A strong surge in dedicated trucking business helped balance falling fuel surcharges for Marten Transport in the first quarter. The trucker bucked trends and increased revenue.
Roadrunner Transportation Systems is adding less-than-truckload network capacity in Texas and Memphis and offering a guaranteed delivery service to expand business with industrial shippers.
Despite a drop in revenue, largely due to lower fuel surcharges, Marten Transport increased net profit almost 20 percent in 2015, while expanding its dedicated trucking business.
A U.S. trade commission has ruled against making temporary duties permanent on Chinese manufactured 53-foot containers, dealing a blow to the North American manufacturers that accused their Far East competitors of dumping their products in the U.S. market.
Rising U.S. chemical output and strong shipping demand mean higher pay for tank-truck operators at Schneider National, the second-largest U.S. truckload carrier.