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Rail Freight Slowing in First Quarter, Analyst Says
Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.
February 26, 2007
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
DOT to Begin Audits of Mexican Trucking Companies
Inspectors from the Federal Motor Carrier Safety Administration will travel to Mexico to conduct safety audits on trucking companies interested in hauling cargo to and from the United States, the Department of Transportation said late Thursday.
February 23, 2007DOT to Allow Mexican Trucks Access to U.S. Highways
EL PASO, Texas — The United States will grant Mexican trucks access to U.S. highways under a pilot program, Transportation Secretary Mary Peters announced here today.
February 23, 2007Canada May Pass Law to End CN Railroad Strike
Canadian Labor Minister Jean-Pierre Blackburn introduced legislation Friday to force striking Canadian National Railway Co. employees back to work as early as next week, Bloomberg reported.
February 23, 2007Morgan Stanley to Buy 80% Interest in Montreal Port
Morgan Stanley said Thursday it plans to acquire an 80% interest in the Port of Montreal, the third-largest container port in North America.
February 22, 2007Universal Truckload Services’ 4Q, Full-Year Income Improves
Universal Truckload Services earned $5.3 million or 33 cents a share in the fourth quarter, up from $4.7 million or 29 cents a year earlier.
February 22, 2007House Panel Criticizes DOT for Pushing Privatization
WASHINGTON — Leading members of the House Subcommittee on Transit and Highways from both parties sharply criticized the Department of Transportation’s recent push toward privatization and public-private partnerships.
Maritime Commission Approves ATA Intermodal Settlement
The Federal Maritime Commission has approved a settlement negotiated between American Trucking Associations’ Intermodal Motor Carriers Conference and an FMC-regulated ocean carrier, ATA said Thursday.
February 22, 2007Diesel Rises for Third Straight Week, Climbing 1.5 Cents to $2.491
The average national retail price of diesel fuel rose 1.5 cents to $2.491 a gallon, the Energy Department reported Tuesday.
February 21, 2007ATA’s Graves Criticizes Privatization Trend on CNBC
American Trucking Associations President Bill Graves criticized the growing trend of privatization of toll roads on CNBC’s “Street Signs” program Tuesday.
February 21, 2007