Index of Leading Economic Indicators Rises in December
An index of leading economic indicators increased 0.1% in December after a 1% rise in November that was higher than originally reported, the New York-based Conference Board said Jan 23.
January 23, 2014J.B. Hunt Transport Earnings Rise
J.B. Hunt Transport Services Inc. reported that its fourth-quarter net income rose 9.4% to $91.9 million, or 77 cents per share, helped by stronger intermodal, brokerage and dedicated freight business.
January 23, 2014Jobless Claims Hold Near Six-Week Low
The number of Americans filing for jobless benefits held near a six-week low, the Labor Department reported Jan. 23.
January 23, 2014DTNA’s Mark Lampert to Retire
Mark Lampert, Daimler Trucks North America’s senior vice president of sales and marketing, will retire at the end of March, the company said.
January 22, 2014Teamster Workers to Vote on New YRC Contract Plan
Teamsters union members at YRC Worldwide Inc. will vote Jan. 25 and 26 on a revised contract extension proposal, which is on a fast track as the first $69 million of debt repayment looms in about three weeks.
January 22, 2014ATA Tonnage Index Rises 8.2% in Dec., Hits Another Record
American Trucking Associations said its tonnage index rose 8.2% last month, reaching another record, capping the strongest year since 1998 and reflecting increasing strength across broad economic sectors.
January 22, 2014Mack Offers Air Disc Brakes on Vocational Trucks
Mack Trucks Inc. said it is offering optional EX+ air disc brakes from Meritor Inc. on its vocational trucks.
January 22, 2014Diesel Price Declines to $3.873; Gasoline Also Falls
Diesel and gasoline both fell for a second straight week, with diesel declining 1.3 cents to $3.873 a gallon, the Department of Energy reported.
January 22, 2014Marten Reports Record Earnings in 2013
Truckload carrier Marten Transport reported 2013 was the best financial year in its history, but fourth-quarter income declined.
January 22, 2014Norfolk Southern Fourth-Quarter Profit Rises
Norfolk Southern Corp. said its fourth-quarter profit increased 24%, and income from railway operations rose 23% to $881 million.
January 22, 2014