J.B. Hunt Transport Services said that Kirk Thompson will step down as president and CEO at the end of the year and become the company’s chairman.
October 29, 2010BusinessLogistics
Intermodal Traffic Increases for Week
Intermodal rose 13.6% last week from a year earlier, the Association of American Railroads said.
October 29, 2010BusinessSafetyGovernment
Chicago Manufacturing Index Increases in October
Manufacturing activity in the Chicago region improved in October, showing continued expansion, the Institute for Supply Chain Management-Chicago said Friday.
October 29, 2010Business
Opinion: Moving Forward Despite Industry Challenges
In 1933, my grandfather, James Russell Hahn, founded Hahn Transportation on the understanding that trucking was essential, especially to Maryland farmers who needed to move the crops from the fields to the canneries, the milk to the creameries, and coal or oil to the homes, schools and hospitals for heat.
October 29, 2010Business
Daimler Posts 3Q Profit; Truck Sales Jump 44%
Daimler AG said its third-quarter worldwide truck sales jumped 44% from a year ago and that its truck unit would post a profit before interest and taxes of more than $1.5 billion for the full year.
October 28, 2010BusinessGovernmentLogistics
Judge’s Temporary Ruling Backs ATA in L.A. Port Case
A federal judge has temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.
October 28, 2010Business
Saia’s Third-Quarter Earnings Decline
Saia Inc. said Thursday its third-quarter earnings fell from a year ago, citing impacts of a softer economy.
October 28, 2010Business
Mullen Group Profit Declines in 3Q
Canadian transportation firm Mullen Group Thursday posted a third-quarter profit of C$28.4 million or 36 cents per share, compared with C$30.9 million, or 39 cents, a year ago.
October 28, 2010Business
Jobless Claims Decline for Week
Initial jobless claims fell by 21,000 last week to the lowest level since early July, the Labor Department said Thursday.
October 28, 2010Business
Oshkosh Sees 4Q Income Fall
Oshkosh Corp. said Thursday its fiscal fourth-quarter profit fell, due in part to discontinued operations.
October 28, 2010