First-Quarter GDP Rose 2.2%
The U.S. economy rose at a 2.2% annual rate in the first quarter, the Commerce Department said Friday.
April 27, 2012ATA Calls for EOBRs in Highway Bill
American Trucking Associations urged members of the upcoming House-Senate highway-bill conference to include a mandate for electronic onboard recorders, in order to help drivers and carriers meet federal hours-of-service mandates.
April 26, 2012Covenant’s First-Quarter Loss Narrows
Covenant Transportation Group reported a first-quarter loss of $640,000, or 4 cents per share, compared with a loss of $2.5 million, or 17 cents, a year earlier.
April 25, 2012Knight Transportation’s 1Q Income Rises
Knight Transportation said its first-quarter profit improved from a year ago on higher revenue.
April 25, 2012P.A.M. Turns First-Quarter Profit
Truckload carrier P.A.M. Transportation Services on Wednesday reported a first-quarter profit for the first time in five years.
April 25, 2012Fed Holds Rate at Record Low, Sees ‘Moderate’ Economic Growth
The Federal Reserve said Wednesday it “expects economic growth to remain moderate over coming quarters and then to pick up gradually.”
April 25, 2012Vitran’s 1Q Loss Widens
Vitran Corp. late Tuesday reported a larger first-quarter loss than a year ago despite a 12.1% gain in revenue.
April 25, 2012Consumer Confidence Declines
Consumer confidence decreased this month, the New York-based Conference Board said Tuesday.
April 24, 2012Senate Names Transportation Conferees
The Senate has named 14 of its members to serve on the conference committee tasked with ironing out House-Senate differences on a long-term transportation funding bill.
April 24, 2012Roadrunner Purchases Flatbed Carrier
Roadrunner Transportation Systems said it has purchased D&E Transport, an asset-light flatbed carrier, for $11.2 million.
April 20, 2012