Despite some signs of economic recovery, transportation services activity in most regions declined in the six weeks through mid-October, the Federal Reserve said Wednesday.
October 21, 2009Business, Government, Safety
Caterpillar Announces Next CEO
Heavy equipment manufacturer Caterpillar Inc. said Thursday that Douglas Oberhelman will become its chief executive officer in July 2010.
October 22, 2009Business, Technology, Equipment, Safety
Ryder’s Third-Quarter Income Declines
Ryder System said Thursday its third-quarter profit fell to $24 million, or 43 cents a share, from $70.2 million, or $1.24, a year earlier.
October 22, 2009Business, Safety, Government
Knight’s 3Q Income Declines
Truckload carrier Knight Transportation’s third-quarter profit fell to $13.1 million, or 16 cents a share, compared with $16 million, or 19 cents, a year ago.
October 21, 2009Business, Safety, Government
Trucking Sluggish in Some Regions, Fed ‘Beige Book’ Says
Business, Safety, Government, Logistics
C.H. Robinson’s 3Q Profit Improves
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a third-quarter profit of $95.5 million, or 57 cents a share, up slightly from $93.6 million, or 54 cents a share, a year ago.
October 21, 2009Business, Safety, Fuel
ATA, Port of Long Beach Settle Lawsuit
Officials with the Port of Long Beach and American Trucking Associations reached an out-of-court settlement to ATA’s federal lawsuit Monday, announcing that the port’s concession requirement contained in the clean trucks plan will be replaced with a registration process.
October 20, 2009Government, Business, Technology, Equipment, Safety
Company Awarded FMCSA Contract to Screen Drivers
NIC Technologies LLC said Tuesday it has been awarded the contract to oversee the Federal Motor Carrier Safety Administration’s pre-employment screening system for truck and bus drivers.
October 20, 2009Government, Business, Safety
Transport Advocates Optimistic About Road Bill Early Next Year
Transportation officials said they are optimistic Congress still will pass a long-term highway bill in coming months, but the exact timetable could depend on how quickly lawmakers wrap up debate on other legislation.
October 20, 2009Government, Business, Safety
Feds Eye New Hazmat Carrier Regs
Federal regulators plan to offer a new regulation early next year that will prohibit flammable liquids from being transported in unprotected product piping on existing and newly manufactured cargo tank trucks.
October 20, 2009Government, Business, Technology, Equipment, Safety
N.Y. Governor Wants to Regulate GPS Use in Trucking
New York Gov. David Paterson (D) is calling for a state law that would require truckers using global positioning system devices to use only ones containing truck route information.
October 20, 2009