Truck stop chain TravelCenters of America said Monday it lost $41.2 million, or $2.39 per share, in the first quarter, up from a loss of $18 million, or $1.08, a year ago.
May 10, 2010Search
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TransCore Launches Truckload Rate Exchange Program
TransCore has launched a rate exchange program that provides spot market rates from truckload intermediaries.
May 10, 2010Diesel Rises 0.5瞽 to $3.127
Diesels increase slowed Monday as it gained a half-cent to $3.127 a gallon, the highest price in more than 18 months, the Department of Energy reported.
May 10, 2010Graves Lashes Out at DOT
Frustrated with recent public comments by Transportation Secretary Ray LaHood and other Department of Transportation officials, American Trucking Associations President Bill Graves lashed out at policies and statements that he said tilt the playing field away from trucks and toward rail transport.
May 10, 2010Payrolls, Unemployment Rate Increase in April
The U.S. unemployment rate rose to 9.9% in April from 9.7% a month earlier, even as payrolls increased by the most in four years, the Labor Department said Friday.
May 7, 2010Letters: Everyday Trucking, The Next Buggy Whip
This is not a question, just a comment: Transport Topics, I want to thank you for always keeping us in the trucking industry informed. However, I dont know if Im jealous or just sick of hearing just how good or bad one company or another is doing financially; if I want a financial report, Ill call my broker.
May 10, 2010Trucks Move America
As youve heard it said many times, Without Trucks, America Stops. And its still true. Unfortunately, the trucking industrys primary advocate has had to formally remind the Department of Transportation of this salient fact.
May 10, 2010Echos Profit Improves in 1Q
Echo Global Logistics said its first-quarter profit jumped to $1.2 million, or 6 cents per share, compared with a loss of $200,000, or 2 cents, a year ago.
May 7, 2010Oil Falls $2 to Finish Week Near $75 a Barrel
Oil prices declined $2 Friday, capping an $11week-long plunge to finish the week near $75 a barrel, Bloomberg reported.
May 7, 2010California Ports Truck Lease-to-Own Deals Merit Investigation, Lawmaker Says
The chairman of a House Transportation subcommittee has vowed to investigate truck lease-purchase agreements between owner-operators and motor carriers who hire the drayage drivers to move cargo at the ports of Los Angeles and Long Beach, Calif.
May 10, 2010