USA Truck Earnings Worsen Due to Restructuring, Weak Market
USA Truck Inc. reported a restructuring-related loss of $1.8 million, or 19 cents, as trucking and logistics performance was affected by the tough freight market.
May 5, 2016Shippers Feeling Railroaded With Prices Up Even as Freight Falls
All major North American railroads pushed through rate increases earlier this year even as freight fell the most since 2009.
May 5, 2016Amazon Leases 20 More Jets for Growing Air Cargo Fleet
Amazon will lease 20 cargo planes from Atlas Air Worldwide Holdings, a deal that doubles the size of the tech and retail giant’s emerging air force.
May 5, 2016Soaring Gasoline Demand Isn't Enough to Stop Supply Glut
The biggest increase in U.S. gasoline demand in almost 40 years hasn’t been enough to keep storage tanks from filling up.
May 5, 2016Aljex Adds Auto-Post Feature for Carriers
Aljex Software said it has updated its system to enable dispatchers and asset managers to post available or soon-to-be available equipment to load boards with one mouse click.
May 5, 2016Jobless Claims Increase to Highest Level in Five Weeks
Applications for unemployment benefits increased to a five-week high, a sign that progress in the strongest part of the U.S. economy may be moderating.
May 5, 2016FMCSA Seeks Public Input on Vision Waiver Requests
Federal trucking regulators on May 2 announced they are seeking public input on the applications of 21 drivers with vision impairments who are requesting waivers to drive commercial trucks.
May 4, 2016Roadrunner Net Income Plunges 77%
Roadrunner Transportation Systems Inc.’s first-quarter net income plunged 77% to $3.1 million, or 8 cents per share, as profits were undercut by the weak freight market.
May 4, 2016Vertical Integration Among OEMs Could Limit Emissions Technologies, Experts Say
LONG BEACH, Calif. — Industry executives suggested vertical integration among truck makers will extend into emissions- and fuel-saving technologies in the future and ultimately limit the number of innovations.
May 4, 2016Texas Man, Fired From Knight Transportation, Kills Co-worker, Takes Own Life
A man who had been fired from a Houston-area trucking firm returned to the company and fatally shot a co-worker before taking his own life, the Harris County sheriff said.
May 4, 2016