Despite some signs of economic recovery, transportation services activity in most regions declined in the six weeks through mid-October, the Federal Reserve said Wednesday.
October 21, 2009Search
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Universal Truckload Services’ Income Drops
Universal Truckload Services said its third-quarter net income plunged 68.6% to $1.7 million, or 11 cents per share, from $5.4 million, 34 cents, a year ago.
October 22, 2009C.H. Robinson’s 3Q Profit Improves
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a third-quarter profit of $95.5 million, or 57 cents a share, up slightly from $93.6 million, or 54 cents a share, a year ago.
October 21, 2009Arkansas Best Takes 3Q Loss; CEO Davidson to Step Down
Arkansas Best Corp. said Wednesday it took a third-quarter loss and that Chief Executive Officer Robert Davidson will retire at the end of this year, to be succeeded by Judy McReynolds.
October 21, 2009Knight’s 3Q Income Declines
Truckload carrier Knight Transportation’s third-quarter profit fell to $13.1 million, or 16 cents a share, compared with $16 million, or 19 cents, a year ago.
October 21, 2009Forward Air’s 3Q Income Declines
Forward Air Corp. said late Wednesday its third-quarter profit fell to $3.8 million, or 13 cents per share, from $12.1 million, or 42 cents, a year ago.
October 21, 2009Producer Price Index Falls in September
Prices paid to U.S. producers fell 0.6% in September, the Labor Department said Tuesday.
October 20, 2009DOT Sets $21 Million for Hazmat First Responders
The Department of Transportation said Monday it was handing out $20.9 million to states to help train first responders dealing with hazardous materials incidents.
October 19, 2009New FHWA Chief to Look at Big-Picture Transport Issues
Once the economy recovers and freight traffic begins to grow again, the nation needs to look at broad transportation issues that address everything from funding to livability, newly appointed Federal Highway Administrator Victor Mendez said.
October 19, 2009Company Awarded FMCSA Contract to Screen Drivers
NIC Technologies LLC said Tuesday it has been awarded the contract to oversee the Federal Motor Carrier Safety Administration’s pre-employment screening system for truck and bus drivers.
October 20, 2009