Truckload Profits Grow in 3Q On Tight Capacity, Rate Hikes
Large truckload carriers generally reported strong third-quarter profit growth last week, driven by elevated demand for freight hauling, tight capacity and strong rate increases.
October 27, 2014Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Voters to Decide on Setting Up Bank to Repair Louisiana’s Roads, Bridges
Louisiana will vote Nov. 4 on a constitutional amendment that backers said is necessary if the state is to create an infrastructure bank to finance road projects.
October 27, 2014Heartland’s Third-Quarter Earnings Rise
Heartland Express’ third-quarter profits climbed 43% from a year ago as freight demand remained strong.
October 24, 2014Volvo’s Truck Division Posts Higher 3Q Results
Volvo AB’s truck division posted improved third-quarter financial results as North American truck deliveries increased from a year earlier.
October 24, 2014Trailer Orders Soar in September to Highest Level Since 2005
September trailer orders spiked 86.2% from a year earlier and soared to the highest level in nearly a decade, ACT Research reported.
October 24, 2014Con-way Workers Vote Down Teamsters at Two of Three SoCal Locations
Workers at two of three Con-way Freight terminals in Southern California voted against joining the Teamsters union, while a third, in Los Angeles, voted narrowly in favor of representation, the company said.
October 24, 2014Ryder to Lease 100 Nat-Gas Trucks to Montreal-Based C.A.T.
Quebec-based Canadian American Transportation Inc. signed a lease agreement with Ryder System Inc. for 100 compressed natural gas sleeper tractors in what Ryder said was its largest natural-gas deal to date in North America.
October 24, 2014New Home Sales Were Little Changed in September
Purchases of new houses in the U.S. rose in September, and revisions showed the magnitude of the unfolding recovery was more modest.
October 24, 2014Congestion Costs Escalating for Nation, New Infrastructure Report Says
Congestion on the nation’s highways will cost Americans $276 billion annually by 2020, according to a new report from the BlueGreen Alliance, a coalition of labor and environmental groups.
October 24, 2014Con-way Freight Sets 4.7% Rate Increase
Con-way Freight said it will boost rates by an average 4.7% for noncontractual business, effective Oct. 27.
October 24, 2014