Universal Truckload Services Inc.’s third-quarter earnings slipped to $13.1 million, or 44 cents per share, from $13.7 million, or 46 cents, a year ago.
October 24, 2014Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Universal Truckload’s Earnings Decline in 3Q
Hub Group’s 3Q Income Declines on Charges
Hub Group Inc. said its third-quarter income declined due to driver-settlement and software-development charges.
Union Pacific’s Income Rises to $1.37 Billion
Union Pacific Corp.’s third-quarter net income rose to $1.37 billion, or $1.53 per share, from $1.15 billion, or $1.24, during the same time last year.
October 23, 2014Norfolk Southern’s 3Q Income Rises
Norfolk Southern Corp. said its third-quarter profit increased 16% and revenue rose 7%.
October 22, 2014Guardrail Maker Defrauded US of $175 Million and Created Hazard, Jury Says
Secret changes by Trinity Industries Inc. to its guardrail systems were found by a jury to have cheated the U.S. government, exposing the company to $1 billion in liability and sending shares plummeting as states question the safety of the product.
October 21, 2014Kansas City Southern’s Third-Quarter Income Rises
Kansas City Southern’s third-quarter net income rose to $138 million, or $1.25 a share, from $119 million, or $1.07, a year ago.
October 21, 2014Antares Introduces New Flatbed Trailer
Specialty trailer manufacturer Antares Equipment recently introduced a new 48-foot flatbed trailer with a fixed wide-spread air suspension.
Canadian Pacific Confirms End of Merger Talks With CSX
Canadian Pacific Railway Ltd. said talks about a possible merger with CSX Corp. have ended and no further conversations are planned.
October 20, 2014CP Seeks Rail Merger with CSX, Reports Say
Canadian Pacific Railway Ltd. reportedly is pursuing CSX Corp. at a time when the U.S. regulators who would have to approve such a move are showing increasing frustration with today’s delay-plagued rail environment.
October 20, 2014Consumer Sentiment Reaches 7-Year High
Consumer confidence in the U.S. unexpectedly rose in October to the highest level in seven years, showing a brightening in Americans’ moods as gas prices drop and the labor market gains traction.
October 17, 2014