30 Jan Covenant Reports Higher 4Q Profits Covenant Transportation Group reported higher profits from its dry van and refrigerated truckload operations in the final quarter of 2017, but earnings for the full year declined as the company was unable to supply enough trucks to take full advantage of increased demand for freight shipping during the peak holiday season. Read more...
29 Jan Werner Profits Climb Despite Logistics Challenges Werner Enterprises reported fourth-quarter net income of $30.6 million Jan. 29, or earnings per diluted share of 42 cents, beating expectations of analysts surveyed by Bloomberg of $27.8 million and 39 cents per share. Earnings per share in the year-ago quarter was 30 cents. Read more...
29 Jan Diesel Rises 4.5¢ to $3.070 a Gallon The U.S. average retail price of diesel popped 4.5 cents to $3.070 as oil increased to more than $65 a barrel. Read more...
29 Jan Europe to Trump: If You Want a Trade War, You’ll Get One The European Union gave President Donald Trump a fresh warning about any U.S. curbs on imports from Europe by pledging rapid retaliation, highlighting the persistent risk of a trans-Atlantic trade war. Read more...
29 Jan Capitol Agenda for the Week of Jan. 29: State of the Bridges One-fifth of Iowa’s bridges are structurally deficient, as are more than 4,100 bridges in Pennsylvania. Twenty-three percent of bridges in Rhode Island are in that category. And, Washington, D.C., has eight of them. What's Congress going to do about them? Here's a look at the week ahead for trucking on Capitol Hill. Read more...
29 Jan Why Self-Driving Cars Will Likely Be Light-Colored The issue involving something as simple as choice of paint color underscores the sweeping effects of self-driving cars for automotive engineering, said Samit Ghosh, CEO of automotive consulting and engineering firm P3 North America. Read more...
29 Jan US Says ‘Some Progress’ Was Made at Latest NAFTA Talks The U.S., Canada and Mexico said they’ve made some progress in the latest round of NAFTA talks, while America’s trade chief warned he’d like negotiations to speed up. Read more...
29 Jan Tiger Cool Express Adds Two New Executives Refrigerated intermodal carrier Tiger Cool Express added two veteran transportation executives to its management team. Read more...
29 Jan FedEx to Borrow $1.5 Billion for Contribution to Pension Plan After Tax Changes FedEx Corp. is borrowing $1.5 billion to fund a contribution to its pension plan that it announced after the passage of U.S. tax law changes. Read more...
29 Jan Crossword Puzzle Solution January 29, 2018 Here's the solution to the crossword puzzle found in the January 29, 2018 print edition. Read more...