Transport Topics
TFI International Reports Improved Second-Quarter Earnings
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Canadian transportation and logistics company TFI International reported second-quarter net income of C$80.4 million, or 89 cents per share, a significant turnaround from last year when TFI reported a quarterly loss of $75 million, or 82 cents per share.
USA Truck Reports 23% Rise in Revenue
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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.
New CNG Station Opens in Central Virginia
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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.
Echo Global Logistics Income, Revenue Jump
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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.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.