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WVTA Buyers Guide

compliance2020

Fuel-card provider Wex Inc. announced that it plans to help fleets better manage purchases by combining its fuel data with telematics data from electronic logging devices.

Union Pacific Corp. reported first-quarter earnings higher than analysts' expectations as the railroad cut costs and boosted prices to mitigate a steep drop in cargo demand, pushing shares to their highest value in five months.

Expedited carrier Forward Air Corp. and refrigerated fleet Marten Transport Ltd. reported higher earnings as the parade of first-quarter truckload results continues, but Swift Transportation Co. net income dipped amid continuing pressure in the dry van freight market.

Norfolk Southern Corp. reported the best year-over-year improvement in first-quarter rail industry earnings, boosting net income 25% to $387 million, or $1.29 per share, helped by expense reductions and improved results for commodity groups, particularly automotive shipments.

Although driverless cars grab headlines, it may take decades before truly autonomous vehicles rule the road. In the meantime, semiautomated convoys can help manufacturers hone the technology while cutting emissions and fuel consumption.

WVTA Members Receive a 2.7% discount
West Virginia Trucking Association members receive a 2.7% discount

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