Net Loss for USA Truck Accelerates in First Quarter
The first-quarter net loss for USA Truck more than doubled and revenue fell, but the truckload carrier’s new CEO said he intends to return the troubled company to profitability by this year’s third quarter.
TL Profits Mostly Down
Truckload companies continue to struggle in the first quarter, with executives in the industry assigning blame to continued excess capacity, bad weather and a weak used-truck market.
Truckload Profits Lackluster as Quarterly Reports Begin
Marten Transport Ltd. posted a slight increase in quarterly profits, among the few major truckload carriers recently reporting results to record a gain as the earnings season gets underway.
USA Truck Names Jason Bates as New Chief Financial Officer
USA Truck Inc. appointed Jason Bates on April 19 to become the company’s next chief financial officer, plucking away Swift Transportation’s vice president of finance.
April 20, 2017Georgia’s I-75 North Truck Lanes Deemed Wasteful in New Report
A $2 billion project that would lead to the country’s first longhaul truck-only lanes through nearly 40 miles along Interstate 75 in Georgia was categorized as wasteful in a new report by the U.S. Public Interest Research Group with the Frontier Group.
April 19, 2017Truckstop.com on Verge of Launching Rate Forecasting Tool
ORLANDO, Fla. — Truckstop.com will launch within three weeks the industry’s first rate-forecasting tool, a move that underscores the advantage of posting rates on the spot market, a company executive said April 10.
Used Class 8 Truck Sales Continue to Climb
Used Class 8 truck same dealer sales volumes improved for a second consecutive month in February, according to ACT Research Co.
March 28, 2017Video: Truckstop.com Emphasizes Value of Data for Truckers
LOUISVILLE, Ky. — Truckers are able to significantly improve their profits when they have access to data and background information about the work they take on, a senior official with Truckstop.com said March 24.
Trucker Buddy Honors Drivers, Teachers
LOUISVILLE, Ky. — Trucker Buddy International recognized four outstanding drivers and four outstanding teachers for their work in fostering relationships between schoolchildren and truck drivers.
TruckX Introduces Driver App and ELD
LOUISVILLE, Ky. — Startup firm TruckX announced plans to introduce a driver mobile app and electronic logging device.