Swift Transportation Co.s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.
April 19, 2007Search
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Stricter Emission Rules Raise Costs, Freight, Shipping Executives Say
By Sean McNally, Senior Reporter
April 9, 2007Greenhouse Ruling Could Raise Costs
The Supreme Courts ruling that the EPA must reconsider its position to leave greenhouse gas emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007FedEx Buys Air Cargo Firm
FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.
April 6, 2007Air Cargo Shipments Dip 0.6%
Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.
April 3, 2007Kitty Hawks 4Q Earnings Increase
Air freight and cargo company Kitty Hawk Inc. said Tuesday it earned $8.3 million or 15 cents a share in the fourth quarter, compared with a loss of $4.1 million or 8 cents a year earlier.
April 3, 2007Supreme Court Calls for Review of Greenhouse Gas Rules
The Supreme Court Monday ordered the federal government to take a new look at regulating carbon dioxide emissions from vehicles, in a rebuke to the Bush administrations policy on global warming, the Associated Press reported.
April 2, 2007Falling Freight Gives Shippers Leverage
A loosening of the tight capacity for freight hauling now makes the fuel-surcharge programs upon which motor carriers depend to insulate them from fuel price spikes vulnerable to demands for change by shippers.
April 2, 2007EPA Issues SCR Guidelines
The U.S. EPA said last week that diesel engine manufacturers who want to use selective catalytic reduction to meet EPAs 2010 emission rules must supply the urea SCR requires and prove it will be available to truck drivers using those engines.
April 2, 2007Trucking Would Consider Higher Taxes, Graves Says
The trucking industry is willing to pay higher fuel taxes as long as the money is spent to improve the highway infrastructure, American Trucking Associations President Bill Graves said.
March 23, 2007