U.S. truck tonnage fell 7.3% in September from the same month last year, the best year-to-year showing since November 2008, American Trucking Associations said Friday.
October 23, 2009Business, Safety, Government
PHMSA Says It Will Issue Wetlines Rule Covering Both New, Existing Tank Trailers
The Pipeline and Hazardous Materials Safety Administration said it would issue a new regulation early next year that will prohibit the transportation of flammable liquids in unprotected product piping on both existing and newly manufactured cargo tank trucks.
October 26, 2009Business, Government, Safety, Fuel
ATA, Long Beach Settle Port Suit
The Port of Long Beach and American Trucking Associations last week reached an out-of-court settlement of ATA’s federal lawsuit challenging portions of the port’s Clean Trucks Plan. The agreement will simplify the registration process for carriers moving containers at the port.
October 26, 2009Business, Logistics, Government
Diesel Soars 10.5¢ to $2.705
The average U.S. price of diesel jumped more than 10 cents a gallon and gasoline rose nearly as much last week, while petroleum closed above $81 a barrel on national commodities markets for the first time in more than a year.
October 26, 2009Business, Safety
Truck Tonnage Sees 7.3% Drop
Business
Mack, Volvo Trucks to Merge
Mack Trucks and Volvo Trucks North America will merge next month into a single corporate entity, the (Allentown, Pa.) Morning Call reported.
October 23, 2009Business
Saia Increases 3Q Profit
Saia Inc. said its third-quarter profit increased to $3.3 million, from $2.8 million the prior year.
October 23, 2009Business, Logistics
Existing ºÚÁϳԹÏÍø Sales Jump to Two-year High
Existing homes sales jumped in September to the highest level in more than two years, the National Association of Realtors said Friday.
October 23, 2009Business, Safety, Government, Logistics
TransForce Reports Lower 3Q Income
Canadian transportation and logistics firm TransForce Inc. said its third-quarter net income fell to C$17 million, or 19 cents a share, from C$26.5 million, or 31 cents, a year ago.
October 23, 2009Government, Business, Safety
Volvo Reports Fourth Straight Loss
Volvo AB said Friday it lost $427 million, or 21 cents a share in the third quarter, less than analysts’ estimates, as labor reductions showed savings faster than anticipated, Bloomberg reported.
October 23, 2009Business, Safety
Intermodal Traffic Declines for Week
U.S. intermodal rail traffic fell 12.6% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
October 23, 2009