Truckload carrier Knight Transportation said Wednesday its third-quarter profit rose 27% as performance in all of its business lines improved.
October 20, 2010Business, Logistics
Forward Air Reports Higher 3Q Income
Forward Air Corp. said late Wednesday its third-quarter net income rose to $8.9 million, or 31 cents per share, from $3.8 million, or 13 cents, a year ago.
October 20, 2010Business
Eaton’s Third-Quarter Profit Jumps 39%
Auto and truck components maker Eaton Corp. boosted its full-year earnings forecast as its third-quarter profit jumped 39%.
October 20, 2010Business
Maine, Vermont Truck Groups to Push For Permanent Weight Exemption
Supporters of a White House-backed push to grant Maine and Vermont a permanent exemption from the 80,000-pound truck weight limit on interstate highways said they will make a second attempt to persuade Congress to act before a pilot program expires on Dec. 16.
October 20, 2010Business, Logistics
Hub Group’s Third-Quarter Earnings Grow
Logistics and intermodal firm Hub Group’s third-quarter profit jumped 28.3% to $12.6 million, or 34 cents a share, from $9.8 million, or 26 cents, a year ago.
October 20, 2010Business
Marten’s 3Q Profit Jumps 57.9%
Marten Transport said its third-quarter profit 57.9% as its logistics and regional revenue improved.
October 20, 2010Government, Business
LaHood in New England to Deliver $20 Million Stimulus Grant
Secretary of Transportation Ray LaHood is scheduled to deliver $20 million in federal infrastructure stimulus funding Wednesday to the New England states of Maine and New Hampshire.
October 19, 2010Business
TCA Changes on Weight Limit; Backs Higher 88,000-Pound Cap
PHOENIX — The Truckload Carriers Association has changed its long-standing support of the status quo on truck weight limits in announcing a new preference in favor of an 88,000-pound gross vehicle weight, up the from the current 80,000-pound federal limit.
October 19, 2010Business
Werner’s Third-Quarter Income Improves
Werner Enterprises’ third-quarter profit rose to $24.2 million, or 33 cents a share, from $19 million, or 26 cents, a year ago.
October 19, 2010Business
Housing Starts Rise to Five-Month High
Housing starts rose 0.3% to a five-month high in September, the Commerce Department said Tuesday.
October 19, 2010