J.B. Hunt Transport Services Inc. reported a big bump in revenue in the third quarter as higher rates boosted the top line for each of the company’s four freight segments. Profits, however, did not keep pace.
Category: News
How Grocer Giant Competes for Your Virtual Shopping Cart
The willingness of consumers to try buying groceries online has helped fuel a fiercely competitive market, and one that analysts expect to grow. The Food Marketing Institute and Nielsen predicted this year that 70% of consumers will regularly shop for …
September Manufacturing Production Rises on Broad Demand
Factory production expanded in September for a fourth consecutive month on broad-based demand as the sector accelerated in the third quarter, Federal Reserve data showed Oct. 16.
Volvo Trucks Uncovers Faulty Component in Emissions Setup
Volvo, the world’s second-largest truckmaker, has uncovered a faulty component in the emissions-control setup of vehicles widely sold in Europe and the U.S., the manufacturer’s biggest markets.
ASCE Gives Minnesota Infrastructure a C
Minnesota has received a C grade on the American Society of Civil Engineers’ most recent infrastructure report card.
Construction spending stays strong despite worker shortage
Construction spending increased 0.1% from July to August and 5.3% for eight months of 2018 combined, with continued year-to-date gains for major public and private categories, according to an analysis of new government data by the Associated General
Diesel Continues Upward Trend, Rising 0.9¢ to $3.394
Diesel prices continue to move higher, increasing 0.9 cent to $3.394 per gallon, according to the survey by the U.S. Department of Energy on Oct. 15.
Diesel Continues Upward Trend, Rising 0.9¢ to $3.394
Diesel prices continue to move higher, increasing 0.9 cent to $3.394 per gallon, according to the survey by the U.S. Department of Energy on Oct. 15.
Mack Sets Up as Go-To Truck for Harsh Canadian Climate
EDMONTON, Alberta — Bolstered by a growing Canadian economy and a strong trucking market overall, Mack Trucks is looking to increase its presence across the northern border.
Knorr-Bremse Industrialist Thiele Increases Fortune to $15.3 Billion After IPO
Heinz Hermann Thiele is about $6 billion richer after last week’s initial public offering of his largest asset, Knorr-Bremse AG, the world’s biggest maker of truck and train braking systems. The IPO makes him the country’s fourth-richest person, with a net worth of $15.3 billion, according to the Bloomberg Billionaires Index.