Marten’s 2Q Profit Improves
Marten Transport’s second-quarter profit rose on higher truckload and logistics revenue, the truckload carrier said.
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Peterbilt Begins Building Model 579
Peterbilt Motors Co. on July 10 announced it is now producing its new Model 579 truck, launched at the Mid-America Trucking Show in March.
July 18, 2012Trucking, Business Groups Form Coalition to Oppose Toll Hikes on N.Y. Thruway
Twenty-two business groups have formed a coalition to oppose the 45% toll increase for trucks proposed by the New York State Thruway Authority.
July 17, 2012Retail Groups Urge Ports, Labor to Reach Agreement
The National Retail Federation called on both sides involved in labor talks at ports on the East Coast and Gulf Coast to reach an agreement without a work stoppage, which would force diversions and delays of cargo.
July 17, 2012Senate Nixes Bonus Depreciation Bill
The Senate has rejected a bill that would have brought back the bonus depreciation tax deduction for capital spending, a proposal backed by American Trucking Associations.
July 17, 2012Diesel Rises 1.2¢ to $3.695; Gasoline Gains for Second Week
Diesel rose for the second week in a row, rising 1.2 cents to $3.695 a gallon while gasoline also increased, the Department of Energy said.
July 17, 2012J.B. Hunt’s 2Q Income Improves
J.B. Hunt Transport Services said its second-quarter net income rose from a year ago as operating income at three of its four business segments each rose more than 20%.
July 17, 2012Kansas City Southern’s 2Q Profit Improves
Kansas City Southern’s second-quarter earnings rose to $120 million, or $1.09 a share, from $71 million, or 64 cents, a year ago.
July 17, 2012Industrial Production Rises in June
Industrial production increased 0.4% in June, the Federal Reserve said Tuesday.
July 17, 2012Consumer Price Index Unchanged in June
The consumer price index was unchanged in June following a 0.3% drop in May, the biggest decline since December 2008, the Labor Department said Tuesday.
July 17, 2012