Business, Logistics

Echo Global Logistics Income, Revenue Jump

Echo Global Logistics reported record second-quarter net income of $7.7 million from a loss of $200,000 in the second quarter of 2017. The Chicago-based third-party logistics company reported earnings per share of 28 cents, up from a loss of minus 1 cent a share a year ago.

July 27, 2018
Business

Dana Improves Second-Quarter Net Income, Sales

Dana Inc. reported higher second-quarter revenue and net income as it underscored its growth opportunities as an e-propulsion design, engineering and manufacturing systems supplier.

July 25, 2018
Government, Business, Fuel

Diesel Falls 1.9¢ to $3.220 as Mideast Jitters, Strong Dollar Seesaw Price of Oil

The U.S. average retail price of diesel fell 1.9 cents to $3.220 a gallon while crude prices slipped, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.

July 23, 2018
Business, Fuel, Logistics, Top 100

Heartland Profits Jump 22% in 2Q as Revenue Rises

Heartland Express reported second-quarter net income of $17.8 million, or 22 cents per share, a 22% increase from $14.6 million, or 18 cents, recorded in the second quarter of 2017.

July 19, 2018
Business, Logistics

Canadian Pacific Reports Second-Quarter Revenue Growth of 7%

Canadian Pacific Railway Ltd. announced second-quarter revenues of C$1.75 billion, an increase of 7% from $1.64 billion when compared with the same period of 2017.

July 18, 2018
Business, Safety

Two Days on the Road With a C.R. England Executive

Brandon Harrison, C.R. England's chief sales officer, recently completed his second trip as part of the company's CDL training program. Follow his journey with the digital diary he provided Transport Topics.

July 18, 2018
Business

CSX Profit Jumps to $877 Million

CSX Corp. reported second-quarter net earnings of $877 million, or $1.01 a share, a rise of 72% from net earnings of $501 million, or 55 cents a share, in the same period a year ago.

July 17, 2018
Business, Fuel

Diesel Flat at $3.239 Per Gallon

The U.S. average retail price of diesel fuel was virtually flat last week, falling 0.4 cent to $3.239 a gallon, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.

July 16, 2018
Business

Wagers Named Interim Chief at XPO's LTL Group

XPO Logistics has named Kenny Wagers as the interim president of its less-than-truckload business, replacing Tony Brooks, who has left the company.

July 16, 2018
Business

Several Carriers Fine-Tune Compensation in Face of Driver Shortage

The second quarter brought a number of increases in driver compensation as the driver shortage continued to impact carriers’ ability to transport loads.

July 16, 2018