10 May Radiant Logistics Posts $396,000 Profit, Beating 2016 Levels Radiant Logistics made $396,000 in profit in the fiscal third quarter, representing January through March 2017, reversing a $2.2 million loss one year ago. Read more...
10 May Nikola Motor Co. Outlines Progress on Hydrogen-Electric Class 8 Nikola Motor Co. is considering several changes related to its planned hydrogen-electric Class 8 trucks, the company told those who have made reservations and placed refundable deposits. Those changes include chassis design and leasing options. Read more...
10 May Daseke Inc. Posts Net Loss in First Quarter, Sees Market Improvement in 2017 Daseke Inc. reported a net loss in its first earnings report since going public in February. However, company executives said the results were consistent with expectations and that recent gains in pricing and demand should bolster revenue and profits later in the year. Read more...
10 May Pennsylvania Town Tables Proposed Werner Facility, Again The need for a pavement study and intersection analysis kept a proposed trucking facility in Palmer Township, Pa., from gaining planning board approval. Read more...
10 May Autonomous Containership to Make Debut in 2020 Norwegian fertilizer company Yara plans to partner with manufacturer Kongsberg to build an autonomous ship to reroute its cargo from roads to the water. Read more...
10 May After Four-Year Slide, South Florida Trade Prospects Improving The dollar volume of trade through the Miami Customs District slid for the fourth straight year in 2016, but there are indications that the long decline may be over. Read more...
10 May Petroleum, Motor Vehicles Boost US Import Prices U.S. import prices increased more than expected in April amid rising costs for petroleum products and a range of other goods, which could help boost domestic inflation and keep the Federal Reserve on course for further interest rate hikes. Read more...
10 May Feds OK $2 Million for Missouri Bridge, Road Repairs as MoDOT Continues Looking for Damage The federal government on May 10 cleared $2 million in "quick release" funds to repair Missouri's roads and bridges, with state transportation officials saying the process of assessing last week's flood damage is only just beginning. Read more...
10 May XPO Completes LTL Rebranding XPO Logistics said May 9 it has finished the rebranding of its North American less-than-truckload business a little more than 18 months after it was acquired from Con-way Inc. Read more...
09 May Missouri Officials Removed From Weigh Station Company Help Inc. Board After Conflict of Interest Concerns Representatives from the Missouri State Highway Patrol and Missouri Department of Transportation will no longer serve as board members of a trucking company in light of concerns that their involvement in the weigh station bypass industry they help regulate is a conflict of interest. Read more...