Updated: 7/27/2011 5:00:00 PM Company Cites Concerns on Continued High Fuel Costs Knight Transportation said late Wednesday its second-quarter profit rose from a year ago on stronger truckload markets and improvement in its brokerage business.… Read More »Knight Transportation's 2Q Income Improves
The American Trucking Associations will sponsor a video contest for National Truck Driver Appreciation Week for a third year. The contest aims to celebrate the 3.2 million professional truck drivers delivering life’s essentials across the… Read More »ATA Announces Third Annual National Truck Driver Appreciation Week Video Contest
Updated: 7/29/2011 8:00:00 AM By Tom WolfeDirector of Strategic Fuel Procurement Maxum Petroleum This Opinion piece appears in the July 25 print edition of Transport Topics. Click here to subscribe today. Perhaps your company already… Read More »Opinion: Consider Hedging On-Road Fuel Costs
The Baker Truck Corral on I-84 will provide electric shore power starting August 12. It is the first electrified truckstop parking location to become operational as part of the national Shorepower Truck Electrification Project program… Read More »Truckstop Electrification Program Opens First Location on I-84 in Oregon
Updated: 7/28/2011 8:45:00 AM Initial jobless claims dropped last week by 24,000 to 398,000, the lowest level since April, the Labor Department said Thursday. Economists had called for a rate of 415,000, Bloomberg reported. The… Read More »Initial Jobless Claims Fall 24,000 for Week
“Carriers are looking for partners to ‘tango’ with as volume and rate expectations are very positive.” That’s the comment of Richard Mikes, partner at Transport Capital Partners, about what the group’s most recent Business Expectations… Read More »Carriers Looking at Acquisitions
Updated: 7/28/2011 9:00:00 AM Specialty truck maker Oshkosh Corp. said Thursday its fiscal third-quarter profit dropped from a year ago as sales of military vehicles declined. Net income fell to $68.4 million, or 75 cents… Read More »Oshkosh's 3Q Income Declines
CRST International acquired Specialized Transportation, a provider of customized supply chain solutions for products that require high touch support, special handling and equipment, and value added on-site services. Both companies are privately held. STI, an… Read More »CRST Acquires Specialized Transportation
Updated: 7/28/2011 2:30:00 PM Pacer International on Thursday reported second-quarter earnings that were three times higher than the same quarter a year ago. Pacer earned $4.2 million, or 12 cents a share, up from $1.4… Read More »Pacer Triples Its Second-Quarter Profit
Rush Enterprises, which operates the largest network of commercial vehicle dealerships in North America, announced results for the second quarter of 2011. In the second quarter, the company’s gross revenues totaled $662 million, a 100.7%… Read More »Rush Enterprises Second Quarter Revenues Up Over 100%
Updated: 7/28/2011 10:00:00 AM Component maker Dana Holding Corp. said Thursday its second-quarter income jumped from a year ago and the company raised its earnings outlook for the year. The truck axle and frame… Read More »Dana's 2Q Income Jumps; Company Boosts Outlook
In an effort to strengthen motorcoach safety, the Federal Motor Carrier Safety Administration (FMCSA) is coordinating the Department of Transportation’s National Motorcoach Safety Summit this September. The strategic objectives for the National Summit are: Increase… Read More »FMCSA and DOT Schedule National Motorcoach Safety Summit and Regional Roundtables to Strengthen Motorcoach Safety