XRS Reports Third-Quarter Profit
XRS Corp. on Thursday reported a profit for its fiscal third quarter compared with a loss a year ago.
August 8, 2013Initial Jobless Claims Decline for Month to Lowest Level Since 2007
Initial jobless claims rose by 5,000 last week but fell in the past month to the lowest level since November 2007, the Labor Department reported Thursday.
August 8, 2013Cass Freight Index Declines in July
The Cass Freight Index, which measures shipment activity in trucking and other transport modes, declined 3.1% in July from a year ago.
August 8, 2013FMCSA Clarifies HOS Rule’s Shorthaul Exemption
Truck drivers do not have to take a 30-minute break under federal hours-of-service rules if they meet either of the definitions of a “shorthaul” driver, the Federal Motor Carrier Safety Administration announced.
August 7, 2013Feds Send Electronic Logging Device Rule to White House for Review
Federal regulators sent a proposal to mandate electronic logging devices on all trucks to the White House for its review, the Federal Motor Carrier Safety Administration said in an update of regulatory timelines.
August 7, 2013Patriot Transportation’s 3Q Profit Improves
Patriot Transportation Holding said its fiscal third-quarter profit rose 11.8% from a year ago as its transportation revenue improved.
August 7, 2013Swift Buys Central Refrigerated
Swift Transportation Co. said it has acquired privately held carrier Central Refrigerated for $225 million.
August 7, 2013YRC’s 2Q Loss Declines; Company Completes Network Optimization Plan
YRC Worldwide said Wednesday its second-quarter net loss declined from a year ago, and the company posted adjusted earnings of $74.7 million as it completed its network optimization plan.
August 7, 2013EZE Buys Houston Heavy-Haul Trucking Company
EZE Trucking, Rialto, Calif., said it has acquired Rig Runners Inc., a Houston-based heavy-haul trucking and logistics company.
August 7, 2013C.H. Robinson’s Second-Quarter Profit Slips
C.H. Robinson Worldwide said its second-quarter net income fell slightly from a year ago, but revenue improved.
August 7, 2013