Marten Transport’s first-quarter profit jumped 33% on higher logistics and truckload revenue.
April 18, 2012Search
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Forward Air’s 1Q Income Rises
Forward Air Corp.’s first-quarter net income rose to $10.3 million, or 35 cents a share, from $7.9 million, or 27 cents, a year ago.
April 20, 2012Obama Calls on Congress for More Regulation of Oil Markets
President Obama urged Congress to bolster federal supervision of oil markets, including bigger penalties for market manipulation and more power for regulators, Bloomberg reported.
April 18, 2012Trucking Continues as Primary Freight Mode, ATA Report Says
Trucking continues to be the dominant U.S. mode of freight transportation, hauling 67% of freight last year, according to a new American Trucking Associations report.
April 18, 2012Daimler Opens Truck Manufacturing Plant in India
CHENNAI, India — Daimler A.G. officially opened its sprawling truck manufacturing plant here Wednesday to produce vehicles for its newest brand, BharatBenz, as the company looks to gain entry into India’s domestic market, the world’s fastest growing for trucks and buses.
April 18, 2012Werner’s First-Quarter Profit Rises 30%
Werner Enterprises said its first-quarter profit rose 30% on “more steady and balanced” freight trends early this year.
April 18, 2012Heartland Express Reports Higher 1Q Profit
Truckload carrier Heartland Express on Tuesday said its first quarter profit rose to $16.6 million, or 19 cents per share, from $14.9 million, or 16 cents, a year ago.
April 17, 2012Industrial Production Unchanged in March
Industrial production remained unchanged in March for a second month, the Federal Reserve said Tuesday.
April 17, 2012Navajo Express Expands Dry Van Operations
Navajo Express said it has expanded the operations of its dry van division, Digby Truck Lines, between the California coast and the Pacific Northwest.
April 17, 2012Frito-Lay Adding Natural Gas Trucks to Fleet
Frito-Lay on Tuesday said it is adding 67 compressed natural gas trucks to its private fleet, the New York Times reported.
April 17, 2012