The Journal of Commerce Truckload Capacity Index rose unexpectedly in the third quarter to a four-year high, but that doesn’t mean more tractor-trailers rolled onto highways and up to shipper docks. Instead, the leap in the index reflects a gathering concentration of capacity at the top of trucking’s food chain, as larger motor carriers acquire and absorb smaller companies to secure drivers, equipment and freight revenue.
25 Oct 2013
Knight Transportation reported its net income in the third quarter of 2013 was $15.2 million, dropping 9.1 percent year-over-year from $16.7 million.
10 Oct 2013
Hub Group has lowered its expectations for the third quarter of 2013 to a range of 48 to 51 cents diluted earnings per share.
09 Oct 2013
Knight Transportation has announced that it expects its earnings per diluted share for the third quarter to be in the range of 18 cents to 20 cents, down from its earlier projection of 22 cents to 24 cents.
26 Sep 2013
Knight Transportation is trying to acquire all of the outstanding shares of USA Truck, despite a recent rejection of its acquisition bid by USA Truck’s board of directors...
25 Jul 2013
Knight Transportation reported its net income in the second quarter of 2013 was $18.9 million, sliding 1.8 percent from $19.3 million in the second quarter of 2012.
25 Apr 2013
Knight Transportation reported net income in the first quarter of 2013 was $15.2 million, a 44 percent jump from $10.5 million in the first quarter of 2012.