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Descartes Systems’ Profit Jumps in Fiscal 1Q

Descartes Systems Group’s fiscal first-quarter net income rose to $2.2 million from $200,000.

June 3, 2011

Global Shipper Group to Incorporate

The first formal association of international shippers, including the National Industrial Transportation League, has formed under the banner of the Global Shippers Forum to raise the profile of freight groups in an increasingly global marketplace.

June 3, 2011

Exports Boosting Truck Sales for North American Makers

Fed by the international economic recovery and a weak U.S. dollar, North American truck makers are enjoying a sharp upturn in sales of heavy-duty trucks to the rest of the world, particularly Central and South America, Africa, the Middle East and Australia.

June 6, 2011

Senators’ Highway Bill Plan Said to Include Freight Funds

A portion of the Highway Trust Fund would be dedicated exclusively to a national freight highway network under a bipartisan transportation reauthorization plan being drafted by four U.S. senators.

June 6, 2011

Technology, Business Changes Altering System for Buying and Selling Transportation Services

New technology and a changing business environment are having a profound effect on the way transportation services are bought and sold.

June 6, 2011

Insurers Applaud EOBRs, Demur on Premium Cuts

Insurance executives said they strongly support electronic logging but that use of the devices by truckers will not automatically lower fleets’ coverage expenses because carriers’ overall safety records dictate rates.

June 6, 2011

New Trailer Orders Surge 71% in April

Commercial trailer producers received 19,579 new orders in April, a 71% jump from the same month last year, and the manufacturers’ backlog rose above 100,000 for the first time in the current recovery, ACT Research Co. said.

June 6, 2011

East Coast Ports Set Grants to Purchase Newer Trucks

The clean-truck programs that began at West Coast ports are moving to the East Coast, as evidenced by grant awards this month to drayage truckers in the mid-Atlantic region who want to buy newer models.

June 6, 2011

Union, Vehicle Haulers Reach Tentative Deal on New Contract Covering 8,100 Truckers

The Teamsters union on June 1 announced a tentative contract agreement with vehicle hauling companies that employ an estimated 8,100 drivers, just hours after the previous contract expired.

June 6, 2011

Roadrunner Buys Bruenger Trucking as Pace of Acquisitions Accelerates

Less-than-truckload carrier Roadrunner Transportation Systems said May 31 it had bought refrigerated carrier Bruenger Trucking Co. in a deal that could be worth up to $13.6 million.

June 6, 2011