Business

The trucking industry is predicting solid growth in the coming years, but it faces hurdles caused by increased regulation and an ongoing shortage of truckers.

Commercial vehicle supplier Wabco Holdings Inc. reported second-quarter and six-months net income and revenue jumped, and posted record quarterly earnings per share.

ACT Research President Kenny Vieth and ATA Chief Economist Bob Costello discuss takeaways from the July 20, 2017, ATA Economic Summit with TT's Ari Ashe. The summit brought together economists from various industries.

Marten Transport announced that profits rose 7.2% in the second quarter, easily beating the forecast from industry analysts and shifting the momentum after J.B. Hunt Transport Services’ disappointing results on July 17.

Canadian Pacific Railway Ltd. is ready to buy its own grain cars, sidelining 6,000 government-provided ones from the 1970s that are no longer up to the job.

The consumer goods and housing sectors of the U.S. economy are on stable footing and should continue to expand moderately through at least 2018, as long as the nation can avoid self-manufactured traps, according to panelists at a trucking industry seminar on the economy.

U.S. Bank said it has issued a new freight index that measures both shipping costs and shipping volumes.

The U.S. average diesel price rose 1 cent to $2.491, the Department of Energy said July 17.

California’s drought of 2011 through 2015 didn’t just dry up the state’s harvests of crops such as almonds, grapes and oranges — it also dried up business for motor carriers.

WASHINGTON — Congested and deteriorating roadways and inland ports as well as insufficient access to wireless communication in rural communities continues to impede commerce for freight and agricultural industries in farming areas, representatives from rural firms told lawmakers July 19.