Landstar System said it has purchased two Michigan-based supply chain transportation firms that focus on transportation technology systems.
July 2, 2009Search
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Oberstar’s Road Bill Faces Survival Test
With the White House standing in his path and a pair of well-placed senators lining up with the administration, the guessing game in Washington is how long House Transportation Committee Chairman James Oberstar can keep his six-year highway reauthorization bill alive in Congress.
July 6, 2009Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Heavy-Duty Truck Fleet Ages as Carriers Seek Cost Savings
The U.S. heavy-duty fleet truck fleet is aging as carrier executives scrimp to cut costs wherever they can amid the continuing national freight drought.
July 6, 2009Freight Drop Eases in May
A 3.2% rise in American Trucking Associations’ truck tonnage index during May from weak results in April may indicate that the worst of the recession could be over, even though the index was 11% below year-ago levels, industry experts said.
July 6, 2009Opinion: Consider GAAP Financial Statements
Finding quality financing for trucks and trailers recently has become more difficult for many trucking companies. The market has changed. Since last autumn, several transportation lenders have exited the business either permanently or temporarily, in large part because of losses and a lack
of liquidity.
July 2, 2009Diesel Dips 0.8¢ to $2.608
U.S. retail diesel prices slipped 0.8 cent last week, providing a breather for the trucking industry after seven consecutive weeks of increases that had pushed the average cost to a seven-month high.
July 6, 2009Amerijet Acquires Nations Express
Transportation and logistics firm Amerijet International said it will acquire a majority interest in Nations Express.
July 2, 2009Factory Orders Rise in May
U.S. factory orders rose in May for the third time in four months, the Commerce Department said Thursday.
July 2, 2009TTNews to Close Friday for July 4th Holiday
Transport Topics Online will be closed Friday for the Independence Day holiday. Please check back Monday, July 6, for the latest trucking and freight transportation news.
July 2, 2009Letter to the Editor: Reregulation, Please
Now that the federal government is taking over big businesses, it is time to reregulate trucking industry rating structures. We need price stabilization of rates so we can purchase equipment and train our personnel properly.
July 6, 2009