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Judge Rules Against Calif. Trucking Company over Classification
A state judge in Los Angeles has issued a civil judgment against a California trucking company that misclassified its drivers as independent contractors, California Attorney General Edmund Brown Jr. said Thursday.
February 4, 2010Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
ISM Services Index Improves
The U.S. economy’s service sector improved in January for the first time in three months, the Institute for Supply Management said Wednesday.
February 3, 2010Patriot’s Fiscal 1Q Earnings Decline
Tank and bulk carrier Patriot Transportation Holding’s fiscal first-quarter net income fell 23.5% to $1.34 million, or 43 cents per share, from $1.7 million, or 56 cents, a year ago.
February 3, 2010Covenant’s 4Q Loss Narrows
Covenant Transportation Group said late Wednesday its fourth-quarter loss narrowed from a year ago, as freight revenue declined.
February 3, 2010Opinion: Truck Driver Training: The Reality
We almost made it through 2009 without another national news exposé of the trucking industry, but then came November and December. This time, the focus was on truck driver training and motor carrier employment practices.
February 4, 2010Great Dane Buys Refrigerated Truck Body Maker
Great Dane Trailers said Wednesday it has acquired Johnson Refrigerated Truck Bodies, which makes insulated fiberglass refrigerated truck bodies. Terms were not released.
February 3, 2010Cummins’ Fourth-Quarter Profit Jumps to $270 Million
Diesel engine maker Cummins Inc. said Tuesday its profit jumped in the fourth quarter due in part to strong sales in China, India and Brazil.
February 2, 2010C.H. Robinson’s 4Q Profit Declines
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $87.7 million, or 52 cents a share, down slightly from $88.9 million, or 52 cents a share, a year ago.
February 2, 2010Obama Requests $78.8 Billion for DOT
The Department of Transportation would get an additional $2 billion next year if Congress approves the budget proposal made by President Obama on Monday.
February 2, 2010Michigan Seeks Private Partners For Bridge Project
Michigan has issued a request for “proposals of interest” from private investors to partner with the state and Canada in building the planned new bridge between Detroit and Windsor, Ontario.
February 1, 2010