Marten Transport reported higher third-quarter earnings, but most came from an unlikely source: its brokerage section. In a quarter when truckload carriers Heartland Express (NASDAQ: HTLD) and P.A.M. Transport (NASDAQ: PTSI) both reported operating ratios under 80%, Marten's (NASDAQ: MRTN) truckload OR improved marginally to 88.3 percent from 88.7 percent...
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RNG is decarbonizing trucking for three reasons right now
Trucking businesses and shippers that hire them make significant commitments to reduce their carbon footprint, such as being carbon-neutral by 2030. The hard work begins once the promises are made because achieving net-zero or better takes more than operational improvements. To progress beyond even the cleanest diesel platform, new business...
An ex-director of a trucking school was convicted for his role in defrauding the VA of $4.1 million
On Monday, the former director of a California truck driving school was sentenced to 15 months in federal prison for defrauding the United States Department of Veterans Affairs (VA) of more than $4 million. Judge Stephen V. Wilson of the United States District Court for the Northern District of California...