J.B. Hunt 3Q Earnings Rise 12%; CSX Profit Dips
J.B. Hunt Transport Services Inc. raised third-quarter net income 12% to $115.1 million, or 99 cents per share, as profit margins improved in all operating units.
October 14, 2015Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
EPA Honors Freight Companies With SmartWay Awards
The U.S. Environmental Protection Agency on Oct. 13 recognized 11 companies in the freight industry, including Con-way Inc.’s Menlo Logistics, for their environmental efforts.
October 13, 2015Broken Rail Caused CSX Derailment in West Virginia, Officials Say
The Department of Transportation's Federal Railroad Administration said the Feb. 16 derailment in Mount Carbon, West Virginia, was caused by a rail defect that was overlooked during two inspections.
October 9, 2015Obama Won't Support Extending Deadline for Rail-Safety Equipment
President Obama plans to enforce a deadline for rail operators to install safety technology by the end of the year, despite warnings from railroads including Union Pacific Corp. and Amtrak that they can’t meet the mandate and would have to suspend some service without an extension.
October 8, 2015Intermodal Rail Traffic Rises in September
U.S. rail intermodal traffic increased 1.6% in September compared with the same month the prior year, the Association of American Railroads reported.
October 7, 2015MyCarDoesWhat Safety Program Also Applies To Trucks
MyCarDoesWhat, the safety technology program unveiled on Oct. 7 in Washington by the Department of Transportation and the National Safety Council, has direct applicability to the trucking industry.
October 7, 2015Beverly Scott's NTSB Nomination Withdrawn
Beverly Scott’s nomination for the vacancy on the five-member National Transportation Safety Board was withdrawn Oct. 6.
October 6, 2015Logistics Execs Expect Business Growth, More Consolidation in Coming Years
Logistics executives expect their businesses to grow in the coming years, partly because of mergers, and are increasingly confident in their abilities to meet the expectations of shippers and carriers who are demanding a growing range of services.
October 5, 2015N.Y.-N.J. Authority Delays Bayonne Bridge Project Two Years
The Port Authority of New York and New Jersey announced a nearly two-year delay in completing a $1.3 billion bridge raising project that would allow the largest containerships to reach the third-largest U.S. port.
October 2, 2015Wells Fargo to Acquire GE’s Railcar Leasing Business
Wells Fargo & Co., the world’s largest bank by market value, agreed to buy the bulk of a railcar- and locomotive-leasing unit from General Electric Co. as the industrial giant retreats from financial services.
October 1, 2015