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Opinion: Moving Forward Despite Industry Challenges
In 1933, my grandfather, James Russell Hahn, founded Hahn Transportation on the understanding that trucking was essential, especially to Maryland farmers who needed to move the crops from the fields to the canneries, the milk to the creameries, and coal or oil to the homes, schools and hospitals for heat.
October 29, 2010Scania’s Third-Quarter Profit Jumps
Swedish truck maker Scania AB’s third-quarter profit jumped eightfold as demand for heavy trucks increased, Bloomberg reported.
October 25, 2010Existing °®¶¹´«Ã½ Sales Rise 10%
Existing home sales jumped 10% in September, the National Association of Realtors said Monday.
October 25, 2010UPS Projects 7.5% Higher Holiday Volume
UPS Inc. said it expects its holiday volume to be 7.5% higher than a year ago and has added flights in China to meet surging export demand, Bloomberg reported.
October 25, 2010Diesel Drops for First Time in a Month, Dipping 0.6¢ to $3.067 a Gallon
Diesel’s national average retail price fell for the first time in a month, dipping 0.6 cent to $3.067 a gallon, the Department of Energy reported Monday.
October 25, 2010EPA to Revise Guidance on SCR Truck Engines
WASHINGTON — The Environmental Protection Agency is revisiting its guidance for selective catalytic reduction technology in heavy-duty trucks as a result of a court settlement with Navistar Inc. earlier this year, an agency official said last week.
October 25, 2010YRC Posts Improvement in Quarterly Results
YRC Worldwide Inc.’s third-quarter financial results improved on both a year-over-year basis and from the second quarter of 2010, the less-than-truckload company said last week, reporting that tonnage improved and operating losses declined.
October 25, 2010Truckload Profits Rise Sharply as Rate Increases Accelerate
Third-quarter earnings rose sharply at four publicly traded truckload companies, as they were able to accelerate the pace of rate increases in a steady freight market.
October 25, 2010UPS’ Third-Quarter Net Income Soars 80%
UPS Inc. said Oct. 21 its third-quarter net income jumped 80% to $991 million from a year earlier, on the strength of higher rates and rising profits for domestic and international packages.
October 25, 2010Intermodal Freight Volumes Remain Strong, Contributing to Strong 3Q Railroad Profits
The intermodal business is making a solid contribution to third-quarter rail profits, as volumes remain strong through the fall peak season for domestic freight, industry officials said.
October 25, 2010