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Swift Reports Lower 4Q Earnings; Full-Year Profit Rises
Truckload carrier Swift Transportation Co. said late Wednesday its fourth-quarter profit fell from a year earlier due to a soft freight environment.
January 25, 2007
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Ford Posts Big Losses for Fourth Quarter, Full Year
Ford Motor Co. lost $5.8 billion in the fourth quarter amid slumping sales and huge restructuring costs, pushing the No. 2 U.S. automakers s loss for the year to $12.7 billion, the largest in its 103-year history, the Associated Press reported.
January 25, 2007Canadian National Reports Higher 4Q Income, Boosts Dividend
Canadian freight railroad Canadian National Railway Co. reported its fourth-quarter net income rose 16% to C$499 million, with earnings-per-share rising to 95 cents.
January 24, 2007Critics Call Onboard Recorder Proposal Ineffective
The Transportation Departments recent proposal to use electronic onboard recorders to monitor driver hours is weak and ineffective, safety advocacy groups said last week, while some trucking industry organizations applauded the plan.
Letter to the Editor: HOS Problems (Continued)
to write a Letter to the Editor.
The problem is not with the black box, its with the 14-hour rule. We are not children, we are professionals. So why doesnt anyone understand the problem? We are always up against the wall when it comes to hours of service.
Security & Safety Briefs Jan. 18 - Jan. 24
Driver Gets Life in Smuggling Deaths New Passport Rule Takes Effect Okla. Study Cites Cellphone Accident Hazards N.D. Lawmaker Wants 40-Mph Minimum on Interstates
January 24, 2007Knight Reports Record Fourth-Quarter, 06 Income, Revenue
Truckload carrier Knight Transportation said late Wednesday that its revenue and income for the fourth quarter and full-year 2006 reached records.
January 24, 2007Swift Founder Jerry Moyes to Buy Company for $2.74 Billion
Swift Transportation Co. agreed late Friday to be acquired by company founder Jerry Moyes for $31.55 a share, or about $2.74 billion, the company said.
January 22, 2007ACE to Be Required at Entry Points in California, Texas, N. Mex.
The U.S. Customs and Border Protection agency said Friday that truck carriers entering the United States at all land border ports of entry in California, Texas and New Mexico will be required to present advance electronic cargo information through the Automated Commercial Environment truck manifest system.
January 19, 2007Virginia Transportation Plan Would Boost Costs to Truckers
A new transportation plan by Virginia state Republicans would raise fees on drivers and boost costs to truckers, the Washington Post reported Thursday.
January 19, 2007