Transport Topics
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Rush Enterprises Inc., the only publicly traded network of commercial vehicle dealerships in North America, announced a new stock repurchase program of up to $150 million of its shares of common stock.
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For-hire carrier ArcBest on Nov. 1 reported its third-quarter net income was $40.8 million, or $1.58 per share, on revenue of $826.2 million. That compares with 2017’s net income of $14.8 million, or 57 cents a share, on revenue of $744.3 million.
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New chairman Barry Pottle: ATA has been criticized from the outside for catering to larger companies — but those of us on the inside, those of us who have rolled up our sleeves and gotten involved and gotten to work solving big issues, we know better. ATA speaks for our entire industry, but that voice is only as powerful as those who choose to join the chorus.
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USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.
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