Transportation Secretary Ray LaHood said Monday that federal money saved on state transportation projects must be used for additional transportation projects.
April 20, 2009Search
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Knight’s First-Quarter Income Improves
Truckload carrier Knight Transportation’s first-quarter profit rose to $11.7 million, or 14 cents a share, from $11.4 million, or 13 cents, a year ago.
April 22, 2009
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Hino Posts $628 Million Loss on Pension Charges
Hino Motors Ltd., Japan’s largest heavy-duty truck maker, had a wider-than-expected annual loss because of falling sales and one-time costs from a change in its pension system, Bloomberg reported Tuesday.
April 21, 2009C.H. Robinson Reports Flat 1Q Income
Transportation and third-party logistics firm C.H. Robinson Worldwide’s first-quarter profit dipped slightly to $85.4 million, or 50 cents a share, from $86.3 million, or 50 cents, a year ago.
April 21, 2009Court Backs FedEx on Drivers’ Status
FedEx Corp.’s small-package delivery drivers may be classified as independent contractors and not company employees, a federal appeals court ruled Tuesday, Bloomberg reported.
April 21, 2009Court Dismisses Teamsters’ Suit Over Mexican Trucks
A federal appeals court Monday dismissed a lawsuit by the Teamsters union and other groups who had challenged a cross-border trucking program with Mexico, saying the suit was moot because the Obama administration and Congress ended the program.
April 20, 2009California Begins Reefer Rule Reporting
The California Air Resources Board said it is now enforcing the identification and reporting requirements for California-based transport refrigeration units on trucks, trailers, shipping containers and rail cars assigned to terminals in the state.
April 20, 2009Norfolk Southern Wins Ethanol Depot Ruling
A federal judge ruled that Norfolk Southern Corp. can continue operating an ethanol-transfer station in Alexandria, Va., overruling a local ordinance, Bloomberg reported.
April 17, 2009As Vehicle Sales Slump, Competition Heats Up
Common wisdom has long maintained that truck dealers make more money from parts and service than from new vehicle sales. But the economic reality today is challenging even that old maxim.
April 20, 2009Most Sterling Dealers Signed Settlement Deals with Daimler Trucks, ATD Board Member Says
Most of the 300 Sterling Trucks dealers in the United States and Canada accepted settlement offers from Daimler Trucks North America after DTNA announced it would shut the brand down, the Sterling board member of the American Truck Dealers said April 9.
April 20, 2009