UPS announced diluted earnings per share of 88 cents for the first quarter of 2011, a 24 percent improvement over the adjusted 71 cents for the prior-year period. Global revenue grew 7.3 percent, producing a… Read More »UPS Q1 Earnings Up 24%
Updated: 4/28/2011 8:20:00 AM Norfolk Southern Corp.’s first-quarter profit rose from the same quarter last year on higher freight levels, the Eastern freight railroad said late Wednesday. Net income rose to $325 million, or 90… Read More »Norfolk Southern's 1Q Profit Improves
Prepared Remarks by Anne S. FerroFMCSA AdministratorCVSA WorkshopGeneral SessionRosemont, IL Introduction Good morning everyone. Thank you very much, Captain Dowling. I’m honored to be here today with so many of our state and local law… Read More »Remarks to the CVSA Workshop General Session
A driver for Schneider National, which has been an industry leader in sleep apnea testing, demonstrates the equipment used to treat the condition. By Oliver B. Patton, Washington Editor The next step in the federal… Read More »FMCSA Advisory Committee to Make Recommendations on Sleep Apnea
Updated: 4/27/2011 1:45:00 PM Volvo AB Wednesday said its first-quarter sales and net income increased as worldwide truck sales rose. Sweden-based Volvo AB’s net income more than doubled to $607 million, while sales rose 22%… Read More »Volvo's Income, Truck Sales Increase
Prepared Remarks by Anne S. FerroFMCSA AdministratorFMCSA MCSAP Leadership ConferenceRosemont, IL April 11, 2011 Introduction Good morning everyone. Thank you very much, Captain Dowling. I’m honored to be here today with so many of our… Read More »Remarks to the FMCSA MCSAP Leadership Conference
Average freight rates continue to rise, according to the First Quarter Business Expectations Survey by Transport Capital Partners, with larger carriers reporting smaller increases than the smaller companies. Most of the rate increases were less… Read More »Carrier Survey Finds Rates Up For Majority
Updated: 4/26/2011 1:30:00 PM The Commercial Vehicle Safety Alliance will hold its annual Roadcheck event June 7-9, CVSA said in a statement. The 72-hours event will bring roadside inspectors to more than 1,000 checkpoints on… Read More »CVSA's Roadcheck Set for June 7-9
Jonathan Eilen of Hampton, Minn., won the 2010 National Association of Show Trucks’ Truck-Lite Trophy Series competition. In addition to the trophy, Eilen was presented with a $5,000 check. Eilen qualified for the trophy when… Read More »Jonathan Eilen Wins NAST Truck-Lite Trophy
Updated: 4/22/2011 1:30:00 PM Oil finished the trading week over $112 a barrel and the Obama administration will examine the role of traders and speculators in oil markets and their contribution to high fuel prices,… Read More »Oil Finishes Week Over $112; Obama Administration to Probe Speculation
Jimmy Wink and one of his round-bottom dump trailers at the Mid-America Trucking Show last month. (Photo by Tom Berg) “Trailer Talk” blog by Tom Berg, Senior Editor There are almost as many stories at… Read More »From trucker to trailer maker
Updated: 4/21/2011 10:15:00 AM Forward Air Corp.’s first-quarter net income rose to $7.9 million, or 27 cents a share, from $3.4 million, or 12 cents, a year ago. Revenue rose 12.3% to $120.2 million, the… Read More »Forward Air's 1Q Income More than Doubles