Track the Capitol Christmas Tree on Its Journey From Alaska to D.C.
The Capitol Christmas Tree is being tracked in real time as it makes its way from Chugach National Forest in Alaska to Washington, D.C.
October 28, 2015Saia's Third-Quarter Net Income, Revenue Decline
Declining tonnage and rising wage bills led regional less-than-truckload carrier Saia Inc. to a third quarter of diminished profitability and revenue.
October 28, 2015Prime Agrees to Purchase 900 Peterbilt Model 579 Trucks
Peterbilt Motors Co. announced a major truck sales agreement with Prime Inc., one of the nation’s largest trucking companies.
October 28, 2015Cummins Reduces Sales Forecast, Cuts 2,000 Jobs
Cummins Inc.’s third-quarter profit trailed analysts’ estimates, and the company reduced its annual sales forecast because of weakening demand for its heavy-duty engines.
October 28, 2015UPS' Net Income Rises to $1.26 Billion as Revenue Dips
UPS Inc. posted a 3.5% increase in third-quarter net income to $1.26 billion from $1.21 billion, even as quarterly revenue dipped by 0.4% to $14.24 billion from $14.29 billion, compared with the same three months in 2014.
October 28, 2015Canadian National Profit-Boosting Efficiency May Buoy 2016
Canada’s biggest railroad reported a operating ratio of 53.8% for the quarter, and the gauge — which compares expenses with sales — may remain below 60% through 2016, Chief Financial Officer Luc Jobin said Oct. 27.
October 28, 2015Walgreens-Rite Aid Agree to $17.2 Billion Merger
Two of the largest drug store chains in the United States have agreed to join forces. Walgreens Boots Alliance said it will acquire all outstanding shares of Rite Aid for $9 per share in cash, for a total enterprise value of approximately $17.2 billion, including acquired net debt.
October 27, 2015Agriculture Dept. Expected to Nearly Triple Truck-Borne Border Inspection Fee
The U.S. Agriculture Department is expected later this week to issue a final rule designed to recoup costs associated with animal and plant inspections by raising fees for all truck-borne imports by 187%.
October 27, 2015Bob Baylor, President of Baylor Trucking, Dies at 67
Robert “Bob” Baylor, president of Baylor Trucking Inc. and former American Trucking Associations board member, died Oct. 25 after a battle with ALS. He was 67.
October 27, 2015Teamsters-Backed Strikes Continue Against Two Southern California Fleets
Teamsters-backed demonstrators continued to strike against XPO Logistics and Pacific 9 Transportation, two Southern California port trucking companies, as the battle to organize drayage drivers continued.
October 27, 2015