30 Jul Existing-Home Sales Rise for First Time in Three Months Contract signings to purchase previously owned U.S. homes rose for the first time in three month in June, data from the National Association of Realtors showed. Read more...
30 Jul Wisconsin Frac Sand Producers Seek Relief From Rail Costs, Service Issues In a clash of old and new industries, Wisconsin frac sand producers say their business is threatened by a handful of railroads operating under outdated regulations. Wisconsin produces about a third of the nation’s supply of sand used to extract natural gas and oil through a process known as hydraulic fracturing, or “fracking.” Read more...
27 Jul What's Next on the Road to Self-Driving Trucks? Automation in the trucking industry is ramping up quickly. But how will the next levels of automation be deployed? Episode 2 of RoadSigns has the answers. Click to listen. Read more...
27 Jul P.A.M. Rides More Loads, Logistics Service to Higher 2Q Results P.A.M. Transportation Services Inc. reported a surge in net income and stronger revenue for the second quarter amid lower operating ratios, respectively, at its truckload and logistics units. Read more...
27 Jul Universal Logistics Holdings Reports Revenue Record for 2Q Universal Logistics Holdings Inc., a Warren, Mich., truckload carrier, said the company set a record for total operating revenue in the second quarter, reaching $366 million compared with $305 million in 2017. Read more...
27 Jul Stemco Names Eric Vaillancourt President Stemco announced it hired Eric Vaillancourt as its new president. Read more...
27 Jul USA Truck Reports 23% Rise in Revenue USA Truck reported second-quarter net income of $2.5 million, or 31 cents per share, compared with a net loss of $2.8 million, or a minus 35 cents a share loss, in the second quarter of 2017. Operating revenue came in at $135.4 million, up more than 23% from $107.4 million a year ago. Read more...
27 Jul New CNG Station Opens in Central Virginia American Natural Gas announced it opened a fast-fill compressed natural gas station in Lynchburg, Va. The facility will primarily serve CNG tractor-trailers operated from a nearby plant of PepsiCo Inc.’s Frito-Lay division, but it will also be open to the public. Read more...
27 Jul Love’s Expands in Kansas Love’s Travel Stops & Country Stores opened a travel stop in Abilene, Kan., at exit 272 along Interstate 70. The site includes 74 truck-parking spots, five showers, laundry facilities and a Love’s Truck Tire Care center. Read more...
27 Jul Echo Global Logistics Income, Revenue Jump Echo Global Logistics reported record second-quarter net income of $7.7 million from a loss of $200,000 in the second quarter of 2017. The Chicago-based third-party logistics company reported earnings per share of 28 cents, up from a loss of minus 1 cent a share a year ago. Read more...