Truck tonnage rose 7.6% in June from a year ago, the seventh straight year-over-year increase, American Trucking Associations said Tuesday.
July 27, 2010Business, Safety, Government
P.A.M. Reports Second-Quarter Profit
P.A.M. Transportation Services reported a profit of $1.3 million in the second quarter, compared with a $2.4 million loss a year ago.
July 27, 2010Government, Business, Safety
Rendell Pleads for Special Session to Address Transportation
In a plea to the Pennsylvania State Legislature to hold a special session on transportation funding, Gov. Edward Rendell (D) recently told members of the Senate Transportation Committee that, collectively in their 13 districts, they have 1,970 structurally deficient bridges.
July 27, 2010Government, Business, Safety
Six More States Act To Prohibit Indemnification Contracts
Florida and Louisiana are among six states this year to pass anti-indemnification laws that prohibit contractors from shifting insurance liabilities onto truckers.
July 27, 2010Business
Truck Tonnage Rises 7.6% in June
Government, Business
New Georgia Law Protects Truckers on Liability
As of this month, under a new Georgia law carriers in that state can no longer be forced to accept unwarranted insurance liability in order to get a special permit.
July 27, 2010Business
Daimler Returns to Profit in 2Q
Daimler AG said Tuesday that it earned $2.74 billion (2.1 billion euros) in the second quarter, matching a forecast from earlier in July, the Associated Press reported.
July 27, 2010Government, Business, Safety, Logistics
Kansas City Southern’s 2Q Profit Improves
Kansas City Southern said it earned $34.6 million, or 34 cents a share, in its second quarter, compared with $6.5 million, or 7 cents, the previous year.
July 27, 2010Business, Government, Logistics
Consumer Confidence Falls in July to 5-Month Low
Consumer confidence declined this month to its lowest level in five months, the New York-based Conference Board said Tuesday.
July 27, 2010Business
Wright Express Reports Drop in 2Q Profit
Wright Express Corp.’s second-quarter profit fell to $30 million, or 77 cents per share, compared with $93.2 million, or $2.36, a year ago.
July 27, 2010Government, Business
FMCSA Sends HOS Proposal to White House
The Federal Motor Carrier Safety Administration sent its proposal for a new hours-of-service rule to the White House Office of Management and Budget for review Monday, meeting the first of its court-appointed deadlines for issuing the rule.
July 27, 2010