Saia Profits Rise 17% in Third Quarter
The less-than-truckload sector began the earnings season on a high note with Saia Inc. reporting profits increased 17% in the third quarter.
October 26, 2016Sales of New Homes Remain Close to Nine-Year High
Purchases of new U.S. homes in September stayed near a nine-year high, showing residential real estate was maintaining momentum heading into the quieter selling season.
October 26, 2016Logistics Firms Sunteck Transport Group, TTS Announce Merger
Logistics service providers Sunteck Transport Group and TTS have agreed to merge, a deal that continues a consolidation trend in the industry.
October 26, 2016Consumer Confidence Retreated More Than Forecast in October
Consumer confidence declined more than forecast in October, as households became less upbeat about the economy and labor market, figures from the New York-based Conference Board showed Oct. 25.
October 26, 2016C.H. Robinson, Ryder Report Lower Earnings
Two more freight companies — C.H. Robinson Worldwide Inc. and Ryder System Inc. — have reported weaker third-quarter results, following a trend established in last week’s earnings reports.
October 25, 2016Idaho Trucker Chosen to Deliver Capitol Christmas Tree in Kenworth T680
Twin Falls, Idaho, truck driver and business owner Gary Amoth has been selected to drive the truck that will take the U.S. Capitol Christmas tree from McCall, Idaho, to Washington, D.C., in November.
October 25, 2016Wabash National Reports Higher Earnings on Lower Sales
Trailer manufacturer Wabash National Corp. reported year-over-year net income rose and revenue fell in the third quarter.
October 25, 2016Mercedes-Benz to Launch Pickup Truck in 2017
FRANKFURT, Germany — Mercedes-Benz will launch a pickup truck in late 2017, becoming the first German premium automaker to enter one of the most lucrative segments in the car industry.
October 25, 2016Google Express Expands Across Southeast, Northwest
Google announced it is extending its online shopping and delivery service across the Southeast and Northwest. With the increase, Google Express will reach 70 million more people, according to the company.
October 25, 2016Otto's Beer Delivery Hailed as First Shipment by Self-Driving Truck
Otto announced Oct. 25 that one of its heavy-duty, self-driving trucks completed a 120-mile delivery for Anheuser-Busch InBev the week of Oct. 17 in what it called the world’s first shipment by a self-driving truck.
October 25, 2016