Saia Inc. said its second-quarter net income increased to $11.9 million, from $3.4 million in the prior-year period.
July 27, 2012Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
ATA Asks Court to Overturn HOS Revisions; Says Decisions Based on Sham of Analysis
Changes announced in December to the federal hours-of-service rule rely on a sham of an analysis and unjustifiable assumptions, American Trucking Associations told a federal court last week, urging the court to overturn the provisions of the rule that restrict the 34-hour restart and require an off-duty break.
July 30, 2012LTL Boosts UPS 2Q Results; Firm Warns on Rest of 2012
UPS Inc. raised second-quarter earnings to $1.12 billion, with help from its less-than-truckload unit, but the biggest parcel and freight carrier warned that its second-half profit will be diminished by a weakening U.S. economy.
July 30, 2012OEMs Object to Test Plan For Stability Control Rule
WASHINGTON While expressing support for a proposed electronic stability control mandate for heavy vehicles, the companies that make those vehicles strongly objected to the regulations test procedure for getting vehicles certified and urged federal regulators to consider alternative tests.
July 30, 2012Volvo, Paccar Plan Truck Production Cuts as North American Orders Remain Slow
Volvo Trucks and Paccar Inc. last week announced plans to cut production, citing a slowdown in North American Class 8 truck orders.
July 30, 2012Diesel Price Jumps 8.8瞽 to $3.783; Gasoline Also Rises for Third Week
U.S. retail diesel and gasoline prices rose for the third straight week, taking back more of the substantial cost drops that dominated the second quarter of the year, the Department of Energy reported July 23.
July 30, 2012Echo Global Logistics 2Q Income Rises
Echo Global Logistics said its second-quarter profit rose as revenue climbed.
July 27, 2012Consumer Confidence Drops to Lowest Level This Year
Consumer confidence dropped in July to the lowest level this year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 27, 2012U.S. Economy Grows at 1.5% Pace in Second Quarter
The U.S. economy grew at a 1.5% annual rate in the second quarter as consumers trimmed spending, the Commerce Department reported Friday.
July 27, 2012Oshkosh's 3Q Income Rises to $75.7 Million
Oshkosh Corp. said higher defense sales pushed its fiscal 2012 third quarter income to $75.7 million compared with $68.4 million reported in the year ago period.
July 27, 2012Trending
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