J.B. Hunt Transport Services’ third-quarter net income rose 32% to $68.7 million, or 57 cents per share, from $52.2 million, or 41 cents, a year ago.
October 14, 2011Search
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LaHood Says He Will Step Down After 2012
WASHINGTON — Transportation Secretary Ray LaHood said Thursday he will step down from his position if President Obama is re-elected.
October 14, 2011FedEx Ground Expands Network with New Distribution Hub
FedEx Ground, the small-package ground unit of FedEx Corp., on Wednesday announced the opening of a new $100 million distribution hub.
October 13, 2011I-64 Bridge Linking Indiana, Kentucky To Close for Six Months of Repairs
The Interstate 64 bridge spanning the Ohio River between Louisville, Ky., and southern Indiana must be closed for six months, transportation officials said.
October 12, 2011Menlo Launches Transportation Services
Menlo Worldwide Logistics has announced it is rolling out Menlo Transportation Services as a single, unified service to complement other supply chain and logistics offerings.
October 13, 2011Clark Holdings Shareholders to Vote on Buyout
Logistics firm Clark Holdings is planning a special shareholders meeting to vote on a $5 million buyout proposal from Gores Group.
October 12, 2011DOE Lowers 2011 Diesel Price Forecast to $3.80 a Gallon
The Department of Energy lowered its 2011 diesel price forecast by a nickel to $3.80 a gallon and lowered its 2012 forecast by 14 cents, to $3.73, reflecting recent declines in oil prices.
October 12, 2011Celadon Buys 6.3% Stake in USA Truck
Celadon Group has bought a 6.3% stake in fellow truckload carrier USA Truck, the Associated Press reported, citing a Celadon regulatory filing.
October 12, 2011Schneider Launches Canadian Intermodal Service
Schneider National has launched a new intermodal Canadian border-crossing service for North American shippers.
October 12, 2011Port of L.A. Won’t Appeal Decision Rejecting Owner-Operator Ban
The Port of Los Angeles said it will not appeal a decision by the U.S. 9th Circuit Court of Appeals that rejected the port’s plan to ban independent truckers from drayage operations there.
October 12, 2011