Truck maker Volvo ABs first-quarter profit dipped 5.8% as North American sales declined, but the companys European sales increased, Bloomberg reported Friday.
May 11, 2007Search
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Fleets Grow as Freight Falls
NEW YORK The decline in freight volume this year and the number of heavy-duty trucks purchased last year during the pre-buy were both markedly bigger than analysts thought, leading to too many trucks chasing too little business.
May 14, 2007Bush Outlines Emissions-Reduction Plan
President Bush on Monday ordered U.S. government agencies to begin taking regulatory steps to curb vehicle emissions and urged Congress to enact legislation to reduce U.S. dependence on foreign oil.
May 14, 2007Feds Probing Oil-Trading Practices
Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.
May 10, 2007Rail, Intermodal Fall Again
Rail carload and intermodal freight both fell last week compared with a year ago, continuing a trend this year, the Association of American Railroads said.
May 10, 2007DHS Sets $11.6 Mln. for Highway Watch Program
The Department of 窪蹋勛圖厙land Security said Thursday it has issued an $11.6 million grant to the Highway Watch program it sponsors jointly with American Trucking Associations.
May 16, 2007Moyes Completes Swift Buyout Deal
Swift Transportation Co. founder Jerry Moyes said Thursday he has completed his $2.5 billion takeover of the truckload carrier.
May 11, 2007Safety & Security Briefs
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Interpools 1Q Income Falls
Interpool Inc., a maker of shipping containers and chassis for intermodal container transportation, reported its first-quarter net income declined from a year ago.
May 9, 2007Senator Seeks Stricter Rules for Hazmat Drivers
Sen. Barbara Boxer (D-Calif.) has asked the Department of 窪蹋勛圖厙land Security to come up with stronger guidelines for truckers who transport gasoline and other hazardous materials, the Associated Press reported.
May 9, 2007