Business

J.B. Hunt’s 1Q Income Drops 6%

J.B. Hunt Transport Services’ net income slipped 6% in the first quarter to $68.7 million, or 58 cents per share, from $73.3 million, or 61 cents per share, due to winter weather that raised costs and reduced revenue growth.

Rip Watson | Special to Transport Topics
April 14, 2014
Business

Knight Says 1Q Earnings Higher Than Forecast

Knight Transportation Inc. said in a preliminary first-quarter earnings statement that its profit for the period exceeded an earlier forecast, reaching 22 to 23 cents per share, as demand and rates improved.

Rip Watson | Special to Transport Topics
April 14, 2014
Business

New Carrier Qualification Bill to be Introduced, TIA Says

TUCSON, Ariz — New legislation aimed at simplifying the carrier qualification process and reducing exposure in crash liability suits by creating a national hiring standard will be introduced in Congress later this month, according to Transportation Intermediaries Association President Robert Voltmann.

Rip Watson | Special to Transport Topics
April 11, 2014
Business

Louisville Teamsters Reject Side Deal to UPS Pact

Teamsters at UPS Inc.’s Louisville air hub rejected a side agreement proposal by a wide margin as roadblocks still remain to full implementation of the nation’s largest transport labor contract.

Rip Watson | Special to Transport Topics
April 11, 2014
Business

Cass Freight Index Improves in March

The March Cass Freight Index rose 0.4% over the same month last year and improved 6.6% above February’s level, reflecting an improving market for motor carriers and other transport providers.

Rip Watson | Special to Transport Topics
April 9, 2014
Business

Drivers Win $2.2 Million in Calif. Contractor Status Case

A California state agency has ruled that seven drivers for Pacer International Inc. who challenged their status as independent contractors can collect $2.21 million.

Rip Watson | Special to Transport Topics
April 7, 2014
Government

FMCSA Confident Medical Examiner Corps Will Be Adequate

LOUISVILLE, Ky. — The Federal Motor Carrier Safety Administration remains confident that there will be an adequate number of certified medical examiners as of May 21, when U.S. government certification supplants individual state approaches to truck drivers’ physical exams, an agency official said.

Rip Watson | Special to Transport Topics
March 31, 2014
Special Coverage, Government

FMCSA Confident Medical Examiner Corps Will Be Adequate

LOUISVILLE, Ky. — The Federal Motor Carrier Safety Administration remains confident that there will be an adequate number of certified medical examiners as of May 21, when the U.S. government certification supplants individual state approaches to truck drivers’ physical exams, an agency official said.

Rip Watson | Special to Transport Topics
March 28, 2014
Special Coverage, Business, Equipment

Michelin Introduces Trailer Tire, Marks 2 Millionth Sale

Michelin Americas Truck Tires introduced the X One Energy T for trailers, and the company marked its 2 millionth sale of its X One wide-base single tire.

Rip Watson | Special to Transport Topics
March 28, 2014
Special Coverage, Business, Equipment

Ivan Vasovic Wins Goodyear Highway Hero Award

LOUISVILLE, Ky. — Ivan Vasovic, a truck driver for Hub Group Inc., received the Goodyear Highway Hero award at the Mid-America Trucking Show.

Rip Watson | Special to Transport Topics
March 27, 2014