USA Truck’s 1Q Loss Narrows
USA Truck Inc.’s first-quarter loss narrowed to $1.6 million, or 15 cents per share, from $2.5 million, or 24 cents, as harsh winter weather increased operating expenses.
April 30, 2014Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
Chicago-Area Manufacturing Grows at Fastest Pace Since October
Business activity in the Chicago area expanded in April at the fastest pace since October, a sign manufacturing will keep supporting the world’s largest economy.
April 30, 2014Obama Wants Tolling Ban Eliminated For Existing Interstate Highways
President Obama has proposed lifting the ban on tolling existing interstate highways.
April 30, 2014Covenant Transportation’s 1Q Loss Narrows
Covenant Transportation Group narrowed its first-quarter to loss to $1.4 million, or 9 cents per share, from $2 million, or 13 cents, a year ago.
April 30, 2014Wex’s First-Quarter Profit Rises
Fleet payment-processing company Wex Inc. said its first-quarter profit increased on growth in the domestic fleet market.
April 30, 2014Interstate 10 at Alabama-Florida Border Shut Down After Heavy Rain
Interstate 10 was closed for several hours at the Alabama-Florida state line after the Florida Panhandle and Alabama Gulf Coast were hit with widespread flooding early Wednesday, the Associated Press reported.
April 30, 2014Volkswagen Extends Scania Offer Deadline After Failing to Win 90%
Volkswagen AG extended the offer period for its $9.2 billion bid to buy out Swedish truck maker Scania AB after failing to reach the necessary 90% threshold of approvals.
April 30, 2014C.H. Robinson’s Net Income Dips 9.8%
C.H. Robinson Worldwide Inc., based in Eden Prairie, Minnesota, said net income in the first quarter fell 9.8% to $93.2 million, or 63 cents per share, from $103.3 million, or 64 cents per share, as profit margins came under pressure.
April 30, 2014Kraft to Phase Out Truck Fleet
Kraft Foods Group will phase out its fleet of 200 tractors and 700 trailers by the end of 2014, a company spokeswoman said.
April 29, 2014Foxx Sends Four-Year Transportation Bill to Congress
Transportation Secretary Anthony Foxx sent Congress a four-year transportation bill that relies on business tax reforms as a way to boost funds for a federal highway account that is quickly running out of money.
April 29, 2014