Transport Topics
CSX Sets Operating Ratio Record in Q3 Results
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CSX Corp. on Oct. 17 announced third-quarter profit of $856 million compared with $894 million in the same quarter of 2018, but beat Wall Street expectations and in the process set a record for operating ratio for a U.S. railroad.
Freightliner Catapults September Class 8 Sales to Record High
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U.S. Class 8 retail sales punched through to an all-time record high of nearly 29,000 in September, WardsAuto.com reported, but analysts cautioned against reading it as a turnaround.
West Coast Ports Show Early Signs of Slowdown Due to Tariffs
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While the holiday shipping season is keeping import volume steady for some of the nation’s busiest ports, executives are raising concerns about the long-term effects an extended trade battle with China could have on exports, and business overall.
Marten Transport’s Net Income up 8.7% as Revenue Hits High
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Marten Transport saw record revenues lead to an 8.7% increase in net income, up to $16.6 million, from $15.3 million in the third quarter of 2018, according to an earnings report released Oct. 17.
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.