Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.
April 19, 2007Search
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Knight’s 1Q Income, Revenue Gain
Truckload carrier Knight Transportation said its first-quarter profit rose 5% to $16.6 million or 19 cents a share, from $15.8 million or 18 cents a year ago.
April 19, 2007Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Heartland’s 1Q Income Rises
Truckload carrier Heartland Express said Thursday its first-quarter profit rose 14% to $22.6 million or 23 cents a share, from $19.7 million or 20 cents a year ago.
April 19, 2007Shippers Benefitting From Softer Freight Market, Journal Reports
Freight shippers are seeing a more favorable environment because of slipping overall volumes moved by trucks and trains and an abundance of capacity, the Wall Street Journal reported Wednesday.
April 18, 2007CSX’s 1Q Profit Dips; Revenue Hits Record
CSX Corp. late Tuesday reported that its first-quarter profit fell 2%, due to slower freight demand and a sluggish economy.
April 18, 2007Rush’s 1Q Earnings Improve
Truck dealer Rush Enterprises said its first-quarter earnings improved to $13 million or 51 cents a share, up from $11.6 million or 46 cents a year earlier.
April 18, 2007Safety & Security Briefs — April 12 - April 18
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Diverting Hazmat From D.C. Would Cost $4.3 Bln., Planners Say
Rerouting freight trains around or underneath Washington, D.C., would cost at least $4.3 billion but bring benefits beyond removing hazmat cargo from the area, the Associated Press reported.
April 18, 2007Letters to the Editor: Steering; Opening the Border
These letters appear in the April 16 print edition of transport Topics. Click here to subscribe today.
April 18, 2007Opinion: Ag and Food Trucking and the U.S. Economy
This Opinion piece appears in the April 16 print edition of Transport Topics. Click here to subscribe today.
April 18, 2007