Jonathan S. Reiskin

Business, Equipment

2Q Earnings Gains at Volvo Driven by Construction Equipment, Not Trucks

volvo truck grille Justin Ide/Bloomberg News

Sales of construction equipment in China and Europe and to the global mining industry increased second-quarter sales and net income for Volvo AB, while the diversified manufacturer’s truck division, its largest, treaded water.

Jonathan S. Reiskin | Associate News Editor
July 19, 2017
Business

ATA’s Tonnage Index Rises 1.3% for June

Trucks on Interstate 71 Truck traffic on Interstate 71 in LaGrange, Ky. (John Sommers II for Transport Topics)

U.S. truck tonnage rose by 1.3% in June, compared with the same month in 2016, American Trucking Associations said July 18, and industry stakeholders expect steady, sustainable growth to last into 2018.

Jonathan S. Reiskin | Associate News Editor
July 18, 2017
Business

Celadon Chairman, CEO Paul Will Steps Down

Paul Will Steps Down as Celadon Chairman, CEO Will by John Sommers II for Transport Topics

Paul Will, a 24-year executive with truckload carrier Celadon Group Inc., will be replaced as chairman and CEO on July 24.

Jonathan S. Reiskin | Associate News Editor
July 13, 2017
Business

S.C. Ports Set Record for Annual TEUs Handled

S.C. Ports Set Record for Handling TEUs South Carolina Ports Authority

South Carolina ports topped an 11-year-old record for the 12 months ended June 30 by handling 2.14 million 20-foot-equivalent units of containerized freight.

Jonathan S. Reiskin | Associate News Editor
July 12, 2017
Business

Port of Virginia Sets TEU Records for June, Fiscal Year

Port of Virginia Set TEU Records for June and a Fiscal Year Virginia Port Authority

The Port of Virginia set records for handling containerized freight, both for June and during a fiscal year.

Jonathan S. Reiskin | Associate News Editor
July 12, 2017
Business, Technology, Equipment

Tractors With 6×2 Powertrains Save Fuel, but Fleets Still Reluctant to Adopt

6x2 powertrain North American Council for Freight Efficiency

Highway tractors with 6×2 power configurations have been heralded as an important technology for improving fuel mileage, but fleet owners have been hesitant in selecting the systems because they have a tendency to run through tires more quickly and because diesel is less costly than it was earlier this decade.

Jonathan S. Reiskin | Associate News Editor
July 11, 2017
Business

Expanded Panama Canal: Huge Ships, Port Projects but Experts Unsure of Its Impact a Year In

Panama Canal Authority

One year into operations of the expanded Panama Canal, the freight transportation world has witnessed leviathan containerships, gargantuan land-based cranes and dredging projects along the U.S. East and Gulf Coasts, but intermodal shipping professionals say it’s too early to quantify the precise impact of the massive infrastructure project.

Jonathan S. Reiskin | Associate News Editor
July 6, 2017
Business

Two Major Deals Mark Consolidation Trend; Heartland Buys IDC, Daseke Gets Steelman Cos.

Heartland Express truck John Sommers II for Transport Topics (Interstate inset by Casey Royce/Interstate Driver)

Two major truckload carriers have announced purchases, and one of the transactions will unite companies ranked among the Transport Topics Top 100 list of the largest North American for-hire carriers: Heartland Express and Interstate Distributor Co.

Jonathan S. Reiskin | Associate News Editor
Ari Ashe | Staff Reporter
July 6, 2017
Business, Technology, Equipment, Logistics

Amazon to Become Major Produce Shipper With Purchase of Whole Foods

John Sommers II for TT

With its pending purchase of the Whole Foods grocery chain, Amazon.com will become a major shipper for fresh produce, a transport market that has always been difficult and is now getting even more challenging.

Jonathan S. Reiskin | Associate News Editor
June 28, 2017
Business

Trucking Stocks Rebounding at Mid-Year Despite Economic, Political Uncertainty

The share prices of trucking companies have been on the upswing since mid-May, recouping some of the gains from the bustling start of the year that were lost during a weak spring. While carriers generally are trading higher than a year ago, investors are once again waiting for clarity on the state of the U.S. economy before they send stocks soaring — or plummeting.

Jonathan S. Reiskin | Associate News Editor
June 26, 2017

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