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Swift CFO Resigns

Ramey Peru, chief financial officer of truckload carrier Swift Transportation, will resign from his position effective Dec. 31, the carrier said.

November 26, 2007

Neighbors Oppose Truck Parking Expansions

Mark Zaluski was one of the lucky ones. At 3:10 p.m. on Oct. 25, his rig occupied one of only 16 truck parking spaces on the north side of a travel plaza off Interstate 94 about 40 miles north of Chicago.

November 26, 2007

NITL President Ficker Resigns

John Ficker, president of the National Industrial Transportation League, will step down at the end of November, NITL said Monday.

November 19, 2007

Fenway Partners Acquires Consolidated Fastfrate

Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.

November 19, 2007

U.S. Shipments to Mexico, Canada Hit Record in 2006

The value of U.S. Freight Shipments to Canada and Mexico in 2006 rose to a record $866 billion from $790 billion in 2005, the Department of Transportation’s Bureau of Transportation Statistics said Monday.

November 19, 2007

UPS Executive Urges Shippers To Back Taxes for Infrastructure

ATLANTA — UPS Inc.’s incoming chief financial officer told shippers here what freight carriers have long heard: The U.S. transportation network is so clogged — and getting worse — that Congress must create an infrastructure improvement plan and pay for it with dedicated taxes on the system’s users.

November 19, 2007

Class 8 Truck Sales Drop 53.1% In Oct. on Weak Freight Market

Heavy-duty retail truck sales in the United States fell 53.1% in October, the sixth straight month in which sales fell 50% or more below 2006 levels, according to WardsAuto.com.

November 19, 2007

Diesel Jumps to $3.425

U.S. diesel fuel prices rose another 12.2 cents last week to $3.425 a gallon, the second consecutive record high and the eighth increase in the past nine weeks, the Department of Energy said.

November 19, 2007

CFI Raises Driver Pay

Contract Freighters Inc., Joplin, Mo., said it will raise pay for all drivers by 1 cent per mile.

November 16, 2007