Marten Transport’s second-quarter profit rose on higher truckload and logistics revenue, the truckload carrier said.
Marten Transport’s second-quarter profit rose on higher truckload and logistics revenue, the truckload carrier said.
Twenty-two business groups have formed a coalition to oppose the 45% toll increase for trucks proposed by the New York State Thruway Authority.
The National Retail Federation called on both sides involved in labor talks at ports on the East Coast and Gulf Coast to reach an agreement without a work stoppage, which would force diversions and delays of cargo.
Diesel rose for the second week in a row, rising 1.2 cents to $3.695 a gallon while gasoline also increased, the Department of Energy said.
Kansas City Southern’s second-quarter earnings rose to $120 million, or $1.09 a share, from $71 million, or 64 cents, a year ago.
Industrial production increased 0.4% in June, the Federal Reserve said Tuesday.
The consumer price index was unchanged in June following a 0.3% drop in May, the biggest decline since December 2008, the Labor Department said Tuesday.
J.B. Hunt Transport Services said late Monday its second-quarter net income rose from a year ago as operating income at three of its four business segments each rose more than 20%.
The Owner-Operator Independent Drivers Association said Monday it has filed suit against the Federal Motor Carrier Safety Administration regarding FMCSA’s pre-employment screening program and appeal process.
UPS Inc. said it expects its $6.3 billion acquisition of TNT Express NV will close in the fourth quarter, from an earlier projected Aug. 31 date, due to more time for review by European regulators.