A federal judge said she will block the concession plans at the ports of Los Angeles and Long Beach, including L.A.s requirement that truck drivers be trucking company employees and not contractors, the Associated Press reported.
April 28, 2009BusinessGovernment
Going Green Can Offer Dealers Financial Benefits, Panelists Say
OXON HILL, Md. Truck dealers and their fleet customers who feel forced to concern themselves with government environmental regulations should consider embracing the subject, as green issues carry increasing weight with the shipping business community and conservation can lead to better profitability, said panelists at a dealer workshop here.
April 28, 2009GovernmentBusiness
Consumer Confidence Jumps in April
Consumer confidence jumped in April to the highest level since November, the Conference Board said Tuesday.
April 28, 2009FuelBusinessLogisticsGovernment
Diesel Drops 2瞽 to $2.201
The national average price of diesel fuel fell for a second straight week, dropping 2 cents to $2.201 a gallon, the Department of Energy said Monday.
April 28, 2009GovernmentBusinessSafety
Daimler Reports Loss for First Quarter
Daimler AG said Tuesday it lost $1.68 billion in the first quarter, compared with a profit of $1.73 billion a year ago, the Associated Press reported.
April 28, 2009Business
Paccars First-Quarter Income Declines
Heavy-duty truck maker Paccar Inc. said Tuesday its first-quarter profit plunged to $26.3 million, or 7 cents a share, from $292.3 million, or 79 cents, a year ago.
April 28, 2009BusinessSafetyGovernment
Covenant Says It Lost $5.5 Million in First Quarter
Covenant Transportation Group said Tuesday it lost $5.5 million, or 39 cents per share, in the first quarter, compared with a loss of $7.8 million, or 56 cents, a year ago.
April 28, 2009BusinessSafety
ATA Offers Carriers Guidance on Potential Pandemic Preparations
American Trucking Associations has reminded motor carriers of the actions they should take to prepare for a possible influenza pandemic in light of the swine flu outbreak.
April 28, 2009BusinessSafetyGovernment
Recession Hurting Used-Truck Exports
OXON HILL, Md. The sale of used North American trucks to overseas markets may once again become a useful technique for maximizing revenue for sellers, industry executives said, but for now the recession has caused even that market to decline.
April 28, 2009Business
Celadon Reports Fiscal Third-Quarter Loss
Truckload carrier Celadon Group lost $2.1 million, or 10 cents a share, in its fiscal third-quarter, compared with a profit of $100,000, or 1 cent, a year ago.
April 27, 2009