Updated: 2/9/2011 10:30:00 AM Roadrunner Transportation Systems reported a fourth-quarter profit compared with a loss a year ago, as less-than-truckload tonnage improved. The carrier earned $3.9 million, or 12 cents per share, compared with a… Read More »Roadrunner Reports 4Q Profit
A 2.1 percent increase in flatbed rates nationwide brought the average line haul rate back up to December levels of $1.55 per mile, according to TransCore Truckload Trendlines, a weekly barometer for truck freight moved… Read More »TransCore Says Average Linehaul Rate Back to December Level of $1.55 per Mile
Updated: 2/7/2011 8:20:00 AM Pitt Ohio is rebranding the freight company to emphasize its broad range of services by dropping the word “Expressâ€� from its name and adding a new logo. The changes, effective Jan.… Read More »Pitt Ohio Rebrands Company to Stress Broader Services
On January 2, 2009, shortly before 8:00 a.m., thousands of shoes mysteriously appeared on a Miami highway. Who spilled the shoes? Nobody knows. But they disrupted traffic on the Palmetto Expressway for hours. We’ve just… Read More »There's a Website for Everything, Including Truck Spills
Updated: 2/7/2011 8:10:00 AM Echo Global Logistics has announced plans to introduce new transportation management software that is tailored to the needs of large shippers who do not have their own systems. In a Tuesday… Read More »Echo Global Adds Software to Help Major Customers
House Transportation and Infrastructure Committee Chairman John L. Mica (R-FL) announced the locations for a series of national field hearings and public forums on pending major surface transportation legislation. The nationwide meetings with state and… Read More »Mica Announces Transportation Bill Field Hearings, Public Forums
Updated: 2/4/2011 10:45:00 AM Commercial Vehicle Group said Jan. 31 it bought heavy-duty truck seating unit Bostrom Seating from fellow compoent maker Accuride Corp., for $8.8 million. Bostrom, which supplies the North American heavy-duty truck,… Read More »Accuride Sells Truck Seating Unit to CVG
Roadrunner Transportation Systems, Cudahy, Wis., has acquired all of the outstanding stock of Morgan Southern Inc. for approximately $20 million in cash. Morgan Southern is a privately held provider of intermodal transportation and related services.… Read More »Roadrunner Buys Morgan Southern
Updated: 2/4/2011 2:00:00 PM The U.S. unemployment rate fell to 9% in January, the lowest in almost two years, from 9.4% in December, the Labor Department said Friday. Payrolls rose by 36,000, less than the… Read More »Unemployment Rate Falls to 9%; Trucking Adds 3,200 Jobs
Preliminary data shows North American Class 8 truck orders in January rose more than 300 percent compared to the same month a year ago.. The number vary slightly according to the two major industry research… Read More »January Truck Orders Stronger Than Expected
Updated: 2/3/2011 10:45:00 AM Arkansas Best Corp. said Thursday its fourth-quarter loss was $3.1 million, or 12 cents a share, compared with a loss of $88.7 million, or $3.54 per share, a year earlier. Revenue… Read More »Arkansas Best's 4Q Loss Narrows
Old Dominion Freight Line reported its fourth-quarter 2010 revenue increased 28.3% to $399 million from $310.9 million for the fourth quarter of 2009, while net income was $22.1 million, up 127.8% from $9.7 million for… Read More »Old Dominion Freight Line Fourth-Quarter Earnings Up 127 Percent