter income of $1.57 billion, or $2.22 a share, July 18. This compares with $1.5 billion, or $1.98 per share, in second-quarter 2018.
July 18, 2019Heartland Express Reports Strong 2Q Earnings
Heartland Express Inc. reported July 18 another quarter of profit improvement despite a weakening freight environment in the second quarter of 2019.
July 18, 2019BMW Names Production Chief Oliver Zipse as New CEO
BMW AG promoted production chief Oliver Zipse to chief executive officer, resetting its leadership to catch up with rivals in the transition to an era of self-driving, electric cars.
July 18, 2019ATA Reaffirms Opposition to Side Underride Guard Legislation
Legislation that would require the installation of side underride guards on heavy trucks is not based on sufficient science, data or demonstrated overall effectiveness, American Trucking Associations wrote to congressional transportation leaders.
July 18, 2019Trump, Xi Struggle to Chart Path for Trade Talks
Slow progress and disagreement on key initial demands from Presidents Donald Trump and Xi Jinping is raising doubts about whether the U.S. and China will actually return to the negotiating table to overcome their much deeper differences.
July 18, 2019Earthquake Damage Adds to Infrastructure Woes at Port of Alaska
The primary users of Anchorage’s beleaguered port want city officials to delay the first major rehabilitation work at the port in years while port leaders continue to discover earthquake damage to critical infrastructure.
July 18, 2019ATA’s NAFC Pushes for Delay in New Accounting Rules
American Trucking Associations’ National Accounting and Finance Council has called for a one-year delay of ASC Topic 842, a leasing accounting rule for private companies and nonprofit organizations.
July 18, 2019FMCSA Panel Takes Steps to Revise Obsolete Medical Examiners Handbook
ARLINGTON, Va. — The Federal Motor Carrier Safety Administration’s update to its Medical Examiners Handbook is a step closer to completion. The handbook serves as a guideline for physicians who use it to assess truck driver health.
July 18, 2019House Passes Bill For $15 an Hour Minimum Wage
The U.S. House approved legislation that would more than double the federal minimum wage to $15 an hour, fulfilling a campaign promise of Democrats who control the chamber and intend to capitalize on the pro-worker issue again in 2020.
July 18, 2019