07 Feb Editorial: Make Infrastructure Great Again We were surprised that President Donald Trump did not focus more on infrastructure during last week’s State of the Union address, particularly since he chose to include some pointed language to describe the North American Free Trade Agreement. Read more...
06 Feb Echo Global Logistics Posts Record Revenue, Higher Profits in 4Q Echo Global Logistics posted record revenue and higher profits in the fourth quarter of 2018 as strong freight demand boosted demand for freight brokerage services and more shippers outsourced freight management activities. Read more...
06 Feb January Class 8 Orders Slow After Record Demand in 2018 Class 8 orders for January fell to 15,800 as backlogs already stretch out through the end of the year, according to ACT Research Co. Read more...
06 Feb Study Shines a Light on the Dangers of Speeding A new study highlighting the perils of speeding on the nation’s highways urges action by policymakers and transportation stakeholders. Read more...
06 Feb YRC Worldwide Reports 4Q Profit, Bounces Back From 2017 YRC Worldwide posted fourth-quarter 2018 net income of $21.8 million or 66 cents a share, a significant improvement compared with the year-ago period, when it lost $7.5 million and had a loss per share of 23 cents. Read more...
06 Feb Goodyear Digital System Shows 15% of Truck Tires Need Service GRAPEVINE, Texas — Goodyear Tire and Rubber Co. said during a customer event here that internal data has found that 15% to 18% of truck tires are either underinflated or have other safety-related issues. Read more...
06 Feb Seattle Port Finds a Partner for Major Upgrade to Terminal On Feb. 5, officials with the Northwest Seaport Alliance, the joint venture between the ports of Seattle and Tacoma, unveiled a tentative deal with Seattle-based Stevedoring Services of America Terminals, one of the world’s largest terminal operators, to manage a planned “big ship” loading facility on Terminal 5, just west of Harbor Island. Read more...
06 Feb ArcBest Reports Highest Yearly Revenue in Company History For-hire carrier ArcBest reported an increase in revenue but a decline in net income for the fourth quarter of 2018. Read more...
06 Feb Andrew Wheeler, Nicole Nason Nominations Advance to Senate Floor President Donald Trump’s picks to lead the country’s environmental policies and oversee the surface transportation network advanced to the Senate floor Feb. 5. Read more...
06 Feb Cummins Posts Record Annual Revenue on Engine Gains Independent engine maker Cummins Inc. reported higher net income and set a record for annual revenue, led by gains in North America. Read more...