USA Truck Inc. reported a restructuring-related loss of $1.8 million, or 19 cents, as trucking and logistics performance was affected by the tough freight market.
May 5, 2016Business
J.B. Hunt Raises First-Quarter Net Income 6.4%
J.B. Hunt Transport Services Inc., the first trucking company to report earnings for the first quarter, improved net income 6.4% to $100.1 million, or 88 cents per share, helped by stronger results at its dedicated and brokerage units.
April 18, 2016Business
March Truck Sales Dip 2.9%, Reflect Ongoing Slowdown
U.S. retail sales of Class 8 trucks dipped by 2.9% in March from a year earlier to 20,034, WardsAuto.com reported.
April 18, 2016Government, Business, Technology, Equipment
ELD Mandate Poses Special Challenge for Truck Leasing, Rental Operations
As the trucking industry prepares for the federal electronic logging mandate, carriers and equipment providers are grappling with one of the murkier aspects of the regulation — how to use the technology in lease and rental vehicles.
April 18, 2016Business
Truckstop.com Plans to Enter ELD Market
Load board operator Truckstop.com is planning to introduce its own electronic logging device, expanding the company’s technology offerings, a company executive said.
April 8, 2016Business, Technology
Internet Truckstop Group Sells Stock to Fund Expansion
Internet Truckstop Group announced a “significant” investment from the private equity firm Bregal Sagemount to support expansion of its transportation technology platform.
April 5, 2016Special Coverage, Business
Trucker Path Launches Truckloads Freight Marketplace
LOUISVILLE, Ky. — Driver app developer Trucker Path announced the general release of its Truckloads freight marketplace.
April 2, 2016Special Coverage, Business
Trucker Buddy Expands Charity Work
LOUISVILLE, Ky. — Trucker Buddy International said it is expanding its program in South Carolina with the help of Meritor Inc., donating money to 19 schools with underwriting from PeopleNet, and honored a group of truck drivers and school teachers.
April 2, 2016Business
Truckstop.com Offers New Carrier, Broker Payment Program
Truckstop.com announced that it has started a new payment program that is designed to give fleets more control over cash flow and aid brokers in their efforts to increase revenue.
April 1, 2016Business
Former USA Truck CEO Simone Dies at 54
Former USA Truck Inc. CEO John Simone has died at 54.
March 30, 2016