Federal Officials Tell Freight Committee About Policy Plans
In a reversal of roles, private citizens went to Capitol Hill to hear testimony from senators, representatives, executive branch officials and staff aides on freight transportation policy.
July 16, 2014Volvo Trucks, Telogis Offer Built-In Fleet-Management Services
Volvo Trucks and Telogis are offering integrated fleet-management services that utilize factory-installed telematics hardware, the companies announced.
July 16, 2014Idle Free Systems Acquired by Truck Heating, Cooling Equipment Firm
Idle Free Systems has been acquired by Phillips & Temro Industries, a Minnesota-based supplier of heating and cooling equipment for heavy-duty trucks. Terms were not disclosed.
July 16, 2014Industrial Production Increased 0.2% in June, Fed Says
Wholesale prices in the U.S. rose in June, reflecting a jump in energy costs that is now abating.
July 16, 2014Marten Net Income Climbs 3.4%
Marten Transport Ltd. said second-quarter net income improved 3.4% to $7.93 million, or 24 cents per share, reflecting strong results in June.
July 16, 2014Wholesale Prices Increase on Fuel
Wholesale prices in the U.S. rose in June, reflecting a jump in energy costs that is now abating.
July 16, 2014House Passes Legislation to Boost Highway Trust Fund
Despite opposition from leading Democrats and conservative Republicans, the GOP-led House on July 15 passed legislation that would shore up a federal highway account through May by a vote of 367-55.
July 15, 2014CSX Net Income Rises 1.5%
CSX Corp. reported second-quarter net income rose 1.5% to $529 million, or 53 cents per share, helped by revenue increases in the intermodal, chemicals and agricultural products freight.
July 15, 2014Pilot Flying J to Pay $92 Million Penalty for Rebate Fraud
Pilot Flying J has agreed to pay a $92 million penalty to resolve the company’s criminal liability for withholding fuel rebates from customers.
July 15, 2014J.B. Hunt's Income Rises in Second Quarter
J.B. Hunt Transport Services’ net income increased in the second quarter to $93.4 million, or 79 cents per share, from $87.7 million, or 73 cents per share.
July 15, 2014