GO
Loading...

Trucking

More

  • Portfolio plays: Pro trading trucks for planes   Friday, 17 Apr 2015 | 8:17 AM ET
    Portfolio plays: Pro trading trucks for planes

    Craig Hodges, The Hodges Fund, explains why he is swapping out Swift Transportation and adding American Airlines to his portfolio.

  • Marten Transport beats 1Q profit forecasts Tuesday, 14 Apr 2015 | 4:16 PM ET

    MONDOVI, Wis. _ Marten Transport Ltd. on Tuesday reported first-quarter profit of $10.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Marten Transport shares have climbed roughly 10 percent since the beginning of the year.

  • JB Hunt beats 1Q profit forecasts Tuesday, 14 Apr 2015 | 8:21 AM ET

    LOWELL, Ark. _ JB Hunt Transport Services Inc. on Tuesday reported first-quarter net income of $91.9 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. Nine analysts surveyed by Zacks expected $1.54 billion.

  • LONDON, March 17- Demand for oil is intimately connected to the demand for transportation in the United States and the other advanced industrial economies. Cars, trucks, airlines, railways and shipping accounted for 71 percent of total U.S. oil consumption in 2013, according to the U.S. Bureau of Transportation Statistics. Petroleum-derived fuels, including...

  • Intermodal shipping: Trucks vs. trains   Wednesday, 11 Mar 2015 | 7:18 AM ET
    Intermodal shipping: Trucks vs. trains

    CNBC's Morgan Brennan reports cheaper diesel fuel is making trucking over long distances less expensive than rails to transport products. But Erik Hansen of KS Southern, disagrees.

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, Brazil's second-largest soy export port, now...

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil on Friday after police began fining and arresting protesters who have slowed grain deliveries in the commodities powerhouse. But silos at Paranagua, Brazil's second-largest port for soy exports, now have enough soybeans to keep filling ships until March 3, rather than...

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, the second-largest soy export port in Brazil,...

  • SAO PAULO, Feb 26- Brazilian truckers continued a nine-day-old strike on Thursday, unmoved by an initial government offer to meet some of their demands or by threats of hefty fines. The strike, which spread from a few road blocks on Feb. 18 in the main soybean state of Mato Grosso to 91 blockades across nine states on Thursday, has caused lines at filling stations and...

  • Brazil's government told truckers and transport companies late on Wednesday it would extend a year of free financing for vehicles from a state development bank and help truckers and transport companies work out a framework for setting freight rates. Although the flow of trucks was normal in Brazil's richest state of Sao Paulo, which guaranteed normal...

  • Brazil's government told truckers and transport companies late Wednesday it would extend a year of free financing for vehicles from a state development bank, keep diesel prices unchanged for six months, and help truckers and transport companies work out a framework for setting freight rates. The strike has disrupted food and fuel supplies in at least 10 of...

  • It is still unclear whether the late night offer will satisfy the strikers, whose actions have disrupted food and fuel supplies in 10 of Brazil's 26 states. Highway operator Rota do Oeste in Brazil's top soybean state of Mato Grosso, where the strike started, said truckers are expected to maintain road blockages through the night. The truckers' strike has added to...

  • Agriculture Minister Katia Abreu said after a meeting with truckers in Brasilia on Wednesday afternoon that she was confident both sides would reach agreement. Truckers and transport companies failed to reach an agreement over freight rates by the end of the government-led talks Wednesday evening, said Blairo Maggi, a prominent senator from the leading...

  • Rota do Oeste, the company that runs the main highway in Brazil's leading soybean state of Mato Grosso where the trucker protest started on Feb. 18, said trucks continue parked along the shoulders in several cities of the state on Wednesday. Brazil's attorney general said on Monday it would begin issuing fines of 100,000 reais to truckers or logistics companies...

  • SINOP, Brazil, Feb 24- Brazilian truck drivers protesting high fuel prices for a seventh day on Tuesday interrupted supplies of diesel and raw materials across the country and threatened to hold up grains exports at ports in the middle of a record harvest. President Dilma Rousseff called an emergency meeting, hoping to defuse the strikes, which threaten the...

  • SINOP, Brazil, Feb 24- A growing protest by Brazilian truck drivers against high fuel prices entered a seventh day on Tuesday, interrupting supplies of diesel and food across several commodity-rich states at the start of harvest season. Truckers started restricting the flow of goods along BR 163, the main highway running through top soybean-producing state...

  • TORONTO, Feb 23- A looming lockout at Canada's biggest railway threatens to delay imports from Asia and may compound a U.S. West Coast port logjam unless last-ditch contract talks succeed on Monday. CN Rail operates freight trains on tracks across Canada and the United States, but Unifor represents only Canadian workers. Ontario- based automakers such as Ford...

  • TORONTO, Feb 23- A looming lockout at Canada's biggest railway threatens to delay imports from Asia and may compound a U.S. West Coast port logjam unless last-ditch contract talks succeed on Monday. CN Rail operates freight trains on tracks across Canada and the United States, but Unifor represents only Canadian workers. A lockout could spur disruptions of...

  • SAO PAULO, Feb 20- Truckers protesting high diesel prices in Brazil used road blocks to restrict the flow of soy, corn and other commodities in a key grain-growing region for a third day on Friday, threatening what is expected to be a record harvest. A group of transport companies and independent truckers are blocking the flow of goods on the main highway and other...

  • Trucker YRC Worldwide posts operating profit Thursday, 5 Feb 2015 | 4:53 PM ET

    Feb 5- Trucking company YRC Worldwide Inc reported a quarterly operating profit, helped by a $5.8 million gain on asset disposals. YRC recorded an operating income of $31.2 million for the fourth quarter ended Dec. 31, compared with an operating loss of $1.6 million, a year earlier. Revenue rose marginally to $1.22 billion.