Covenant Transportation Group Inc. said it expects fourth-quarter 2013 net income of 18 cents to 22 cents a share, compared with 10 cents a share in the previous year’s quarter.
January 15, 2014Search
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House Plans Road-Bill Hearing; DOT Leaders to Update Agenda
Transportation funding and truck safety will be thrust into the spotlight this week as the U.S. House of Representatives convenes its first hearing on a new highway bill and Department of Transportation leaders make several public addresses.
January 13, 2014DOT Freight Transportation Index Rises to Record Level
The Department of Transportation’s freight transportation services index rose to record high in November, DOT said Jan. 9.
January 9, 2014Thruway Reopens in Western N.Y. as Temperatures Increase
Officials reopened a section of the New York State Thruway early Jan. 8 after closing it two days before because of snow and extreme cold.
January 8, 2014Cass Freight Index Declines in December
The Cass Freight Index, which measures shipment activity in trucking and other transport modes, declined 3.2% in December from a year ago. Expenditures increased 1% from 2012.
January 8, 2014Nafta Trade Exceeds $100 Billion in October
Trade among the United States, Canada and Mexico grew to $103.5 billion in October, the first time it has exceeded $100 billion, the Department of Transportation reported.
January 7, 2014Trade Deficit Declines to Four-Year Low
The U.S. trade deficit declined in November to a four-year low, the Commerce Department reported Jan. 7.
January 7, 2014Connecticut Delays Tickets for Truckers who Violate Snow-Removal Law
Connecticut State Police said they are not yet issuing tickets to truckers who fail to clean snow and ice from their vehicles in order to give the drivers time to adapt to the new law.
January 7, 2014OSHA Fines Two Carriers on ‘Whistleblower’ Allegations
Two large trucking companies received orders from the Labor Department’s Occupational Safety and Health Administration to compensate workers who said they were unable to drive because of illness.
January 7, 2014Factory Orders Rise in November
Factory orders increased 1.8% in November, the Commerce Department reported Jan. 6.
January 6, 2014