Landstar Reports Record 3Q Profit
Landstar System said its third-quarter profit climbed 25.7% to a record high, driven by “very strong” demand for trucking services.
October 23, 2014Jobless Claims at 14-Year Low Over Past Month
Fewer Americans filed applications for unemployment benefits over the past month than at any time in 14 years as an improving economy prompted employers to hold on to staff.
October 23, 2014FedEx Expects Record Holiday Season
FedEx Corp. said it expects Dec. 15 to be the busiest day in company history and shipments for the holiday season from Black Friday to Christmas Eve to reach a record level.
October 22, 2014Meek Promoted to Celadon COO
Celadon Group said it promoted Eric Meek to chief operating officer and executive vice president, effective immediately.
October 22, 2014Ryder’s Third-Quarter Income Rises to $83.7 Million
Ryder System said third-quarter earnings rose from a year ago as fleet management revenue increased.
October 22, 2014Knight’s 3Q Profit Jumps 66.7%
Knight Transportation’s third-quarter earnings jumped 66.7% from a year ago as freight demand remained strong.
October 22, 2014Long Beach Reports Highest Container Traffic Since 2007
September container traffic rose 7.3% at the Port of Long Beach, California, from the same month last year, marking the busiest September since 2007, the port’s peak year.
October 22, 2014Rush’s Third-Quarter Income Rises as Truck Sales Jump
Truck-dealer chain Rush Enterprises Inc.’s net income increased in the third quarter, and Class 8 sales increased 68%.
October 22, 2014FMCSA Extends Hours-of-Service Exemptions During Fuel Shortages
The Federal Motor Carrier Safety Administration on Oct. 22 issued a final rule allowing states to extend hours-of- service exemptions up to 90 days in times of acute fuel shortages.
October 22, 2014Covenant’s 3Q Profit Declines Due to Cargo Claim
Covenant Transportation Group said its third-quarter earnings declined from a year ago due to a cargo claim judgment.
October 22, 2014