YRC Worldwide Monday reported a fourth-quarter loss of $735.8 million, or $12.99 a share, as it took a charges on writing down its acquisitions.
January 28, 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.
Trucks, Autos Facing Higher Tolls, Paper Says
Drivers around the country will see big hikes in toll fees this year for roads, bridges and tunnels, USA Today reported Monday.
January 28, 2008YRC Reports Fourth-Quarter Loss
New ºÚÁϳԹÏÍø Sales Drop for 2007 Is Lowest on Record
New home sales fell 4.7% in December, capping the biggest annual decline on record, the Commerce Department said Monday.
January 28, 2008Con-way TL Selects Qualcomm as New Communications System
Herb Schmidt, president of Con-way Truckload, said the carrier will replace its Geologic mobile communications equipment with Qualcomm’s OmniVision system.
January 28, 2008Trucking Hopeful for Gains
Congress, President Bush and the Federal Reserve agreed last week to several dramatic moves aimed at stimulating the U.S. economy, and trucking industry officials said they hoped the actions would boost the fortunes of freight haulers.
January 28, 2008Johnson Refrigerated Develops System for Automatic Defrost on Truck Bodies
Johnson Refrigerated Truck Bodies said that it has developed an automatic defrost option for its fiberglass truck bodies that is “100% automatic, requires zero man-hours [and] no water.â€
January 28, 2008Court Rejects Hours of Service Challenge
A federal court rejected a request that it overturn the driver hours-of-service rule retaining controversial longer driving times that the Federal Motor Carrier Safety Administration issued last month.
January 28, 2008Truck Stops a Growing Sales Channel for Tire Makers
As truck stops become more consolidated into a few large national networks, tire manufacturers are finding that they can provide fleets with a full range of tire services — not simply emergency repairs and replacements — while trucks are on the road.
January 28, 2008Diesel Price Average Falls 5.6¢ to $3.27
The U.S. national average retail diesel fuel price fell 5.6 cents a gallon last week to $3.27, while gasoline dipped 5.1 cents to $3.017, the Department of Energy said.
January 28, 2008Diesel Drops 2.8¢ to $2.268
<?xml:namespace prefix = o />Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.
January 26, 2008Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics