P.A.M. Turns First-Quarter Profit
Truckload carrier P.A.M. Transportation Services on Wednesday reported a first-quarter profit for the first time in five years.
April 25, 2012Vitran’s 1Q Loss Widens
Vitran Corp. late Tuesday reported a larger first-quarter loss than a year ago despite a 12.1% gain in revenue.
April 25, 2012Ryder’s First-Quarter Income Rises
Ryder System on Tuesday said its first-quarter profit rose from a year ago on higher freight volumes, stronger used vehicle sales and improved rental and leasing revenue.
April 24, 2012Roadrunner Purchases Flatbed Carrier
Roadrunner Transportation Systems said it has purchased D&E Transport, an asset-light flatbed carrier, for $11.2 million.
April 20, 2012Swift Posts Higher First-Quarter Profit
Swift Transportation on Thursday said its first-quarter profit rose from a year ago on higher revenue.
April 19, 2012FedEx in Talks to Buy French Shipping Firm
FedEx Corp. said Tuesday that it is in discussions to potentially acquire Tatex, a French express transportation company.
April 17, 2012U.S. Safety Agencies Appear Stalled Again in 18-Year Drive for Rail-Crossing Rule
For 18 years, regulators have been wrestling with a congressional mandate to issue a rule prohibiting trucks from proceeding into railroad crossings unless there is adequate space on the other side to avoid getting trapped on the tracks.
April 16, 2012Entrec Acquires Singer Companies
Canadian carrier Entrec Transportation Services on Monday said it has purchased the Singer Specialized Group of Companies for C$15.3 million in stock and cash, minus the value of long-term debt.
April 9, 2012Letters: FMCSA Responds, Truck Speed Limits
Regarding the March 26 editorial, “FMCSA’s Safety Blunder”: At the U.S. Department of Transportation Federal Motor Carrier Safety Administration, our top priority is making our roads safer by reducing crashes, injuries and fatalities involving commercial trucks and buses.
April 9, 2012Strutz Named President of Quality Carriers
Quality Distribution has appointed Randall Strutz president of its subsidiary Quality Carriers Inc., the primary operating unit in the company’s chemical transportation business.
April 5, 2012