Mullen Group Takes Hit From Downturn in Oil Field Services
Mullen Group reported higher revenue and profits in the fourth quarter of 2018 despite a “market meltdown” caused by falling oil prices that curtailed demand for transportation services as the year ended.
February 7, 2019Port Authority in Pittsburgh Seeks $3 Million From Norfolk Southern for Derailment Costs
The Port Authority of Allegheny County in Pennsylvania is asking Norfolk Southern Corp. for $3 million to reimburse costs incurred during the August derailment at Station Square that disrupted light rail traffic for nearly three weeks.
February 7, 2019Werner Enterprises Posts Record Results
Werner Enterprises produced record revenue and higher profits in the fourth quarter of 2018 as a strong economy fueled demand for both its trucking and logistics services.
February 7, 2019Gas-Tax Hike Needed for Roads, Maintenance, Ohio Transportation Panel Says
After two meetings, a committee formed by Gov. Mike DeWine to study options for fixing a shortfall in money for road construction and maintenance has come to a consensus that the state gasoline tax needs to increase.
February 7, 2019Editorial: Make Infrastructure Great Again
We were surprised that President Donald Trump did not focus more on infrastructure during last week’s State of the Union address, particularly since he chose to include some pointed language to describe the North American Free Trade Agreement.
February 7, 2019Echo Global Logistics Posts Record Revenue, Higher Profits in 4Q
Echo Global Logistics posted record revenue and higher profits in the fourth quarter of 2018 as strong freight demand boosted demand for freight brokerage services and more shippers outsourced freight management activities.
February 6, 2019January Class 8 Orders Slow After Record Demand in 2018
Class 8 orders for January fell to 15,800 as backlogs already stretch out through the end of the year, according to ACT Research Co.
February 6, 2019YRC Worldwide Reports 4Q Profit, Bounces Back From 2017
YRC Worldwide posted fourth-quarter 2018 net income of $21.8 million or 66 cents a share, a significant improvement compared with the year-ago period, when it lost $7.5 million and had a loss per share of 23 cents.
February 6, 2019Study Shines a Light on the Dangers of Speeding
A new study highlighting the perils of speeding on the nation’s highways urges action by policymakers and transportation stakeholders.
February 6, 2019Goodyear Digital System Shows 15% of Truck Tires Need Service
GRAPEVINE, Texas — Goodyear Tire and Rubber Co. said during a customer event here that internal data has found that 15% to 18% of truck tires are either underinflated or have other safety-related issues.
February 6, 2019