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Trucking News

Trucking news continually updated from thousands of sources around the net.

3 hrs ago | Reuters

Global Markets-Shares edge lower while dollar at eight-month highs ahead of Fed, U.S. data

World equity markets fell on Tuesday while the dollar reached eight-month highs against the euro on expectations of positive U.S. economic data and a more hawkish tone from the Federal Reserve.

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Related Topix: Transportation, United Parcel Service, Air Courier, Financial Markets

7 hrs ago | The Washington Post

UPS Cuts Profit Outlook as Costs Rise for Holiday Shipping

United Parcel Service Inc. lowered its full-year profit outlook as the company boosts spending to help handle booming demand for fast shipping during the holidays.

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Related Topix: Transportation, United Parcel Service, Air Courier, Life, Holidays, Black Friday, Financial Services, Robert W Baird, Investment Services, New York, Business News

Tue Jul 29, 2014

Iol.co.za

Wall Street ends down

US stocks fell on Tuesday, dropping in a broad selloff as a weak outlook from courier company UPS weighed on sentiment and pressured transportation stocks.

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Related Topix: Financial Markets, United Parcel Service, Air Courier, Transportation, Expedited Group, The Dow Company, Hospital Administration, Thomson, Media, Medicine, Triad Hospitals, Computers, IT Services, Healthcare Industry

Daily Herald

Stocks decline as Russian sanctions overshadow phone rally

U.S. stocks fell Tuesday as President Barack Obama announced new sanctions against Russia and warned its actions in Ukraine are "setting back decades of progress," snuffing out earlier gains led by telephone stocks.

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Related Topix: Financial Markets, Transportation, United Parcel Service, Air Courier, Twitter, Vladimir Putin, Housing

MarketWatch

UPS shares deliver a Dow Theory warning for stocks

The transport sector is taking another beating Tuesday, this time led by a selloff in United Parcel Service shares.

Comment?

Related Topix: Financial Markets, Transportation, United Parcel Service, Air Courier

Newsday

Earnings: UPS profit slides; Pfizer tops estimates; Merck doubles; Aetna inches higher

United Parcel Service driver Marty Thompson starts his truck up after making a delivery in Cumming, Ga.

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Related Topix: Biotech, Merck , Medicine, Healthcare Industry, Pfizer, Transportation, United Parcel Service, Air Courier, Expedited Group, Cumming, GA, Forsyth County, GA

The Globe and Mail

UPS slashes forecast as it spends to boost capacity for the holidays

United Parcel Service driver Marty Thompson starts his truck up after making a delivery in Cumming, Ga.

Comment?

Related Topix: Transportation, United Parcel Service, Air Courier, Expedited Group, Cumming, GA, Forsyth County, GA, Prison

Wall Street Journal

UPS Profit Misses Expectations

United Parcel Service Inc.'s second-quarter profit missed analysts' expectations, while the company lowered its earnings outlook for the year as it cited higher costs related to preparing for its peak shipping season.

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Related Topix: Transportation, United Parcel Service, Air Courier

The Modesto Bee

UPS 2Q profit drops 58 percent

The Atlanta-based company said profit declined to $454 million, or 49 cents per share, from $1.07 billion, or $1.13 per share, in the same quarter a year earlier.

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Related Topix: Transportation, United Parcel Service, Air Courier, Business News

Benzinga

Stocks To Watch For July 29, 2014

Wall Street expects Pfizer to report its Q2 earnings at $0.57 per share on revenue of $12.46 billion.

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Related Topix: Financial Markets, Biotech, Pfizer, Medicine, Healthcare Industry, United Parcel Service, Air Courier, Transportation, Travelers Express Company, Financial Services, Fresh Del Monte Produce, Agriculture

Mon Jul 28, 2014

Today's Trucking

ExpoCam 2015 Returns to Montreal Bigger Than Ever

For three days, Place Bonaventure in Montreal will be the heartbeat of the trucking industry as ExpoCam, the biggest trucking show happening in 2015, returns for another year.

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Seeking Alpha

Will United Parcel Top The Whisper Number This Quarter?

UPS has a 42% positive surprise history . The overall average post earnings price move is 'positive' when the company reports earnings.

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Related Topix: Transportation, United Parcel Service, Air Courier

Trucker

Landstar opens training, service center in Metroplex

Landstar System has opened a training and service center near the heavily-travelled Dallas-Fort Worth metroplex to provide its Business Capacity Owners - Landstar's term for the independent contractors who provide the company with transportation capacity under exclusive lease arrangements - a safe and comfortable home away from home.

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Related Topix: Transportation, Landstar System, Grand Prairie, TX

The City Wire

P.A.M. Transportation posts record quarter, adds drivers

P.A.M. Transportation Services Inc. posted record quarter earnings behind 8.5% more loads hauled and a roughly 1.4% rise revenue per mile, before fuel surcharges.

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Related Topix: Transportation, PAM Transportation Services

Transport Topics

P.A.M Reports 2Q Profit

P.A.M. Transportation Services reported second-quarter net income of $4.95 million, or 62 cents per share, from $2.68 million, or 31 cents, the prior year.

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Related Topix: Transportation, PAM Transportation Services

Business Journal

ABF quietly assembles Memphis properties for $20.5M expansion

ABF Freight is planning to move its Little Rock hub to the Mid-South, an investment of $20.5 million that would create at least 283 jobs.

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Related Topix: Memphis, TN, Transportation, ABF Freight System

Trucker

Boy Scouts learn trucking safety at Walcott Truckers Jamboree

Even the Boy Scouts came to Walcott as Trucker Buddy and the Iowa Council and the Hawkeye Council of the Boy Scouts of America partnered to bring almost 40 Boy Scouts, scout leaders and parents to the recent Walcott Truckers Jamboree here.

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Courthouse News Service

UPS Driver Charged With Stealing Guns

A United Parcel Service truck driver was arrested Friday on federal gun-trafficking charges, accused of stealing dozens of guns going through a UPS hub and selling them on the black market through a crony.

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Related Topix: Transportation, United Parcel Service, Air Courier, Rancho Cucamonga, CA

Sun Jul 27, 2014

New York Post

Lack of truck drivers jackknifes Swift profits

Swift Transportation, the largest trucker in North America, saw its shares crater 16 percent on Friday after it said it could not find enough truck drivers and that it would hurt future earnings.

Comment?

Related Topix: Truckers, Transportation, Swift Transportation Co

Sat Jul 26, 2014

Bellingham Herald

Firefighter's license suspended over misconduct

The state Department of Health on Friday said 53-year-old Michael James Sulak's license would be suspended for five years after he admitted to "sexual misconduct" with a 15-year-old Lynden girl.

Comment?

Related Topix: Transportation, Lynden, WA, Lynden

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