Transport Topics
Oil Price Falls into Bear Market Territory
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NEW YORK - Brent crude oil futures on July 23 settled at their lowest price since April, and U.S. crude fell into bear market territory and ended below $49 a barrel for the first time since late March as persistent concerns about ample supply and shaky demand offset support from the dollar's weakness.
Landstar, Ryder, TransForce Earnings Rise; Universal Falls 3%
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Truckload carrier Landstar System Inc., leasing specialist Ryder System Inc. and diversified North American carrier TransForce Inc. reported higher second-quarter earnings, but net income fell 3% at Universal Truckload Services Inc.
Higher Rates Help Knight, Covenant Improve Profits
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Two of the nation's largest truckload fleets raised second-quarter earnings with help from rate increases.
Sales of Existing Homes Climb to Highest Level in 8 Years
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Sales of previously owned U.S. homes climbed to an eight-year high in June as momentum in the residential real estate market accelerated.
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.