29 Oct Hub Group’s Q3 Earnings Lower as Pricing Issues Squeeze Profits Hub Group reported lower third-quarter earnings as pricing issues hurt its profit margin. Read more...
29 Oct Defense Sales Brighten Allison Q3 Results Allison Transmission Holdings Inc. reported lower net income and revenue in the third quarter as its defense segment contributed higher sales. Read more...
29 Oct C.H. Robinson Reports Drop in Q3 Earnings C.H. Robinson Worldwide posted a dip in third-quarter profits as it got squeezed between freight contracts and the cost of shipping the cargo. Read more...
29 Oct Pelosi Wants ‘Big’ Health Care, Infrastructure Push in 2021 House Speaker Nancy Pelosi is preparing a 2021 legislative agenda with two “great, big initiatives” — expanding health care access and rebuilding American infrastructure — that are longtime Democratic priorities aligned with Joe Biden’s platform and taking on fresh urgency in the COVID-19 crisis. Read more...
29 Oct September Used Class 8 Sales Flat The price of the average used Class 8 sold in September neared $40,000, building on recent gains, and sales were nearly flat compared with a year earlier, ACT Research reported. Read more...
29 Oct Echo Global Logistics Posts Higher Q3 Profit, Revenue Echo Global Logistics posted higher third-quarter profits and revenue on the strength of freight volume. Read more...
29 Oct Saia Reports 26% Net Income Gain in Q3 Saia Inc. posted a strong gain in profit even as revenue grew modestly in the third quarter. Read more...
29 Oct Schneider National Reports Increased Net Income in Q3 Schneider National saw net income soar during the third quarter as demand surged, the company reported Oct. 29. Read more...
29 Oct TuSimple to Build Hub in Texas, Expects Fully Driverless Routes in 2021 Global automated trucking company TuSimple is setting up shop at AllianceTexas’ newly launched Mobility Innovation Zone, which it hopes will bolster a national expansion and fully driverless testing. Read more...
29 Oct New TIA President Anne Reinke Details Leadership Approach New Transportation Intermediaries Association chief Anne Reinke plans to lead by supporting and enhancing what already is working. Read more...