Business: Page 997

USA Truck reports $600,000 2Q profit

USA Truck Inc. on Thursday, July 21, announced base revenue of $108.5 million for the second quarter ended June 30, an increase of 14.3 percent from $94.9 million for the same quarter of 2010. Net income was $0.6 million compared to $0.9 million. Base revenue increased 13.0 percent to $208.1 million for the six months […]

July 21, 2011

Vitran posts $2.3M 2Q net loss from continuing ops

Vitran Corp. Inc. on Thursday, July 21, reported a 23.1 percent increase in revenue to $208.9 million for the quarter ended June 30 compared to $169.7 million for the second quarter of 2010. Adjusting for the impact of foreign exchange on Vitran’s Canadian operations, consolidated revenue increased 20.5 percent. Vitran recorded a net loss from […]

July 21, 2011

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J.B. Hunt announces several executive management changes

J.B. Hunt Transport Services Inc. on Thursday, July 21, announced several executive management changes. Paul Bergant, president of Intermodal and chief marketing officer, and Bob Ralston, executive vice president, maintenance, properties and equipment, both are retiring from their current executive duties on Dec. 31. Don Cope, senior vice president, controller and chief accounting officer, will […]

July 21, 2011

FedEx Trade Networks offers multiple ocean freight forwarding solutions

FedEx Trade Networks, an international ocean and air freight forwarder, announced that it now is offering three international ocean freight forwarding solutions via its new ocean choices portfolio. By offering three solutions, FedEx Trade Networks says it has enabled customers to choose and implement the ocean service that best fits their supply chain needs, whether […]

July 21, 2011

Port group, U.S. trade reps sign export initiative

Committing to work together to help increase U.S. exports, the American Association of Port Authorities and the U.S. Department of Commerce’s International Trade Administration signed a memorandum of intent implementing the “Partnership with America’s Seaports to Further the National Export Initiative,” supporting President Obama’s goal of doubling exports in 2010. Under the agreement, ITA and […]

July 21, 2011

Meritor makes changes to executive management team

Meritor Inc. on Thursday, July 21, announced changes to its executive management team, effective immediately. Tim Bowes, previously responsible for the company’s Industrial segment, was appointed vice president and president, Commercial Truck. Bowes, who recently returned to the United States after spending three years in China, now will assume responsibility for the company’s drivetrain systems […]

July 21, 2011

eCustoms offers e-manifest border crossing solution

eCustoms says its Visual Gateway Suite is a collection of Web-based solutions that help importers, carriers and customs brokers shipping goods into Canada and the United States comply with advance electronic cargo and conveyance notification regulations. The e-Manifest solution is designed to enable carriers to easily validate and electronically submit shipments and trips to customs […]

July 21, 2011

Minimizer announces initiatives to enhance productivity, service

Minimizer recently announced a consortium of initiatives targeting improved manufacturing turn time and improved sales channel product flow to create significant improvements in manufacturing and sales processes. Manufacturing improvements include: • A new research and development department creating new products for key markets, improving engineering of existing product as well as enhanced fender styles; • […]

July 21, 2011

Paragon targets lowering cost of multiple frequency deliveries

Paragon Software Systems says private fleets and transportation companies will benefit from important improvements to its route optimization software. The company says it has enhanced the geographic clustering of customers and workload balancing capabilities of the Multi Period Planner module so that multiple frequency deliveries are more efficient. The software is designed to provide improved […]

July 21, 2011

Dana helps bring green power to market

Dana Holding Corp. on Thursday, July 21, announced that it successfully is introducing new technologies that are helping automakers bring alternative-energy vehicles to market. Dana has developed both air and liquid battery cooling technologies for a number of electric and hybrid-electric vehicles, most recently an electric vehicle sedan to be launched in Europe by a […]

