Truckload

Marten Transport reported its net income in the third quarter of 2013 was a record $8.0 million, jumping 22.4 percent year-over-year from $6.5 million.

J.B. Hunt Transport Services reported its net income in the third quarter of 2013 was $89.5 million, up 14.5 percent year-over-year from $78.2 million.

FTR Associates’ Trucking Conditions Index for August, published in the October 2013 Trucking Update, rose to a reading of 9.52, a full point improvement from the July reading.

Knight Transportation has announced that it expects its earnings per diluted share for the third quarter to be in the range of 18 cents to 20 cents, down from its earlier projection of 22 cents to 24 cents.

North America’s Class 8 net truck orders in September reached 19,777 units, up 29 percent year-over-year, but just 3 percent higher than August orders, according to FTR Associates’ preliminary data.

FTR Associates’ Shippers Conditions Index for July was basically unchanged from June at a reading of negative 8.3, compared with negative 8.1, reflecting “relatively modest” freight volume growth combined with some capacity constraints caused by new hours of service regulations.

Knight Transportation is trying to acquire all of the outstanding shares of USA Truck, despite a recent rejection of its acquisition bid by USA Truck’s board of directors...

Slow but steady growth in freight-generating sectors of the economy is raising trucking executives’ expectations for higher rates and increased shipment volume.

The American Trucking Associations’ advanced seasonally adjusted For-Hire Trucking Tonnage Index increased 1.4 percent in August from July, to 126.9, after slipping 0.6 percent in July.

Werner Enterprises has announced that it expects its earnings per diluted share for the third quarter to be in the range of 27 cents to 30 cents, down from its earlier projection of 36 cents.

Despite the lackluster economy, FTR sees potential for a 'modest' peak shipping season this fall for truckers.

Three former USA Dry Van Logistics executives are charged with bilking more than $26 million from lender GE Capital.

The nation’s largest refrigerated truckload carrier is raising pay for company drivers and owner-operators following a “stronger fiscal performance.”

Qualcomm is selling its Omnitracs trucking communications and telematics business for $800 million to Vista Equity Partners, a private equity firm that specializes in technology companies.

Shippers face “significant” rate increases in the U.S. over the next few years unless they build more multimodal supply chains for domestic and inbound shipments, an investment analyst warns.

TransCore Link Logistics’ Canadian Freight Index was basically flat in July compared with the previous month and July 2012, dodging the traditional summer slowdown typical for the month.

The American Trucking Associations’ advanced seasonally adjusted For-Hire Trucking Tonnage Index slipped 0.4 percent in July from June, to 125.4, after inching up 0.1 percent in June.

The U.S. economy marked a milestone in June: the beginning of a fifth straight year of recovery as measured by growth in gross domestic product. Don’t worry, you didn’t miss the ticker-tape parade. With GDP increasing 1.1 percent and 1.7 percent in the first and second quarters of 2013, no one’s in much of a mood to celebrate.

PTA Holdings is expanding its refrigerated truckload business, adding a baked goods shipper in San Antonio, Texas, to balance northbound and southbound loads.

FTR Associates’ Shippers Conditions Index for June fell “only marginally” from the previous month to a reading of negative 8.1.

Direct ChassisLink Inc. plans to participate in a new pilot program to offer premium chassis with radial tires in Consolidated Chassis Management's South Atlantic Chassis Pool.

Arkansas Best today reported net income of $4.9 million in the second quarter of 2013, down from $11.8 million in the same period last year.

Spot market truck traffic increased 3 percent in July from June, the first sequential monthly increase in July since 1996, according to load-matching service DAT.

North America’s Class 8 net truck orders in July reached 17,307 units, the lowest level since September 2012, dropping 7 percent compared with the previous month, according to FTR Associates’ preliminary data.

Schneider National is adding 200 truck drivers in Arizona and opening a facility in Phoenix.

CK Commercial Vehicle Research’s latest Fleet Sentiment Report predicted increased activity for Class 8 truck orders in the third quarter of 2013.

Celadon Group reported its net income decreased 20.0 percent to $7.2 million in the fourth quarter of fiscal year 2013, ending June 30, 2013, from $9.0 million in the same quarter last year.

Towne Air Freight has ordered 300 new Great Dane trailers, worth $9 million, to increase its fleet and retire older equipment.

Buoyed by stronger confidence in business trends, truckload carriers plan to add capacity — but not too much capacity, according to a second quarter survey.

Landstar System reported its profit in the second quarter of 2013 was $30.4 million, dropping 15.1 percent from $35.9 million in the second quarter of 2012.

In the second quarter of 2013, Mullen Group reported it generated net income of C$27.4 million (about US$26.6 million), an increase of $19.4 million or 270.3 percent from $7.2 million in the same quarter last year.

Swift Transportation today reported its profit in the second quarter of 2013 was $42.9 million, jumping 27.4 percent from $33.7 million in the same quarter in the previous year.

Knight Transportation reported its net income in the second quarter of 2013 was $18.9 million, sliding 1.8 percent from $19.3 million in the second quarter of 2012.

TransCore Link Logistics’ Canadian Freight Index volume slipped 7 percent in June compared with the previous month, continuing the up-and-down results in the first half of the year...

The American Trucking Associations’ advanced seasonally adjusted For-Hire Trucking Tonnage Index inched up 0.1 percent month-over-month to 125.9 in June, after surging 2.1 percent in May.

Werner Enterprises reported net income in the second quarter of 2013 was $25.8 million, dropping 16 percent from $30.7 million in the second quarter of 2012.

Heartland Express reported net income in the second quarter of 2013 was $19.1 million, increasing 5.0 percent or $0.9 million from $18.2 million in the same period last year.