Swift Transportation profits plunged 30% in the fourth quarter following drops in revenue in every division except for the dedicated contract carriage.
January 26, 2017Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Norfolk Southern Profits Jump 15% in Fourth Quarter, Beating Analyst Forecasts
Norfolk Southern posted stronger earnings in the fourth quarter with a 15% increase in profits compared with the same period in 2015, beating the already favorable forecasts from industry analysts.
January 25, 2017CSX Investors Are All Ears for Harrison Pitch to Run Carrier
If most CSX Corp. investors are like Sandy Pomeroy and T.J. McConville, Hunter Harrison will probably have a fourth railroad to run.
January 25, 2017Trailer Orders End 2016 on Strong Note, Climbing Above 34,000
Net trailer orders in December were the second-highest of the year, and improved year-over-year as well, but 2016 remained significantly weaker than 2015, ACT Research said.
January 23, 2017TFI International Expands Into Last-Mile Medical Delivery With Acquisition
TFI International (formerly TransForce Inc.) acquired the ground transportation business of World Courier in the United States from pharmaceutical distributor AmerisourceBergen Corp.
January 23, 2017Hyundai Merchant Marine to Buy Minority Stake in Total Terminals International
Hyundai Merchant Marine will buy a 20% stake in Total Terminals International, agreeing to a $15.6 million deal with Mediterranean Shipping Co. on Jan. 19, one day after a U.S. bankruptcy court approved MSC’s purchase from the bankrupt Hanjin Shipping Co.
January 20, 2017Kansas City Southern Profits Decline in Fourth Quarter
Kansas City Southern reported lower profits in the fourth quarter and full calendar year 2016 compared with the same period of 2015, although the freight railroad was most hurt due to foreign exchange rate losses from its international business.
January 20, 2017Letters: Safe Food Transport, Government Efficiency
Uniformity Would Ease Safe Food Transportation
January 23, 2017Great Western Acquires Quality Trailer Sales
Great Western Leasing and Sales acquired Quality Trailer Sales, expanding its network into the southwest U.S., and adding Heil Trailer to its product line, the company said.
January 20, 2017Outgoing DOT Chief’s Final Report Provides Road Map for Infrastructure
Investments in infrastructure are needed across every level of government to accommodate the massive increases in truck traffic and freight demand over three decades, outgoing Secretary of Transportation Anthony Foxx indicated in his final report as head of the agency.
January 23, 2017