USA Truck Continues Turnaround With Improved Results in 3Q
USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.
October 25, 2018LTL Carrier Old Dominion 3Q Financials Beat Analysts’ Expectations
Citing the strong U.S. economy and available capacity, Old Dominion Freight Line Inc. produced record results for revenue and profitability during the third quarter, CEO Greg Gantt said Oct. 25.
October 25, 2018Trade Gap Widens in September; Business Equipment Orders Down Again
The U.S. merchandise-trade deficit widened to a record in September while orders for business equipment declined for a second month, adding to signs that an escalating tariff war is starting to constrain economic growth.
October 25, 2018New Jersey’s Sen. Robert Menendez, Bob Hugin Disagree on Infrastructure Funding
This November, if New Jersey voters elect Republican political novice Bob Hugin to the U.S. Senate, President Donald Trump’s chances of advancing an infrastructure funding agenda through Congress next year could improve.
October 25, 2018Truck Tonnage Dips, but Freight Outlook Remains Strong
A year-long surge in freight volume continues despite a modest dip in a widely followed truck tonnage index over the past two months.
October 25, 2018UPS, Seattle to Launch eBike Downtown Delivery Program
UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.
October 25, 2018Cargo Visibility Can Improve Your Operations
For decades, the focus of the transportation logistics industry has been the tractor. Recent innovations have enabled telematic solutions to collect data on trailers and containers in near real-time to improve operations. With this information it is possible to focus not just on the tractor or truck, but the potentially million dollars-worth of cargo that is being transported.
October 25, 2018Hair Testing Provisions Enacted as Part of Opioid Measure
President Donald Trump on Oct. 24 signed into law legislation aimed at tackling opioid abuse.
October 25, 2018Groendyke Transport Announces Largest Acquisition in Company History
Groendyke Transport Inc. has agreed to purchase the tank truck assets of McKenzie Tank Lines, a bulk carrier based in Tallahassee, Fla., for an undisclosed amount.
October 25, 2018Top For-Hire Carriers Contribute to Freight Congressional Leaders in Midterms
UPS Inc. and FedEx Corp., the top two for-hire carriers in North America, have contributed to the re-election efforts of freight transportation leaders from both parties in Congress, according to a review of public records.
October 25, 2018