Truck tonnage decreased 12.2% in March compared with a year ago, falling to the lowest level since March 2002, American Trucking Associations said.
April 28, 2009Search
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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, 2009Covenant 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, 2009Recession 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, 2009Cargo Theft Still On the Rise
Cargo theft continues to be a problem for the freight transportation industry and could cause insurance premiums to increase, two experts said.
April 27, 2009Opinion: Sometimes Big Brother Is the Good Guy
For years, carriers have sought ways to improve their drivers behavior when on the road and out of corporate sight, relying mainly on word of mouth and variations on those ubiquitous Am I Driving Safely? signs.
April 29, 2009California Adopts Low-Carbon Fuel Standard
The California Air Resources Board has adopted a low-carbon fuel regulation that targets cutting greenhouse gas emissions from the states transportation fuels by 10% by the year 2020.
April 27, 2009Trucking Faces Core Changes, Hebe Says
OXON HILL, Md. The entire North American trucking industry is in the midst of a fundamental reshaping, which will lead to flat tonnage levels for fleets and fewer truck manufacturers producing much more expensive vehicles and mostly in Mexico, said a senior executive of Navistar Inc.
April 27, 2009Ontario to Allow Double 53-Foot Trailers on Some Roads in 1-Year Pilot Program
The Ontario Ministry of Transportation said it will begin issuing permits this summer allowing double, 53-foot trailers on selected highways in the province.
April 27, 2009Court Backs FedEx Claim on Mass. Drivers
FedEx Corp.s package delivery unit won a victory in its ongoing battle over the classification of its drivers when a federal appeals court ruled April 21 that a handful of Massachusetts drivers were wrongly classified as employees with the ability to unionize, instead of as independent contractors.
April 27, 2009