July 21, 2011

ALK recognized for role in off-hours freight delivery program

ALK Technologies Inc. announced that it has won the Project of the Year in Freight Management Award from the Intelligent Transportation Society of New York at the 18th annual ITS-NY Meeting and Technology Exhibition in Saratoga Springs, N.Y. ALK contributed insights and technology to the “Integrative Freight Demand Management in the New York City Metropolitan […]

July 21, 2011

Snap-on says trade-in your old torque wrench for a new one

Snap-on will give customers a free 10-piece deep socket set with a trade-in of an old torque wrench and purchase of a new TechAngle torque wrench. “We really want our customers to ‘torque it up’ and see what a difference our TechAngle torque wrenches make in productivity and efficiency,” says Gerry Beronja, director of customer […]

July 21, 2011

Werner says 2Q net income up 31%

Werner Enterprises Inc. on Wednesday, July 20, reported net income for the second quarter ended June 30 rose 31 percent to $27.5 million from $20.9 million during the same period a year ago. Revenue was up 11 percent to $515.9 million; excluding fuel surcharges, revenue was up 2 percent. Werner said it produced continued strong […]

July 20, 2011

Forward Air reports higher 2Q earnings

Forward Air Corp. on Wednesday, July 20, said operating revenue for the quarter ended June 30 increased 8.3 percent to $132.2 million from $122.1 million for the same quarter in 2010. Income from operations was $19.9 million compared with $13.5 million. As a percent of operating revenue, income from operations increased to 15.1 percent from […]

July 20, 2011

Dart cuts 67 nondriving jobs

Dart Network has eliminated 67 nondriving jobs to allow the Minnesota-based company to focus resources on recruiting and retaining truckers. Dart Network has more than a dozen companies, including Dart Transit Co., the truckload dry van carrier. On July 18, Dart Transit cut 48 nondriving support jobs, while Dart Network reduced staff by 19. The […]

July 20, 2011

Trimble to acquire PeopleNet

Trimble announced that it has signed an agreement to acquire privately-held PeopleNet, a leading provider of integrated onboard computing and mobile communications systems for fleet management. PeopleNet provides fleets with software and hardware solutions that help manage regulatory compliance, fuel costs, driver safety and customer visibility. The transaction is expected to close in the third […]

July 20, 2011

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Navistar Financial renews $500M dealer inventory funding facility

Navistar Financial Corp. has signed an agreement for a one-year renewal of a $500 million dealer floor plan funding facility, effective immediately. This facility is funded through two of NFC’s major relationship banks. NFC continues to facilitate the majority of customer finance needs in the United States through Navistar Capital, its retail program formed last […]

July 20, 2011

Echo Global offers mobile app for tracking shipments

Echo Global Logistics Inc., a provider of transportation and supply chain management services, announced the launch of EchoTrak Mobile, the company’s first free mobile app. EchoTrak Mobile is designed to allow supply chain managers to track and manage shipments with any Apple iPhone, iPad or iPod Touch devices and Google’s Android phone and tablet platforms. […]

July 20, 2011

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Hub Group's acquisition of Marten Intermodal more than doubles the intermodal giant's temp-controlled business.

Hub Group acquires Marten's intermodal business

Marten Intermodal acquisition will increase Hub Group's refrigerated container count by 1,200 units, more than doubling the company's temp-controlled capacity.

Schneider is the only carrier that operates a single-rail cross-border intermodal solution and has rapidly grown its intermodal market share of cross-border freight between the United States and Mexico, while setting industry benchmarks in speed, security and reliability on the CPKC rail network.

Schneider's business is booming at the border

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Truckload market recovery slows amid freight volatility

Trump’s emissions rollback: What motor carriers & private fleets must know

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Trucking industry faces mixed signals as tariffs, soft freight, and surplus trucks cloud outlook

Get all the info on the top 250 trucking companies in America

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In House or Outsourced Maintenance

The decision between bringing fleet maintenance in-house versus outsourcing is a pivotal one that could significantly affect your operations.