Entries for October 2017

Forward Air Posts Solid Year-Over-Year Gain in Profits

Forward Air Corp. had a steady third quarter with its results slightly topping analysts’ forecasts, indicating the for-hire carrier is moving at a measured pace for the year.

Landstar Announces Strong Results in Third Quarter

Landstar System posted stronger-than-expected earnings Oct. 25, with net income rising 17% year-over-year in the third quarter, easily surpassing the Bloomberg News consensus forecast.

Used-Truck Sales Climb in September, Powered by Retail Transactions

Class 8 used-truck sales rose in the retail market nearly 30% in September, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.

Direct ChassisLink Inc. Acquires Trac Intermodal’s Domestic Chassis Fleet

Direct ChassisLink Inc. has signed an agreement to make a major acquisition, purchasing the entire domestic chassis fleet from competitor Trac Intermodal.

Trump’s Economic Adviser Floats Idea of Gas Tax Hike for Infrastructure

President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said.

Direct ChassisLink Inc. Acquires TRAC’s Domestic Chassis Fleet

Direct ChassisLink Inc. has signed an agreement to make a major acquisition, purchasing the entire domestic chassis fleet from competitor Trac Intermodal.

Canadian Trucking Groups Call for Zero Tolerance as Marijuana Legalization Looms

Canadian trucking associations are calling for a zero-tolerance policy for marijuana use among drivers as the country prepares to legalize the drug for recreational purposes in July 2018.

Maryland Governor Promises Traffic Signals With Artificial Intelligence to Ease Highway Congestion

Amazon’s Dream of Drone Deliveries Get Closer With Trump’s Executive Order

Drone deliveries got a step closer to reality as the White House issued an order giving local governments more authority to conduct tests of the burgeoning new technology.

Illinois Considering Closing Some Highway Rest Areas

The state of Illinois is considering how to rehab, or possibly close, some state rest areas, and has even launched a public survey about travelers’ likes and dislikes of the Interstate highway stops — drawing thousands of responses so far.