Updated: 2/14/2011 4:45:00 PM Forward Air Corp. said late Monday its fourth-quarter net income almost doubled, to $11.8 million, or 41 cents per share, from $6.3 million, or 22 cents, a year earlier. Revenue rose… Read More »Forward Air's 4Q Income Almost Doubles
“Frac” tanks pause in Ohio en route from Delaware to Colorado. Manufacturer’s specs say they hold up to 21,000 gallons and are used at construction sites to store water and at oil and gas wells… Read More »'What Are Those Things?' Liquid Storage Tanks, That's What
Updated: 2/14/2011 8:10:00 AM President Obama unveiled a $3.7 trillion budget Monday that includes funding for a $50 billion “infrastructure bankâ€� aimed at triggering private investment for some projects, Bloomberg reported. The administration’s plan would… Read More »Obama Delivers $3.7 Trillion Budget to Congress
The Ceridian-UCLA Pulse of Commerce Index fell 0.3 percent in January, giving up some, but retaining much of December’s exceptional 1.8 percent sequential gain. On a year-over-year basis, the PCI increased 3.4 percent in January,… Read More »January Ceridian-UCLA Pulse of Commerce Index Posts 14th Consecutive Month of Year-over-Year Growth
Updated: 2/11/2011 10:45:00 AM Iteris Inc., which makes lane-departure warning systems for the trucking industry, said it had a net loss in its third fiscal quarter. The loss was $7 million, or 20 cents per… Read More »Iteris Reports Loss for Fiscal 3Q
Dana Holding Corporation has taken action to become a full-service provider of driveline systems in the growing South American commercial vehicle business. The company completed a strategic transaction with SIFCO S.A., a leading producer of… Read More »Dana Becomes the Leading Full Driveline Supplier in South American CMV Market
Updated: 2/11/2011 11:00:00 AM Express-1 Expedited Solutions’ second-quarter profit rose to $820,000, or 2 cents per share, from $601,000, or 2 cents, a year earlier. Revenue grew 31% to $41.6 million, the company said late… Read More »Express-1 Reports Improved 4Q Profit
Cummins Inc. has announced the release of its High Output 6.7-liter Turbo Diesel for Ram Heavy Duty pickup trucks. The new high-output rating produces peak torque of 800 lb ft. With 800 lb ft of… Read More »Cummins Announces High Output 6.7L Turbo Diesel
Updated: 2/11/2011 11:15:00 AM Consumer confidence rose to an eight-month high in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday. The preliminary index for the month rose to a 75.1… Read More »Consumer Confidence Hits Eight-Month High
Organizers at the American Trucking Associations’ Technology and Maintenance Council were very encouraged by attendance and membership figures at its annual meeting this week in Tampa, Fla. There were more than 2,700 people at this… Read More »TMC Attendance, Membership Up Significantly
Updated: 2/9/2011 10:15:00 AM Logistics firm DHL said it will spend $22.5 million to expand its hub at Cincinnati/Northern Kentucky International Airport, adding nine new aircraft gates. The project will begin in March, and will… Read More »DHL to Expand Cincinnati Airport Hub
One worker can adjust Lift-A-Deck II’s shoring beams to accommodate cargo below and support freight that will be placed on the beams. Integral securement straps keep freight from shifting and falling. “Trailer Talk” blog by… Read More »Ancra Load Decking System Adds Payload, Cuts Freight Damage, User Says