Trucking remains the dominant U.S. mode of freight transportation, hauling 69.1% of freight last year totaling 9.7 billion tons, with both figures up from a year earlier, American Trucking Associations reported May 12.
May 12, 2014Business
Prices for Used Trucks Beginning to Ease as More Become Available, Analysts Say
Used Class 8 truck prices have begun to ease but remain near historic levels on continued strong demand, analysts said.
May 12, 2014Business
USA Truck: Two Key Shareholders Aren’t Takeover Threat
USA Truck said two hedge funds with a 28% stake in the company do not pose a takeover threat, Arkansas Business reported.
May 9, 2014Business
Tornadoes Hit Trucking Facilities in South
Several trucking facilities across the South were damaged by this week’s tornadoes.
May 2, 2014Business
USA Truck’s 1Q Loss Narrows
USA Truck Inc.’s first-quarter loss narrowed to $1.6 million, or 15 cents per share, from $2.5 million, or 24 cents, as harsh winter weather increased operating expenses.
April 30, 2014Business
Universal Truckload Services’ Profit Drops 29%
Universal Truckload Services Inc. reported its first-quarter profit fell 29% as its contract-related business declined.
April 28, 2014Business
Truckload Carriers Report Mixed 1Q, But Expect Improvements for Rest of Year
Comments with first-quarter earnings reports issued last week continued to trigger optimism about a pickup in freight in 2014, though severe winter weather dampened results for several prominent truckload fleets.
April 28, 2014Business
P.A.M. Swings to First-Quarter Profit
P.A.M. Transportation Services reported first-quarter net income of $1.36 million, or 17 cents per share, turning around a loss of $450,000, or 5 cents, in the prior year.
April 23, 2014Business
March Truck Sales Surge 25.6%
New Class 8 retail sales rose 25.6% in March from a year earlier, the biggest monthly percentage gain since July 2012, WardsAuto.com reported.
April 21, 2014Business
March Truck Orders Soar 24.4%
New Class 8 truck orders climbed 24.4% in March from the same period a year ago, ACT Research Co. reported, and manufacturers are taking additional steps to ramp up production.
April 14, 2014