21Feb2017

Truck Tonnage Rises in January, ATA Says

January truck tonnage jumped up smartly by 2.6% compared with the same month in 2016, American Trucking Associations said Feb. 21.

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21Feb2017

XPO Logistics Notches First Full-Year Profit Since 2011

XPO Logistics posted its first full-year profit of the Brad Jacobs era, with net income of $63.1 million, or 53 cents a share, compared with a $245.9 million loss in 2015, or $2.65, the company said Feb. 21.

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21Feb2017

Diesel Inches Up 0.7¢ to $2.572 a Gallon

The U.S. average retail price of diesel rose 0.7 cent to $2.572 a gallon as the stronger bite of OPEC production cuts lifted the price of crude to nearly $54 a barrel, analysts said.

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21Feb2017

Vote Now to Determine Trucking’s Top Cartoon Caption Writer!

Only two contestants are left standing as we enter the Cartoon Caption Classic final! Graham Gillespie of Active Exhaust Corp. and Christen Whalen of Matson Logistics are lobbying for your vote! Who wrote the funniest caption for this cartoon? Vot...

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21Feb2017

Positive signs for truck tonnage

ATA reports that tonnage in 2016 increased 2.5% over 2015. The for-hire truck tonnage index compiled by the American Trucking Associations (ATA) jumped 2.9% in January, af...

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21Feb2017

Expeditors’ Volumes Rise as Rates Hinder Profits

Fourth-quarter business boomed, but profits dipped at freight forwarder Expeditors International as roller-coaster pricing made management difficult, the Seattle-based firm said in its Feb. 21 earnings statement.

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21Feb2017

Los Angeles Most Congested City in the World, INRIX Reports

The City of Angels topped the list of cities with the worst traffic, where motorists spent more than 104 hours stuck in traffic in 2016, a new ranking of the most congested cities found.

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21Feb2017

UPS Tries Arming Its Brown-Clad Drivers With an Octocopter Drone

UPS Inc. sees a day when your latest purchase may be dropped off not by a brown-clad delivery driver, but by an octocopter drone.

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21Feb2017

Wabtec Earnings Fall on Slumping Freight Market

Wabtec Corp., a manufacturer of products for the freight and passenger rail markets, reported Feb. 21 a sharp decline in profits during the previous quarter and year as major freight rail carriers hit a slump.

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21Feb2017

CEO of CSX to Retire as Hunter Harrison Negotiations Continue

The shakeup at CSX Corp. took another twist Feb. 21 when current CEO Michael Ward and President Clarence Gooden announced they're leaving the railroad at the end of May, another wrinkle that could affect the push from private investor Paul Hilal to ins...

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