Surface transportation trade among the United States, Canada and Mexico jumped 24.1% in February from a year ago, the highest gain on record, the Department of Transportation said Thursday.
April 29, 2010Search
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Big Three Continue to Dominate U.S. Tire Market
There was a time when foreign-based tire manufacturers had to overcome major hurdles to enter the North American market.
May 3, 2010Trailer Orders Jump 165% as Fleets See Freight Growth
Trailer orders in March soared 165% over the comparable month of 2009, ACT Research Co. reported last week, as the strengthening economy and the brighter picture for the freight industry drove fleets to boost orders over dismal year-ago levels for the sixth month in a row.
May 3, 2010FMCSA Sets 2010 UCR Fees at Nearly Twice 2009 Levels
The Federal Motor Carrier Safety Administration last week announced that fees for the Unified Carrier Registration program would nearly double, and officials familiar with the program said the fees soon may need to rise even higher to satisfy states’ need for revenue.
May 3, 2010March Truck Tonnage Rises 7.5%
U.S. truck tonnage jumped 7.5% in March from year-ago levels, the fastest monthly increase in more than five years, according to American Trucking Associations.
May 3, 2010Jobless Claims Drop for Week
Initial jobless claims decreased by 11,000 last week, the Labor Department said Thursday.
April 29, 2010Oshkosh Posts Second-Quarter Profit
Oshkosh Corp. said Thursday it turned a profit in its fiscal second quarter on higher military orders, compared with a big loss a year ago.
April 29, 2010Covenant’s First-Quarter Loss Narrows
Covenant Transportation Group’s first-quarter loss narrowed from a year ago to $2.2 million, or 15 cents a share, from a loss of $5.5 million, or 39 cents, a year ago.
April 29, 2010Saia’s 1Q Loss Narrows
Saia Inc. said Thursday its first-quarter loss narrowed to $3.2 million, or 21 cents a share, from a loss of $6.3 million, or 47 cents a year ago.
April 29, 2010Canadian Pacific’s 1Q Profit Improves
Canadian freight railroad Canadian Pacific’s first-quarter net income jumped 74% to C$99.8 million, or 59 cents per share, from C$57.3 million, or 36 cents, a year earlier.
April 28, 2010