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USA Truck Grabs Profit on Revenue Rise

USA Truck reported first-quarter 2018 net income of $1 million, or 13 cents per share, compared with a net loss of $4.9 million, or minus 61 cents a share, in the first quarter of 2017.

April 26, 2018

Union Pacific Records Solid 1Q Results

Union Pacific Railroad reported first-quarter net income of $1.3 billion, or $1.68 per share, compared with $1.1 billion, or $1.16, in the first quarter of 2017.

April 26, 2018

Universal Logistics Buoyed by Record Revenue, Strong Profits

Universal Logistics Holdings reported first-quarter net income of $10.4 million, or 37 cents per share, a rise of 147% from $4.3 million reported for the first quarter a year ago.

April 26, 2018

Minnesota Freight Railroad Files Lawsuit Over Light-Rail Project

Planners of the Southwest light-rail project in Minnesota are facing another legal challenge, this time from a freight rail company that is slated to share a portion of the nearly 15-mile route between Minneapolis and Eden Prairie.

April 26, 2018

Kansas City Southern Adds Rail Service Between Port of New Orleans, Dallas

Kansas City Southern will relaunch weekly rail service next month between the Port of New Orleans and metro Dallas, a move that will add more options to customers in the United States and Mexico.

April 26, 2018

UPS Delivers 1Q Net Income of $1.34 Billion, Up 15% Year-to-Year

UPS Inc. reported double-digit gains in the first quarter as a result of the strength of its global business as well as economic conditions.

April 26, 2018

Truck Driver Shortage Spurs Rising Prices, Delayed Deliveries

If you see prices creeping higher for everything from cereal to socks in the next few months, you can probably blame this stark reality: There aren’t enough truck drivers delivering the goods to stores.

April 26, 2018

Bid to Restrict Lanes for Big Trucks in Baton Rouge Area Dies in House

A bid to ease Baton Rouge traffic problems by requiring big trucks to stay in the right lane during evening rush hour died April 25.

April 26, 2018

Alberta Drillers Near Deals With Railroads, Potentially Easing Oil Logjam

Alberta’s beleaguered oil industry may get some relief from its persistent shipping bottlenecks in the second half of the year as producers strike deals with rail companies to move more crude.

April 26, 2018

Echo Global Logistics Reports Revenue Surge in 1Q

Echo Global Logistics reported record revenue in the first quarter of 2018 and posted a profit, compared with a loss a year ago, as tight capacity drove more business to third-party transportation service providers.

April 25, 2018