Truck tonnage plummeted 14.1% in December from the same month last year, the biggest year-over-year decrease since February 1996, American Trucking Associations said late Monday.
January 27, 2009Business, Safety, Government, Logistics
C.H. Robinson’s 4Q Income Rises
Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago.
January 27, 2009Business
Marten’s 4Q Income Improves
Refrigerated truckload carrier Marten Transport’s fourth-quarter net income rose to $5.8 million, or 27 cents a share, from $3 million, or 14 cents a year ago.
January 27, 2009Business, Safety
December Truck Tonnage Plunges 14.1%
Business
Con-way Reports 4Q Loss
Con-way Inc. late Monday reported a fourth-quarter loss, suspended its full-year earnings outlook and set a pay freeze for management and administrative employees.
January 27, 2009Fuel, Business, Logistics, Government
Diesel Drops 2.8¢ to $2.268
Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.
January 27, 2009Business, Government, Logistics
Canadian Railroads’ 4Q Earnings Decline
Canada’s two major freight railroads reported lower fourth-quarter earnings on lower freight demand.
January 27, 2009Government, Business
Consumer Confidence Reaches New Record Low
Consumer confidence fell to a new record low in January, the Conference Board said Tuesday.
January 27, 2009Government, Business
Leading Indicators Rise 0.3% in December
An index of leading economic indicators rose 0.3% in December, marking the first gain in six months, the New York-based Conference Board said Thursday.
January 26, 2009Government, Business, Safety, Fuel
ATRI: ULSD Has More Energy Than Engineers First Expected
Ultra-low-sulfur diesel, the standard fuel of heavy-duty trucking since late 2006, has more energy content than engineers originally had expected, a welcome surprise, according to a study from the American Transportation Research Institute.
January 26, 2009Business, Safety, Technology, Government
Former ATA Chairman Kuntz Joins SkyBitz Board
Ray Kuntz, immediate past chairman of American Trucking Associations, has joined the board of directors at trailer tracking firm SkyBitz, the company said Monday.
January 26, 2009