April 22 Earnings Roundup: Werner, Knight, Forward Air, Ryder, Heartland Express
Werner Enterprises and Knight Transportation reported an increase in first-quarter earnings with help from higher freight rates, while Forward Air's profit fell because of acquisition-related costs.
April 22, 2015Nafta Trade Drops But Truck Freight Rises
U.S. trade with Canada and Mexico declined in February to the lowest level for the month since 2011 but freight carried by trucks increased, the Bureau of Transportation Statistics reported April 22.
April 22, 2015Sales of Existing Homes Rise to Highest Level Since 2013
Sales of previously owned homes climbed in March to the highest level since September 2013 as job growth and cheap borrowing costs helped sustain the progress in residential real estate.
April 22, 2015Surge in Imports Proves the US Economy's Global Dominance Right Now
Container ships steamed into West Coast ports last month after the end of a labor dispute.
April 22, 2015Lawmakers, Freight Advocates Call on Congress to Create Dedicated Funding in Transportation Bill
Two U.S. representatives, a freight trade group and port authority and local officials from around the country have called on Congress to pass a transportation reauthorization bill that contains funding dedicated to rebuilding and upgrading freight infrastructure.
April 21, 2015UPS Takes Part In Drone Delivery Research
UPS Inc. said it is looking into using drone technology to deliver humanitarian aid to difficult-to-reach areas during a disaster scenario.
April 21, 2015Federal Regulators Seek Additional Volunteers for Restart Study
Federal regulators are seeking additional volunteer truck drivers for a 34-hour restart study due to a shortage of drivers from various industry segments.
April 21, 2015Sen. Richard Shelby: Encourage Private Sector Investment in Transportation
WASHINGTON — The role played by private investors and firms in transportation should be expanded to ensure there is adequate funding for transit and infrastructure projects around the country, Sen. Richard Shelby (R-Ala.) said at an April 21 hearing.
April 21, 2015Wisconsin to Begin Posting I-41 Signs
The Wisconsin Department of Transportation will begin posting more than 3,000 signs in May to mark the conversion of a 175-mile stretch of U.S. 41 to interstate highway status.
April 21, 2015ATA Reports 5% Increase in Truck Tonnage
Truck tonnage rose 5% last month, providing an indication of continued economic expansion, American Trucking Associations reported.
April 21, 2015