Truck tonnage in June rose 5.4% from a year earlier, the eighth consecutive year-over-year increase, and the largest year-over-year gain since January 2005, American Trucking Associations said.
July 29, 2008Search
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More Hazmat Shippers Considering Trucks
Sharply higher rail rates for carrying hazardous materials known as toxic inhalants have led some shippers to shift to trucks, said John Conley, president of the National Tank Truck Carriers.
July 30, 2008Cummins’ Profits Rise as Engine Demand Recovers
Engine manufacturer Cummins Inc., said that its second-quarter profits rose to a record as overseas demand bolstered a recovering North American truck-engine market.
July 30, 2008Covenant Reports 2Q Earnings
Covenant Transportation Group said late Tuesday it lost $2.3 million,
or 17 cents a share, in the second quarter, compared with a loss of
$11.3 million, or 80 cents, a year ago.
Covenant Reports 2Q Earnings
Covenant Transportation Group said late Tuesday it lost $2.3 million,
or 17 cents a share, in the second quarter, compared with a loss of
$11.3 million, or 80 cents, a year ago.
Universal Truckload’s Earnings Slip
Universal Truckload Services, Warren, Mich., said it earned about $3.5 million, or 22 cents a share in the second quarter of 2008, down from $4.7 million, or 29 cents, in the 2007 quarter.
July 29, 2008ArvinMeritor Reports Fiscal 3Q Profit
Vehicle component supplier ArvinMeritor earned $44 million, or 60 cents a share in the quarter ended June 30, compared with a loss of $70 million, or 99 cents, a year ago, the company said Tuesday.
July 29, 2008Frozen Food Express Swings to 2Q Profit
Refrigerated carrier Frozen Food Express Industries, Dallas, earned $274,000, or two cents a share, in the second quarter of 2008, compared with a loss of $661,000, or four cents, in the 2007 quarter, the company said late Monday.
July 29, 2008Frozen Food Express Swings to 2Q Profit
Refrigerated carrier Frozen Food Express Industries, Dallas, earned $274,000, or two cents a share, in the second quarter of 2008, compared with a loss of $661,000, or four cents, in the 2007 quarter, the company said late Monday.
July 29, 2008West Coast Ports, Longshore Union Reach Tentative Agreement
The International Longshore and Warehouse Union and the Pacific Maritime Association have reached a tentative agreement on a new six-year labor contract that will cover more than 25,000 workers at 29 West Coast ports, the groups said Tuesday in a joint statement.
July 29, 2008