Truckload carrier Knight Transportation said Wednesday its second-quarter profit jumped 26% to $15.8 million, or 19 cents a share, from $12.6 million, or 15 cents, a year ago.
July 21, 2010BusinessLogistics
Hub Group鈥檚 Second-Quarter Earnings Increase
Logistics and intermodal firm Hub Group鈥檚 second-quarter profit rose 16% to $9.6 million, or 26 cents a share, from $8.3 million, or 22 cents, a year ago.
July 21, 2010Business
Arkansas Best Cuts 2Q Loss in Half
Arkansas Best Corp. said Wednesday its second-quarter loss was half that of a year ago, as revenue and tonnage improved.
July 21, 2010Business
Eaton鈥檚 2Q Profit Jumps
Vehicle parts manufacturer Eaton Corp. said Wednesday its second-quarter profit jumped as its truck segment sales improved 53%.
July 21, 2010BusinessLogistics
Marten鈥檚 Second-Quarter Income Rises 15%
Refrigerated truckload carrier Marten Transport鈥檚 second-quarter profit rose 15.2% as its logistics operations expanded.
July 20, 2010GovernmentBusiness
I-5 鈥楥orridor Toll鈥 Proposed for Columbia River Crossing
The mayor of Vancouver, Wash., has proposed using a 鈥渃orridor toll鈥 on Interstate 5 that would require motorists to help pay for the Columbia River Crossing, a project replacing the existing bridge and most recently estimated to cost $3.6 billion.
July 20, 2010GovernmentBusiness
Pennsylvania Turnpike Tolls to Rise in January
Truckers without E-ZPass will pay about 10% more than they do today to run the Pennsylvania Turnpike under a new rate schedule scheduled to take effect in January.
July 20, 2010GovernmentBusinessSafety
N.J. Exempts Truckers鈥 CBs from Handheld-Device Ban
New Jersey has exempted truck drivers using with CBs and two-way radios from its prohibition against using handheld communication devices while driving.
July 20, 2010GovernmentBusiness
Virginia Gov. Wants to Privatize Liquor Sales for Road Money
Virginia Gov. Bob McDonnell (R) wants to take the state out of the retail liquor business by privatizing its system of state-owned stores in order to generate much-needed cash for transportation projects.
July 20, 2010Business
Housing Starts Fall 5%; Building Permits Improve
Housing starts fell 5% in June following expiration in April of a home sales tax credit, the Commerce Department said Tuesday.
July 20, 2010