Transport Topics
Senate Advances House-Passed Highway Funding Extension
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A swift voice vote by the Senate on Oct. 28 to send President Obama legislation that would extend funding authority for highway programs through Nov. 20 marked the 35th time Congress has passed such short-term fixes.
UPS Sales Miss Estimates on Lower Fuel Surcharges
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UPS third-quarter sales missed analysts' estimates as a drag from foreign currency and lower fuel surcharges weighed on results.
Roadrunner Earnings to Fall Short of Expectations
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Roadrunner Transportation Systems said third-quarter earnings would be 14 cents to 17 cents per share, far below the 44 cents per share average estimate, citing a combination of one-time costs and a weaker-than-expected freight market.
Trimble Unveils Fleet Management Program for Oil, Gas Industry
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Trimble has introduced a fleet management program for the oil and gas industry that includes the only off-road mapping service in the United States and Canada.
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