18 Jul Marten Transport Reports Company Record Revenue Marten Transport Ltd. reported the highest operating revenue and operating income in the company’s 73-year history, according to a July 18 news release. Read more...
18 Jul Union Pacific Reports Record 2Q Earnings Union Pacific Corp. reported record 2019 second-quarter income of $1.57 billion, or $2.22 a share, July 18. This compares with $1.5 billion, or $1.98 per share, in second-quarter 2018. Read more...
18 Jul Heartland Express Reports Strong 2Q Earnings Heartland Express Inc. reported June 18 another quarter of profit improvement despite a weakening freight environment in the second quarter of 2019. Read more...
18 Jul Missing in Action on Capitol Hill: A Debate on Infrastructure Funding Policy Infrastructure policy, which was seen as a bright legislative point at the start of the year capable of reaching President Donald Trump’s desk, is now hardly mentioned by the president and leaders on Capitol Hill. Read more...
18 Jul BMW Names Production Chief Oliver Zipse as New CEO BMW AG promoted production chief Oliver Zipse to chief executive officer, resetting its leadership to catch up with rivals in the transition to an era of self-driving, electric cars. Read more...
18 Jul ATA Reaffirms Opposition to Side Underride Guard Legislation Legislation that would require the installation of side underride guards on heavy trucks is not based on sufficient science, data or demonstrated overall effectiveness, American Trucking Associations wrote to congressional transportation leaders. Read more...
18 Jul Trump, Xi Struggle to Chart Path for Trade Talks Slow progress and disagreement on key initial demands from Presidents Donald Trump and Xi Jinping is raising doubts about whether the U.S. and China will actually return to the negotiating table to overcome their much deeper differences. Read more...
18 Jul Earthquake Damage Adds to Infrastructure Woes at Port of Alaska The primary users of Anchorage’s beleaguered port want city officials to delay the first major rehabilitation work at the port in years while port leaders continue to discover earthquake damage to critical infrastructure. Read more...
18 Jul ATA’s NAFC Pushes for Delay in New Accounting Rules American Trucking Associations’ National Accounting and Finance Council has called for a one-year delay of ASC Topic 842, a leasing accounting rule for private companies and nonprofit organizations. Read more...
18 Jul FMCSA Panel Takes Steps to Revise Obsolete Medical Examiners Handbook ARLINGTON, Va. — The Federal Motor Carrier Safety Administration’s update to its Medical Examiners Handbook is a step closer to completion. The handbook serves as a guideline for physicians who use it to assess truck driver health. Read more...