Arkansas Best Corp. Wednesday reported a first-quarter loss of $18.2 million, or 73 cents a share, compared with a profit of $8.5 million, or 34 cents, a year ago.
April 22, 2009Search
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Cargo Theft Still ‘On the Rise’
Cargo theft continues to be a problem for the freight transportation industry and could cause insurance premiums to increase, two experts said.
April 27, 2009Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
California Adopts Low-Carbon Fuel Standard
The California Air Resources Board has adopted a low-carbon fuel regulation that targets cutting greenhouse gas emissions from the state’s transportation fuels by 10% by the year 2020.
April 27, 2009Trucking Faces Core Changes, Hebe Says
OXON HILL, Md. — The entire North American trucking industry is in the midst of a fundamental reshaping, which will lead to flat tonnage levels for fleets and fewer truck manufacturers producing much more expensive vehicles and mostly in Mexico, said a senior executive of Navistar Inc.
April 27, 2009Ontario to Allow Double 53-Foot Trailers on Some Roads in 1-Year Pilot Program
The Ontario Ministry of Transportation said it will begin issuing permits this summer allowing double, 53-foot trailers on selected highways in the province.
April 27, 2009Court Backs FedEx Claim on Mass. Drivers
FedEx Corp.’s package delivery unit won a victory in its ongoing battle over the classification of its drivers when a federal appeals court ruled April 21 that a handful of Massachusetts drivers were wrongly classified as employees with the ability to unionize, instead of as independent contractors.
April 27, 2009Shippers Oppose Petition By Union Pacific Seeking STB Permission to Decline Hazmat
Union Pacific Corp.’s petition seeking Surface Transportation Board permission to limit the railroad’s common carrier freight-hauling responsibilities has elicited a common response from nearly all other interested parties: Absolutely not.
April 27, 2009Companies Pushing for Higher Premiums to Compensate for Losses on Investments
The long downward trend in insurance rates for fleets may be coming to an end as more insurers push for higher premiums to make up for investment losses and as fewer underwriters compete for the business.
April 27, 2009Letters: Rooftop Snow (Cont.), GVW Increase, Truck APUs
I agree with the letter writer’s arguments concerning the liability aspects of drivers on top of trailers unless proper fall safety equipment is used.
April 27, 2009Load Volumes Decline for Logistics Firms but Gross Margins Rise, Voltmann Says
Freight brokers and logistics providers, who met earlier this month in San Antonio, provided more evidence of the bleak condition of the freight transportation business and also moved to gather data on the size of their segment of the industry.
April 21, 2009