Truckload carrier Landstar System said its earnings per share rose to a second-quarter record as its trucking and logistics operations improved on higher demand.
July 26, 2012Search
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Ag Haulers Prepare for Pain as Drought Plagues Nation
The severe drought that has devastated farmers and cattlemen from Montana to Texas and from Kentucky to Colorado is now set to hit trucking companies that haul grain and soybeans, industry officials said.
July 30, 2012Tonnage Growth Slowing
The rate of growth in freight in the United States slowed again in June, mirroring the weakening recovery in the overall economy, according to a key market barometer.
July 30, 2012Covenant Transportation’s 2Q Profit Improves
Covenant Transportation Group’s second-quarter net income rose to $4.3 million, or 29 cents per share, from $1.7 million, or 11 cents, a year earlier.
July 26, 2012Mullen Group’s 2Q Income Drops
Canadian transportation firm Mullen Group said its second-quarter profit declined, primarily foreign exchange-rate accounting, though operating income rose 9%.
July 26, 2012Michigan Declares Fuel Emergency, Lifts HOS Restrictions
Michigan Gov. Rick Snyder declared an energy emergency in Michigan this week, due to shortages of diesel and gasoline in the state’s Upper Peninsula caused by a pipeline shutdown in Wisconsin.
July 26, 2012Pacer’s Second-Quarter Income Declines
Pacer International’s second-quarter net income fell, as its intermodal and logistics margins declined from a year ago.
July 26, 2012Rush’s Income Rises on Higher Truck, Aftermarket Sales
Truck dealership Rush Enterprises reported a higher second-quarter profit on higher truck and aftermarket sales.
July 26, 2012Dana Reports Higher 2Q Profit
Truck and auto component maker Dana Holding Corp.’s second-quarter profit improved on higher North American production levels, the company said Thursday.
July 26, 2012Universal’s 2Q Income Rises; Will Buy Logistics Firm for $335 Million
Universal Truckload Services said Thursday its second-quarter profit improved and that it will buy third-party logistics firm LINC Logistics for $335 million.
July 26, 2012