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Quality Distribution Reports Fourth-Quarter Loss
Tank truck carrier Quality Distribution Inc. reported a fourth-quarter loss of $6.6 million or 35 cents a share, compared with a $67.9 million or $4.95 per-share loss a year earlier.
March 29, 2005
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Tennessee May Expand Lower Truck Speed Limits
Truckers in central Tennessee may see their speed limits lowered to 55 miles per hour, 10 mph below a 65-mph speed limit that would be set for automobiles, the Nashville Tennessean reported.
March 29, 2005Diesel, Gasoline Hit Record Highs for Second Straight Week
The national average retail price of diesel fuel rose 0.5 cent to $2.249, eclipsing last week's record high price, the Department of Energy said Monday.
March 29, 2005ATA Seeks Stakeholder Status in License-Security Committee
American Trucking Associations said Tuesday it filed a request with the Department of Transportation to be included as a stakeholder in a rulemaking advisory committee on commercial driver license security enhancements.
March 29, 2005Kansas City Southern Approves Mexican Railroad Bid
Kansas City Southern said Tuesday that its stockholders approved acquisition of Mexico's largest railroad.
March 29, 2005Nafta Surface Trade Rose 14.6% in January
Surface trade among the U.S., Canada and Mexico rose 14.6% in January to $52.3 billion, the Department of Transportation reported Tuesday.
March 29, 2005Driver Turnover Reached Record in 4Q, ATA Says
Long-haul driver turnover surged to a record high in the fourth quarter of last year, American Trucking Associations reported.
March 28, 2005Technology Briefs - March 22 - March 28
DHL to Spend $160 Million on Automation • Maptuit Offers Services to Owner-Operators • Power2Ship Buys Drayage Company GFC • SmarTire Posts $4 Million Loss in Second Quarter • And more...
March 28, 2005FedEx Freight to Open Four Service Centers
FedEx Corp.’s less-than-truckload subsidiary FedEx Freight said it opened four new service centers and was expanding a fifth to meet growing demand throughout the United States.
March 28, 2005Norfolk Southern, Canadian National to Alter Rail Interchanges
Norfolk Southern Corp. and Canadian National Railway said Monday they would alter rail interchange patterns to streamline traffic at major U.S. gateways.
March 28, 2005