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Truck Tonnage Index Rebounds in December, Rising 3.9%

American Trucking Associations’ advanced seasonally adjusted truck tonnage index jumped 3.9% in December, following a 3.6% downturn in November.

January 26, 2007

Ford Posts Big Losses for Fourth Quarter, Full Year

Ford Motor Co. lost $5.8 billion in the fourth quarter amid slumping sales and huge restructuring costs, pushing the No. 2 U.S. automaker’s s loss for the year to $12.7 billion, the largest in its 103-year history, the Associated Press reported.

January 25, 2007

Canadian National Reports Higher 4Q Income, Boosts Dividend

Canadian freight railroad Canadian National Railway Co. reported its fourth-quarter net income rose 16% to C$499 million, with earnings-per-share rising to 95 cents.

January 24, 2007

Critics Call Onboard Recorder Proposal Ineffective

The Transportation Department’s recent proposal to use electronic onboard recorders to monitor driver hours is “weak” and ineffective, safety advocacy groups said last week, while some trucking industry organizations applauded the plan.

January 24, 2007

Letter to the Editor: HOS Problems (Continued)

to write a Letter to the Editor.
The problem is not with the “black box,” it’s with the 14-hour rule. We are not children, we are professionals. So why doesn’t anyone understand the problem? We are always up against the wall when it comes to hours of service.

January 24, 2007

Security & Safety Briefs — Jan. 18 - Jan. 24

Driver Gets Life in Smuggling Deaths • New Passport Rule Takes Effect • Okla. Study Cites Cellphone Accident Hazards • N.D. Lawmaker Wants 40-Mph Minimum on Interstates

January 24, 2007

Knight Reports Record Fourth-Quarter, ’06 Income, Revenue

Truckload carrier Knight Transportation said late Wednesday that its revenue and income for the fourth quarter and full-year 2006 reached records.

January 24, 2007

Swift Founder Jerry Moyes to Buy Company for $2.74 Billion

Swift Transportation Co. agreed late Friday to be acquired by company founder Jerry Moyes for $31.55 a share, or about $2.74 billion, the company said.

January 22, 2007

Technology Briefs — Jan. 17 - Jan. 22

Georgia Weigh Stations to Use PrePass • Purolator Selects Software System from Carrier Logistics • Iowa Plans Internet Kiosks at Rest Stops • President to Address Global Warming in Tuesday Speech

January 22, 2007