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Road and Rail Trucking

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  • Old Dominion beats 2Q profit forecasts Thursday, 30 Jul 2015 | 8:33 AM ET

    THOMASVILLE, N.C. _ Old Dominion Freight Line Inc. on Thursday reported second-quarter profit of $85.6 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share. Four analysts surveyed by Zacks expected $768.5 million.

  • Con-way misses Street 2Q forecasts Wednesday, 29 Jul 2015 | 7:54 PM ET

    ANN ARBOR, Mich. _ Con-way Inc. on Wednesday reported second-quarter profit of $44 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. Con-way shares have decreased 21 percent since the beginning of the year.

  • C.H. Robinson tops 2Q profit forecasts Tuesday, 28 Jul 2015 | 4:33 PM ET

    EDEN PRAIRIE, Minn. _ C.H. Robinson Worldwide Inc. on Tuesday reported second-quarter net income of $137.2 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share. Nine analysts surveyed by Zacks expected $3.68 billion.

  • Swift Transportation meets 2Q profit forecasts Monday, 27 Jul 2015 | 4:07 PM ET

    PHOENIX _ Swift Transportation Co. on Monday reported second-quarter profit of $51 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share. Swift Transportation shares have declined 25 percent since the beginning of the year.

  • *Farmers, taxi drivers, ferry workers show law-breaking pays. PARIS, July 24- Less than a year since France abandoned its "ecotax" on truckers after protesters destroyed the equipment built to collect it, similar strongarm tactics look to be working for the nation's farmers, cab drivers and ferry workers. Ferry workers who have repeatedly blocked the Channel...

  • Universal Truckload beats 2Q profit forecasts Thursday, 23 Jul 2015 | 6:21 PM ET

    WARREN, Mich. _ Universal Truckload Services Inc. on Thursday reported second-quarter net income of $13.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • P.A.M. Transportation posts 2Q profit Thursday, 23 Jul 2015 | 10:48 AM ET

    TONTITOWN, Ark. _ P.A.M. Transportation Services Inc. on Thursday reported second-quarter earnings of $7 million. On a per-share basis, the Tontitown, Arkansas- based company said it had profit of 94 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Knight Transportation beats 2Q profit forecasts Wednesday, 22 Jul 2015 | 9:09 AM ET

    PHOENIX _ Knight Transportation Inc. on Wednesday reported second-quarter profit of $27.6 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. Knight Transportation shares have declined 17 percent since the beginning of the year.

  • BARRANCABERMEJA, Colombia, July 9- The hulking backhoe dredges up rocks and silt from the shallows of the muddy Magdalena River in the first laborious step to transform the waterway into an engine of economic growth. By clearing logjams, the aim is to allow big cargo barges to steam up 900 km from the Caribbean coast to Puerto Salgar, close to the capital Bogota.

  • Obama wants big trucks to go green Friday, 19 Jun 2015 | 12:00 PM ET
    Obama wants big trucks to go green

    The Obama Administration is prepared to announce new carbon emission regulations for the trucking industry.

  • Truckers also want consistent standards throughout the country instead of a separate state rule in California. The EPA has said it intends to propose "performance-based" standards, allowing truck makers and operators to hit the target either through the engine, aerodynamic add-ons to trucks and trailers or software to make driving more fuel efficient.

  • CORRECTED-YOUR MONEY-Graduating into the family business Wednesday, 3 Jun 2015 | 10:36 AM ET

    NEW YORK, June 2- There is one big advantage 23- year-old Clint Morrison has found joining his family's business fresh upon graduating from Rider University: he has a job, while most of his friends do not. The Morrison family business, Benefit Design Specialists Inc, administers employee benefit plans for small businesses and is based in Mechanicsburg,...

  • YOUR MONEY-Graduating into the family business Tuesday, 2 Jun 2015 | 9:30 AM ET

    NEW YORK, June 2- There is one big advantage 23- year-old Clint Morrison has found joining his family's business fresh upon graduating from Rider University: he has a job, while most of his friends do not. The Morrison family business, Benefit Design Specialists Inc, administers employee benefit plans for small businesses and is based in Mechanicsburg,...

  • EAST DUBUQUE, Illinois, May 25- Mario Enriquez says there's no real trick to getting great fuel mileage in a big truck. Enriquez averaged 9.74 miles per gallon from February to April in an International ProStar made by Navistar International Corp. For that, his employer, Mesilla Valley Transportation, awarded him a Nissan Versa compact car.

  • WASHINGTON, May 23- The U.S. Senate early on Saturday passed a two-month spending extension for federal transportation projects that puts off a decision on long-term funding for road, bridge and rail transit projects until the height of the summer construction season. The White House said Obama would sign the short-term fix if work continues towards a...

  • WILLISTON, N.D., May 6- Aiming to show the human side of North Dakota's oil industry, the Smithsonian Channel's "Boomtowners" chronicles the highs and lows of transplants to one of the nation's fastest-growing economies. Instead, "Boomtowners" tells the stories of some of the thousands of people who relocate to rural North Dakota for a fresh start in the oil boom,...

  • California port truckers end strike after four days Friday, 1 May 2015 | 5:36 PM ET

    LOS ANGELES, May 1- Southern California port truckers seeking recognition as employees rather than contractors ended a strike of freight-hauling companies on Friday after four days of picketing that drew attention to their cause but did little to disrupt cargo shipments. Several hundred drivers, backed by the Teamsters union, struck four trucking firms...

  • LOS ANGELES, April 29- Striking port truckers seeking recognition as employees rather than as independent contractors for their companies picketed a rail yard on Wednesday as they called again on the mayors of Los Angeles and Long Beach to weigh in on drivers' behalf. The four companies- Pacific 9 Transportation, Intermodal Bridge Transport, Pacer Cartage, and...

  • LONDON, April 29- By focusing on operational improvements, shipping companies are reducing fuel consumption, saving money and cutting greenhouse emissions, while continuing to increase the amount of freight transported. Maersk Line, the world's largest container carrier, cut fuel consumption by more than 13 percent between 2012 and 2014, while increasing...

  • LOS ANGELES, April 27- Tractor-trailer drivers who haul freight from the ports of Los Angeles and Long Beach went on strike against four trucking firms on Monday, demanding recognition as employees rather than contractors in a move reviving labor tension around the country's busiest cargo hub. Delegations of drivers notified the companies of their intent to...