Transport Topics
ArcBest, Saia Announce Lower Second-Quarter Earnings
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Second-quarter net income declined 31% at Saia Inc. and 49% at ArcBest Corp. as the trend toward lower earnings at most carriers persisted in a freight market both companies described as "challenging."
UPS Net Income Rises to $1.27 Billion in Second Quarter
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UPS Inc. boosted second-quarter net income by 3.2% to $1.27 billion, or $1.43 per share, led by higher domestic and international profitability.
Port of Indiana-Burns Harbor Has Second-Best June Ever
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The Port of Indiana-Burns Harbor had its second-best June on record after handling 303,000 tons of freight, including shipments of huge cranes from Europe.
Three Truckload and LTL Carriers Post Lower 2Q Earnings
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Top truckload carriers Swift Transportation and Werner Enterprises reported weaker second-quarter earnings July 21 because of overall weakness in broad freight market rates, while earnings dropped at airfreight and intermodal specialist Forward Air Inc. after a $42.4 million charge based on an acquisition in 2013.
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.