Roadrunner Transportation Systems said it has purchased D&E Transport, an asset-light flatbed carrier, for $11.2 million.
April 20, 2012BusinessSafetyGovernment
P.A.M. Turns First-Quarter Profit
Truckload carrier P.A.M. Transportation Services on Wednesday reported a first-quarter profit for the first time in five years.
April 25, 2012Government
Fed Holds Rate at Record Low, Sees ‘Moderate’ Economic Growth
The Federal Reserve said Wednesday it “expects economic growth to remain moderate over coming quarters and then to pick up gradually.â€
April 25, 2012GovernmentBusinessSafety
Vitran’s 1Q Loss Widens
Vitran Corp. late Tuesday reported a larger first-quarter loss than a year ago despite a 12.1% gain in revenue.
April 25, 2012BusinessGovernmentLogistics
Consumer Confidence Declines
Consumer confidence decreased this month, the New York-based Conference Board said Tuesday.
April 24, 2012GovernmentBusiness
Senate Names Transportation Conferees
The Senate has named 14 of its members to serve on the conference committee tasked with ironing out House-Senate differences on a long-term transportation funding bill.
April 24, 2012BusinessSafetyGovernment
Swift Posts Higher First-Quarter Profit
Swift Transportation on Thursday said its first-quarter profit rose from a year ago on higher revenue.
April 19, 2012BusinessGovernment
House Passes Another Highway Bill Extension, Through September
The House passed an extension to a federal highway bill through the end of September, setting the stage for negotiations with the Senate on a longer-term plan, the Associated Press reported.
April 19, 2012GovernmentBusiness
DOT to Undertake Heavy-Truck Study
The Department of Transportation will seek assistance from state agencies in a study of the safety performance of overweight heavy trucks — those that run heavy both with permits and those that run overweight illegally.
April 17, 2012GovernmentBusiness
Kansas Repealing Property Tax on Trucking Equipment
Kansas Gov. Sam Brownback signed legislation that as of 2014 repeals the state’s 56-year-old property tax on trucks, tractors and trailers.
April 17, 2012