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Trucking Stocks Rebound Sharply

Trucking and transportation stocks rose sharply Wednesday as the general stock market rebounded, news reports said.

January 24, 2008

Letters to the Editor: HOS, Public Citizen, Fuel Prices, N.J. Turnpike, Fuel in New England

So, we were able to keep two important features of the hours-of-service rules in place — which should have been no surprise to any one.

January 24, 2008

Knight’s Fourth-Quarter Income Drops

Truckload carrier Knight Transportation’s fourth-quarter profit fell to $13.8 million, or 16 cents a share, from $18.9 million, or 23 cents, a year ago.

January 24, 2008

Maine Suspends Some Weight Restrictions Due to Fuel Prices

Maine Gov. John Baldacci (D) signed a bill to temporarily allow trucks hauling forest products to exceed state weight limits by 5% in hopes of helping them offset high fuel prices, the Associated Press reported.

January 23, 2008

Panel Urges Infrastructure Overhaul

WASHINGTON — In a controversial report calling for huge new spending on the national transportation system, a congressional commission last week made several recommendations that would affect trucking, including new flexibility in the federal driver hours-of-service rule in congestion-prone areas.

January 21, 2008

DOT’s Peters Disavows Commission’s Proposals

WASHINGTON — A congressional report calling for a huge new federal investment in transportation infrastructure financed by hefty tax increases brought sharp opposition from Republicans, including Transportation Secretary Mary Peters, who led the commission.

January 21, 2008

Descartes Acquires Fluensee’s MobiTrac

Canadian Logistics software provider Descartes Systems Group said it has acquired Fluensee Inc.’s MobiTrac fleet management business.

January 22, 2008

TTNews.com to Close Monday for MLK Holiday

TTNews.com will be closed Monday for the Martin Luther King Jr. Day holiday. Please check back on Tuesday, Jan. 22, for the latest trucking and freight transportation news.

January 18, 2007

Fed ‘Beige Book’ Cites Softer Freight Volumes

Economic activity increased modestly from of mid-November through early January, although demand for transportation services was generally weak, the Federal Reserve said.

January 17, 2008

Rail, Intermodal Traffic Gain

Rail carload and intermodal traffic rose for week ended Saturday compared with a year ago, the Association of American Railroads said.

January 17, 2008