Trucking and transportation stocks rose sharply Wednesday as the general stock market rebounded, news reports said.
January 24, 2008Search
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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, 2008Knight’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, 2008Maine 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, 2008Panel 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, 2008DOT’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, 2008Descartes Acquires Fluensee’s MobiTrac
Canadian Logistics software provider Descartes Systems Group said it has acquired Fluensee Inc.’s MobiTrac fleet management business.
January 22, 2008TTNews.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, 2007Fed ‘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, 2008Rail, 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