P.A.M. Swings to First-Quarter Profit
P.A.M. Transportation Services reported first-quarter net income of $1.36 million, or 17 cents per share, turning around a loss of $450,000, or 5 cents, in the prior year.
April 23, 2014Heartland Express’ 1Q Net Income Falls 29%
Heartland Express’ first-quarter income fell 29% to $14.1 million, or 16 cents per share, as winter weather-related cost increases drove down profits.
April 23, 2014Norfolk Southern’s First Quarter Profit Declines
Norfolk Southern Corp. said its first-quarter profit declined and operating revenue dropped 2%.
April 23, 2014Knight Transportation’s 1Q Earnings Jump 26%
Knight Transportation’s first-quarter earnings rose 26% to $19.1 million, or 23 cents per share, powered by stronger rates.
April 23, 2014Ryder’s 1Q Earnings Increase
Ryder System said its first-quarter earnings rose from a year ago, led by its fleet management solutions unit, and reported record first-quarter operating revenue.
April 23, 2014Canadian Railroads’ 1Q Earnings Rise
Canada’s two major freight railroads reported higher first-quarter earnings from a year ago despite harsh winter conditions.
April 23, 2014New-Home Sales Plunge to Eight-Month Low
Sales of new homes plunged 14.5% in March to a 384,000 annualized pace, the lowest level in eight months, the Commerce Department reported April 23.
April 23, 2014Former DOT Chiefs Peters, Mineta to Unveil P3 Study Next Week
Former transportation secretaries Mary Peters and Norman Mineta will headline the release of the Eno Center for Transportation’s study examining the role of public-private partnerships to pay for infrastructure projects.
April 23, 2014March Truck Tonnage Index Rises 3.1%
Truck tonnage rose again in March, climbing 3.1% over the same month of 2013, despite residual weather troubles, American Trucking Associations said.
April 22, 2014April 28 Deadline Approaching for TIGER Grant Applications
States and municipalities seeking federal aid this year to revamp critical infrastructure projects have until April 28 to apply for a popular grant program managed by the U.S. Department of Transportation.
April 22, 2014