Saia Opens Terminals in Pennsylvania and New Jersey
Saia Inc. opened four new terminals in Pennsylvania and New Jersey on May 1, entering the Northeast to battle regional and national less-than-truckload carriers for market share.
May 2, 2017Oil Falls as US Crude Supply Glut Seen Shifting to Fuel Tanks
Oil fell to the lowest in more than a month as the U.S. crude glut is seen moving to brimming fuel tanks.
May 2, 2017Roadrunner Receives $540 Million, Names New Leadership
Roadrunner Transportation Systems Inc. said it has received a $540 million cash infusion from a private equity group that owns 8.6% of the shares in an announcement that also included a change in the senior leadership of the recently troubled trucking company.
May 2, 2017Profits Decline at Expeditors Even as Revenue Increases
First-quarter expenses rose faster than revenue for Expeditors International of Washington, so the freight forwarder remained profitable but at a lower level than a year ago.
May 2, 2017Allison Rides Service Parts Growth to Higher First-Quarter Results
Allison Transmission Holdings Inc. reported first-quarter net income and revenue surged on growth in its North American parts business, the company said.
May 2, 2017Dana Posts Gains in First Quarter
Dana Inc. reported its net income for the quarter ended March 31 rose to $80 million, or 51 cents per share, from $48 million, or 30 cents.
May 2, 2017Distracted Driving, Industry Regulations Top ATRI’s Research Priorities
Efforts that would minimize distracted driving and evaluate the impact of regulations on the trucking industry are high on the list of research priorities this year for the American Transportation Research Institute, the group announced May 2.
May 2, 2017Cummins First-Quarter Earnings, Revenue Increase Despite Weak North American Truck Market
Global manufacturer Cummins Inc. posted first-quarter increases in profits and sales that were driven by demand from construction and mining customers rather than North American truck engines.
May 2, 2017Daseke Adds Schilli, Big Freight to its Portfolio of Trucking Companies
Flatbed carrier Daseke Inc. said May 1 that it has added two more companies to its portfolio of trucking companies: the Schilli Cos. and Big Freight Systems.
May 2, 2017UPS to Operate First-Ever Hydrogen Electric Class 6 Trucks
UPS Inc. announced it will deploy an extended-range hydrogen fuel cell electric Class 6 delivery truck operating in Sacramento, Calif., by the third quarter, saying it will be the first medium-duty truck of its kind.
May 2, 2017