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Swift, Covenant Say Earnings to Miss Forecasts
Two major U.S. trucking companies have warned that second-quarter earnings will be lower than current analysts’ projections because of continued weak demand for shipping and high fuel costs.
June 7, 2001Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Executive Briefing - June 7
UPS Launching Presort Service in Dallas-Ft. Worth; Labor to Hold Ergonomics Hearings, Post Says; Budget Group Expect to Post Profit in 2002; Bush Signs Tax Cut Bill Into Law; and more...
June 7, 2001Detroit Diesel Cites EPA on Emissions Deadline
Detroit Diesel Corp. said Thursday that it was notified by the U.S. Environmental Protection Agency and the Department of Justice that the government will not change the consent decree schedule to meet more stringent engine emissions standards by October 2002.
June 7, 2001Trucking Technology Report - June 7
Motorola Says It Gained Handset Market Share; Pacer, Qiva in $10 Million Deal; Trucking Firm Turn to Logistics ASP to Cut Costs; and more...
June 7, 2001ATA Names New America's Road Team
The American Trucking Associations unveiled the captains of the new 2001 America’s Road Team on Wednesday.
June 6, 2001Congress Asked to Block Mexico-U.S. Border Opening
Congress may be on a crash course with the White House in an attempt to pressure President Bush to indefinitely delay the scheduled Jan. 1, 2002, full opening of the border to trucks from Mexico carrying freight into and out of the United States.
June 6, 2001Marketing of Products to Beat Drug Tests Grows More Aggressive
Since the advent of drug testing in trucking and in business in general, a whole cottage industry devoted to hoodwinking the tests has evolved. And the most popular vehicle for marketing products designed to mask telltale signs in urine samples appears to be the Internet.
June 6, 2001Executive Briefing - June 6
Gillette, Lucent Plan to Eliminate Jobs; Union Pacific Says Quick Recovery Unlikely; CPR to Enlarge Intermodal Facilities; Stoughton Files Notice of Plans for Layoffs; and more...
June 6, 2001Bush Lifts Ban on Mexican Investment
The White House has lifted the long-standing ban on foreign investment in U.S. trucking and bus companies doing international business.
June 6, 2001Cummins Hails EPA Enforcement on Consent Decrees
Cummins Inc. hailed a decision by the Environmental Protection Agency on Wednesday to enforce consent decrees signed by engine manufacturers in 1998.
June 6, 2001