26 Oct Haldex 3Q Earnings Mixed; Renews Ties to US Truck Makers Commercial vehicle supplier Haldex AB reported net income fell and revenue inched up in the third quarter compared with a year earlier. Read more...
26 Oct ITS America Finds New Leader in Shailen Bhatt, Departing Colorado DOT Chief The Intelligent Transportation Society of America announced Oct. 26 that Shailen Bhatt will serve as its new president. Read more...
26 Oct Outgoing ATA Chairman Kevin Burch Plans to Continue Telling Trucking’s Story Although his term ended last week as chairman of American Trucking Associations, don’t count on Kevin Burch to fade away. Read more...
26 Oct CSX Postpones Investors Day, Sending Company Stock Sliding Just one week after CSX Corp. delivered some positive news in its quarterly earnings report after service disruptions this summer, investor confidence was rocked again when the railroad carrier abruptly postponed the official Investors Day on Oct. 30. Read more...
26 Oct Editorial: A Call to Arms for Trucking There’s no shortage of issues that will shape the future of trucking. Read more...
26 Oct Jobless Claims in US Rose Last Week From a Four-Decade Low U.S. filings for unemployment benefits rose last week from the lowest level since 1973, consistent with a steady job market, Labor Department figures showed Oct. 26. Read more...
26 Oct Ryder, Echo Report Record Third-Quarter Revenue Ryder System Inc. reported record revenue but lower profits in the third quarter of 2017. Read more...
26 Oct UPS Revenues Rise, but Profits Flat in Third Quarter UPS Inc. profits essentially were flat year-over-year in the third quarter, ticking down about 0.5% or $6 million as the parcel giant also announced a 4.9% rate increase effective Dec. 24 to match other less-than-truckload carriers. Read more...
26 Oct US Goods-Trade Gap Widens to Four-Month High The U.S. merchandise-trade deficit widened to a four-month high as imports rose for the first time since April, according to preliminary figures released Oct. 26 by the Commerce Department. The report also showed inventories increased at wholesalers and fell at retailers. Read more...
26 Oct UPS Tops Third-Quarter Forecasts With $1.26 Billion in Earnings UPS is reporting third-quarter earnings of $1.26 billion, beating Wall Street estimates. Read more...