Truckload carrier Knight Transportation said Wednesday its second-quarter profit jumped 26% to $15.8 million, or 19 cents a share, from $12.6 million, or 15 cents, a year ago.
July 21, 2010Business
Covenant Turns First Profit Since Late ’07
Covenant Transportation Group said late Wednesday it turned a profit in the second quarter, posting its best performance in several years.
July 21, 2010Business
Rush Enterprises Posts 2Q Profit
Truck dealership Rush Enterprises reported a second-quarter profit of $5.7 million, or 15 cents a share, turning around a loss from a year ago of $1.5 million, or 4 cents per share.
July 21, 2010Business, Logistics
Hub Group’s Second-Quarter Earnings Increase
Logistics and intermodal firm Hub Group’s second-quarter profit rose 16% to $9.6 million, or 26 cents a share, from $8.3 million, or 22 cents, a year ago.
July 21, 2010Business
Knight Reports Higher 2Q Profit
Business
Arkansas Best Cuts 2Q Loss in Half
Arkansas Best Corp. said Wednesday its second-quarter loss was half that of a year ago, as revenue and tonnage improved.
July 21, 2010Business
Eaton’s 2Q Profit Jumps
Vehicle parts manufacturer Eaton Corp. said Wednesday its second-quarter profit jumped as its truck segment sales improved 53%.
July 21, 2010Business, Logistics
Marten’s Second-Quarter Income Rises 15%
Refrigerated truckload carrier Marten Transport’s second-quarter profit rose 15.2% as its logistics operations expanded.
July 20, 2010Government, Business
I-5 ‘Corridor Toll’ Proposed for Columbia River Crossing
The mayor of Vancouver, Wash., has proposed using a “corridor toll” on Interstate 5 that would require motorists to help pay for the Columbia River Crossing, a project replacing the existing bridge and most recently estimated to cost $3.6 billion.
July 20, 2010Government, Business
Pennsylvania Turnpike Tolls to Rise in January
Truckers without E-ZPass will pay about 10% more than they do today to run the Pennsylvania Turnpike under a new rate schedule scheduled to take effect in January.
July 20, 2010Government, Business, Safety
N.J. Exempts Truckers’ CBs from Handheld-Device Ban
New Jersey has exempted truck drivers using with CBs and two-way radios from its prohibition against using handheld communication devices while driving.
July 20, 2010