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Tech Firms Say Sales, Orders From Trucking Companies Still Rising
LAS VEGAS — Several information technology companies that provide software, tracking and communications systems to the trucking industry said their sales and orders increased sharply last year and were headed even higher in 2005.
March 14, 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..
Freight Railroads May Exceed 1Q Earnings Expecations
Burlington Northern Santa Fe Corp. and Union Pacific Corp., the two biggest U.S. railroads, may beat analysts' first-quarter earnings forecasts after shipments of consumer goods and coal surged in February, analysts told Bloomberg News.
March 14, 2005J.B. Hunt Officials Say More Intermodal Needed
Officials at J.B. Hunt Transport Services Inc. told the Associated Press the United States needs more intermodal terminals.
March 14, 2005Heating-Oil Futures Fall on News OPEC May Boost Production
Heating-oil futures fell Monday in intraday trading on the New York Mercantile Exchange after Saudi Arabia signaled it may call for higher OPEC production at Wednesday’s meeting of the cartel’s ministers, Bloomberg reported.
March 14, 2005Consumer Confidence Rises; Gain Is Highest Since August
Consumer confidence rose by the largest amount in seven months in early March, the Associated Press reported Friday.
March 11, 2005Opinion: Put Safety on Top for a Healthy Bottom Line
By Lance Craig
I>Presidentraig Transportation Co., Perrysburg, Ohiohe author was 2004-05 chairman of the Truckload Carriers Association. March 11, 2005January Trade Deficit Is Second-Highest Monthly Level
The U.S. trade deficit grew 4.5% in January to the second-highest monthly level ever, the Commerce Department said Friday.
March 11, 2005House Passes Six-Year, $283.9 Bln. Highway Bill
The House of Representatives Thursday passed a six-year, $284 billion highway bill. The measure, approved by a 417-9 vote, would fund safety, transit and other transportation projects.
March 11, 2005Intermodal Volume Rises 7.6% for Week
The Association of American Railroads reported that rail intermodal volume grew 7.6% for the week ended March 5 over the same week last year.
March 11, 2005ATA Supports Keeping HOS Rules ‘Essentially Intact’
American Trucking Associations said in a filing with the Federal Motor Carrier Safety Administration that current driver hours-of-service regulations “should remain essentially intact.â€
March 11, 2005