Transport Topics
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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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The top Democrat on the Senate subcommittee dealing with trucking affairs wants the nominee to lead the Federal Motor Carrier Safety Administration to share his commitment to ensuring the safety of truck drivers on the country’s highways.
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