Transport Topics
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Saia Inc. reported April 27 first-quarter net income of $21.1 million, or 80 cents per share, an increase of 85% from the $11.4 million in net income and 44 cents per share reported in the first quarter of 2017.
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Industrial stocks were poised for a rally April 27 after solid earnings reports from UPS Inc. and Raytheon Co., and a reversal of the defense and aerospace selloff that puzzled investors earlier this week. But transports are having none of that.
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California state officials announced April 26 that $2.4 billion from increases in the gas tax and vehicle fees will be spent on dozens of transit projects, including work to prepare Southern California for the 2028 Summer Olympics.
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With negotiations to modernize NAFTA coming to a head, Texas Republican Ted Cruz and some of his conservative Senate allies have been pushing the Trump administration to use the trade pact as a way of getting around Democratic objections to the GOP’s broader deregulation agenda.
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.