Truck tonnage in June rose 5.4% from a year earlier, the eighth consecutive year-over-year increase, and the largest year-over-year gain since January 2005, American Trucking Associations said.
July 29, 2008Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Coast Guard Sets First Dates For TWIC Card Requirement
The U.S. Coast Guard has begun setting dates when truckers and others who enter ports in ports must have the government-issued Transportation Worker Identification Credential, or TWIC, that is meant to prevent terror attacks on the docks.
July 31, 2008Wabash National Corp. Reports Second Quarter Loss
Trailer manufacturer Wabash National Corp. reported a net loss of $3.2 million, or 11 cents a share, for the second quarter of 2008, down from earnings of $5.9 million, or 18 cents, a year ago.
July 31, 2008$8 Billion Highway Trust Fund Fix Effectively Dead
Senate Republicans voted Wednesday to continue debate on a measure that would have bolstered the Highway Trust Fund, effectively killing the bill.
July 30, 2008More Hazmat Shippers Considering Trucks
Sharply higher rail rates for carrying hazardous materials known as toxic inhalants have led some shippers to shift to trucks, said John Conley, president of the National Tank Truck Carriers.
July 30, 2008Cummins’ Profits Rise as Engine Demand Recovers
Engine manufacturer Cummins Inc., said that its second-quarter profits rose to a record as overseas demand bolstered a recovering North American truck-engine market.
July 30, 2008Iowa Highway Reopens After Flood Repairs
Part of Iowa Highway 1 that had been severely damaged by heavy flooding last month has reopened, the state's transportation department said Wednesday.
July 30, 2008Covenant Reports 2Q Earnings
Covenant Transportation Group said late Tuesday it lost $2.3 million, or 17 cents a share, in the second quarter, compared with a loss of $11.3 million, or 80 cents, a year ago.
July 30, 2008Covenant Reports 2Q Earnings
Covenant Transportation Group said late Tuesday it lost $2.3 million, or 17 cents a share, in the second quarter, compared with a loss of $11.3 million, or 80 cents, a year ago.
July 30, 2008June Tonnage Index Jumps 5.4%, ATA Says
West Coast Ports, Longshore Union Reach Tentative Agreement
The International Longshore and Warehouse Union and the Pacific Maritime Association have reached a tentative agreement on a new six-year labor contract that will cover more than 25,000 workers at 29 West Coast ports, the groups said Tuesday in a joint statement.
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