Category: News

University researchers erred in stating an industry-funded study found trucks with rebuilt engines were just as clean as new trucks, Tennessee Technological University determined in a misconduct investigation.

Forward Air Corp. posted higher revenue but lower-than-expected earnings in the third quarter of 2018. The company also announced that it has agreed to acquire substantially all of the assets of Southwest Freight Distributors, a drayage service provide…

Landstar System reported a big bump in business, posting record earnings and revenue in the third quarter.

ANCHORAGE, Alaska — The first oil and gas production wells in federal Arctic waters have been approved by U.S. regulators. The Bureau of Ocean Energy Management on Oct. 24 announced it issued a conditional permit for the Liberty Project, a proposal by a subsidiary of Houston-based Hilcorp for production wells on an artificial island in the Beaufort Sea.

The International Maritime Organization rejected a proposal — supported by both the U.S. and shipping groups — for a phased start to rules that will limit the sulfur content of ship fuels starting in 2020.

Echo Global Logistics reported another record quarter for revenue and boosted its guidance for the year as demand for the company’s technology and transportation management services remains robust.

A few months ago lawyers for Exxon Mobil Corp. stood before a judge and told New York’s attorney general to “put up or shut up” after investigating the company’s public disclosures about climate change, saying it should sue the company or move on. New York Attorney General Barbara Underwood said Exxon Mobil misled investors about the risks that climate change poses to its operations.

A few months ago lawyers for Exxon Mobil Corp. stood before a judge and told New York’s attorney general to “put up or shut up” after investigating the company’s public disclosures about climate change, saying it should sue the company or move on. New York Attorney General Barbara Underwood said Exxon Mobil misled investors about the risks that climate change poses to its operations.

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.8% in September, sliding to 111.8 from August’s mark of 112.7.
“Truck freight slowed at the end of the third quarter,” said Bob Costello, ATA’s

Knight-Swift Transportation Holdings beat analysts’ profit projections in the third quarter as cost-cutting measures implemented after the acquisition of Swift Transportation in September 2017 compensated for slower-than-expected growth in revenue.