J.B. Hunt’s Income Jumps for 4Q, Year
J.B. Hunt Transport Services said Friday its fourth-quarter net income rose, as its trucking, intermodal and dedicated contract carriage units all reported improvement.
Dana Upgrades Spicer Life Series Driveshafts
With the recent completion of key product improvements to its Spicer Life Series Model 170 universal joint assembly, Dana Holding Corporation has now upgraded the performance and durability features of its entire lineup of SPL heavy-duty universal joints.
Big-rig crash leaves trucker dead
OSP reports that the truck and its trailer carrying boxes of oranges and kiwis was headed north when the driver, whose identity hasn’t been released yet, veered into a broad, flat dirt median just north of the Exit 14 overpass into Bear Creek.
Fourth-Quarter GDP Grows at 3.2% Rate
U.S. gross domestic product rose at a 3.2% annual rate in the fourth quarter, following a 2.6% expansion in the third quarter, the Commerce Department said Friday.
Oshkosh Reports Lower Profit in Fiscal 1Q
Oshkosh Corp. said Friday its fiscal first-quarter profit fell on lower sales volumes.
Hub Group’s Fourth-Quarter Earnings Grow
Logistics and intermodal firm Hub Group’s fourth-quarter profit jumped 25.7% to $12.5 million, or 34 cents a share, from $10 million, or 26 cents, a year earlier.
Intermodal Traffic Rises 6.2% for Week
Intermodal traffic increased 6.2% last week compared with a year ago, the Association of American Railroads reported.
Report Calls For Newark, JFK Airport Expansions
A study commissioned by the Port Authority of New York and New Jersey calls for major expansions at John F. Kennedy and Newark Liberty International Airports.