Entries for October 2017

Old Dominion Scores Win in 3Q Earnings, Surges Past Wall Street Forecasts

Old Dominion Freight Line Inc. reported a 20% climb in profits to $102.3 million, or $1.24 per share, in third-quarter profits. The results were 8 cents better than the Bloomberg News consensus forecast of analysts.

ATA Takes Aim at Driver Shortage

ORLANDO, Fla. — Trucking and government leaders at American Trucking Associations’ annual Management Conference & Exhibition set their sights on solving perhaps the industry’s most persistent challenge — recruiting and retaining professional drivers.

China’s Uber-for-Trucks Apps Trade Barbs as Battle Turns Toxic

Harassing phone calls, spam text messages and police investigations — the fight between China’s Uber-for-trucks apps is getting nasty.

XPO Logistics-Teamsters Battleground Shifts to New Haven

The International Brotherhood of Teamsters is duking it out with XPO Logistics on a new front recently after 73 employees petitioned to remove Local 443 as their representative.

Alphabet’s Waymo Will Test Self-Driving Cars in Snowy Detroit

The self-driving cars Google designed are going to the snow -- and the seat of the car industry.

Driverless Truck Completes Delivery at ExxonMobil Facility in Singapore

Belgian logistics group Katoen Natie has started operating its first driverless truck at ExxonMobil’s manufacturing site on Jurong Island in Singapore.

Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck

Daimler AG is jumping the gun on Tesla Inc. by showing off a battery-powered heavy-duty truck weeks before the California electric-car maker’s own planned unveiling, in a sign of the growing rivalry between the companies.

Rush Reports Record Quarterly Earnings on Higher Truck Sales, Aftermarket Strength

National truck dealership Rush Enterprises Inc. posted record quarterly profits as net income and revenue rose in the third quarter.

Dana Reports Higher 3Q Net Income, Revenue

Dana Inc. reported third-quarter gains in net income and revenue, with a third-quarter net income of $73 million, or 46 cents per share, compared with $61 million, or 39 cents, in the same period last year.

Senate Panel Schedules Hearing With FMCSA Nominee Ray Martinez