Transport Topics
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Consumer sentiment climbed in October to the highest level since the start of 2004 as households grew upbeat about the outlook for the U.S. economy, a University of Michigan survey showed Oct. 27.
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One week after Universal Logistics Holdings Inc. warned investors to expect a sizable hit to earnings due to a court case, the carrier announced a net loss for the first time since becoming a publicly traded company in late 2006.
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Montreal-based truckload carrier TFI International Inc. reported third quarter net income of C$48.8 million, down nearly 9% from $53.5 million in the same period a year ago.
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