Latest News Updates From Tiffany Wlazlowski

Truckload Profits Rise Despite Driver Issues

Many truckload carriers said profits pushed higher during the second quarter despite a lingering inability to find and retain drivers that prohibited fleet expansion in spite of high demand for freight-hauling services.

August 13, 2004

Hurdles Could Slow Cross-Border Expansion

Several U.S. fleet executives said the Supreme Court’s June decision not to interfere with the opening of the entire United States to Mexican trucks created a business opportunity that relatively few companies might be eager to fill.

August 10, 2004

S&P Sees Stable Credit Quality for Most Transport Sectors

The credit quality of most transportation sectors, including trucking, remained stable in recent months, but some faced significant challenges because of high fuel prices and low-cost competition, credit rating agency Standard & Poor’s said.

July 30, 2004

HOS Ruling Raises Uncertainty About Future Fleet Operations

Motor carrier executives and shipper groups last week said they were uncertain how the court decision throwing out the new driver hours-of-service rules would affect fleet operations in coming weeks.

July 28, 2004

Trucks Sales Rise 35.6%

U.S. retail sales of Class 8 trucks surged 35.6% in June to their highest level in almost four years, prompting truck makers to further increase their production rates.

July 22, 2004

Loan Market Improves for Trucking, Bank Industry Officials Tell Execs

DALLAS — Economists and lending officials told trucking executives here that in a solidly growing economy it would be easier for trucking companies to borrow capital, as lenders accepted more risk and as more financial institutions returned to the market.

July 15, 2004

S&P Reports Fuel Surcharges Boost Shipper Costs 7% to 14%

The Standard & Poor’s credit-rating agency said that fuel surcharges by trucking companies that it reviews have added an average of 14% to freight bills for truckload shipments and 7% for less-than-truckload hauls.

July 14, 2004

Court Rejects CRST Request to Stop Hunt Hiring Its Drivers

A federal judge has refused to issue an immediate order that truckload carrier J.B. Hunt stop hiring drivers from CRST International Inc.

July 12, 2004

Fleet Officials: HOS Problems Are Fewer Than Anticipated

DALLAS — The costs of lost productivity and higher driver wages resulting from new federal hours-of-service rules for drivers were lower than truckload carriers originally anticipated, fleet officials and American Trucking Associations said.

July 9, 2004

Carriers See Boost From Economy, TL Overflow

At midyear, less-than-truckload carriers were enjoying a strong demand for their services as the economy continued to expand — with growth coming from freight-generating manufacturers and not just service providers.

July 8, 2004