Werner Enterprisesā third-quarter earnings rose 22%, despite higher fuel costs.
October 19, 2011Business
Marten Reports Higher 3Q Profit
Marten Transportās third-quarter profit rose 15.5% on improved performance in its truckload and logistics sectors.
October 19, 2011BusinessLogistics
CSX Reports Higher Third-Quarter Profit
CSX Corp. said its third-quarter net income rose to $464 million, or 43 cents per share, from $414 million, or 36 cents, a year ago.
October 19, 2011Business
September Housing Starts Climb 15%
Housing starts jumped 15% in September to the highest level since April 2010, the Commerce Department said Wednesday.
October 19, 2011GovernmentBusiness
States Get More Back from Highway Trust Fund Than They Collect, GAO Says
Every state receives more in highway funding than it is contributing to the Highway Trust Fund via federal fuel taxes and truck excise taxes, said a new study by the U.S. Government Accountability Office.
October 18, 2011Business
Daimler Rebrands āDetroitā Line of Powertrain Components
Daimler Trucks North America unveiled its new Detroit brand encompassing all of its powertrain components, including its Detroit Diesel engine line.
October 18, 2011GovernmentBusiness
ATAās Costello Sees Mixed Economic Picture for Trucking
The economic outlook for trucking is āmuddled at best, with the industry facing softening demand and rising costs,ā American Trucking Associationsā Chief Economist Bob Costello said at the groupās annual conference in Texas this week.
October 18, 2011Business
Economy Leads ATRIās List of Truckingās Top Issues
The American Transportation Research InstituteĀ said the state of theĀ economyĀ ranks No. 1 on itsĀ list of the top 10 issues facing the North American trucking industry.
October 18, 2011BusinessFuel
Diesel Fuel Jumps 8Ā¢ to $3.801 a Gallon; Gasoline Price Gains 5.9Ā¢ to $3.476
Dieselās national average pump price jumped 8 cents to $3.801 a gallon, turning around five weeks of declines, while gasoline also increased, the Department of Energy said.
October 18, 2011Business
Producer Prices Increase in September
Prices paid to U.S. producers rose 0.8% in September, the largest gain in five months, the Labor Department said Tuesday.
October 18, 2011