Swift Lowers 4Q Profit Expectations
Swift Transportation Co. said it will earn a profit of 33 cents to 36 cents per share in the fourth quarter, lower than its estimate of 40 cents.
December 20, 2013Bendix Gets 2-Year Regulatory Renewal for LDW System
Bendix Commercial Vehicle Systems has received renewal of a two-year regulatory exemption for its lane-departure warning system from the Federal Motor Carrier Safety Administration.
December 20, 2013Omnitracs Completes Roadnet Acquisition
Truck technology supplier Omnitracs said it has completed its acquisition of fleet software provider Roadnet Technologies Inc. Terms were not disclosed.
December 19, 2013Rail Intermodal Shipments Hit Record
U.S. rail intermodal traffic set a record last week of 12.4 million shipments in a year, surpassing the previous mark of 12.28 million set in 2006.
December 19, 2013Saddle Creek Names Otto CEO
Saddle Creek Logistics Services said it has appointed company President Cliff Otto to be its CEO.
December 19, 2013Leading Indicator Index Rises in November
An index of leading economic indicators increased 0.8% in November after a 0.1% rise in October, the New York-based Conference Board said Dec. 19.
December 19, 2013Existing Homes Sales Decline for Third Month
Existing home sales declined 4.3% for the third consecutive month in November to the lowest level of the year, the National Association of Realtors said Dec. 19.
December 19, 2013Researchers Outline Plans for Federal Truck Size and Weight Study
The federal government’s truck size-and-weight study began taking shape last week as researchers outlined how they plan to assess whether larger trucks affect highway safety, pavement wear and modal shifts.
December 19, 2013Jobless Claims Rise to 9-Month High
Initial jobless benefit claims rose to their highest level since March in the week ended Dec. 14, the Labor Department reported.
December 19, 2013Transport America Plans Public Stock Sale
Truckload carrier Transport America Inc. could become the latest publicly traded fleet after a regulatory filing that targets a $75 million stock offering.
December 19, 2013