A federal judge said she will block the concession plans at the ports of Los Angeles and Long Beach, including L.A.’s requirement that truck drivers be trucking company employees and not contractors, the Associated Press reported.
April 28, 2009Search
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ATA Offers Carriers Guidance on Potential Pandemic Preparations
American Trucking Associations has reminded motor carriers of the actions they should take to prepare for a possible influenza pandemic in light of the swine flu outbreak.
April 28, 2009Daimler Reports Loss for First Quarter
Daimler AG said Tuesday it lost $1.68 billion in the first quarter, compared with a profit of $1.73 billion a year ago, the Associated Press reported.
April 28, 2009Covenant Says It Lost $5.5 Million in First Quarter
Covenant Transportation Group said Tuesday it lost $5.5 million, or 39 cents per share, in the first quarter, compared with a loss of $7.8 million, or 56 cents, a year ago.
April 28, 2009Paccar’s First-Quarter Income Declines
Heavy-duty truck maker Paccar Inc. said Tuesday its first-quarter profit plunged to $26.3 million, or 7 cents a share, from $292.3 million, or 79 cents, a year ago.
April 28, 2009Recession Hurting Used-Truck Exports
OXON HILL, Md. — The sale of used North American trucks to overseas markets may once again become a useful technique for maximizing revenue for sellers, industry executives said, but for now the recession has caused even that market to decline.
April 28, 2009Cargo Theft Still ‘On the Rise’
Cargo theft continues to be a problem for the freight transportation industry and could cause insurance premiums to increase, two experts said.
April 27, 2009Horizon Lines Loses $10 Million in 1Q
Ocean shipper Horizon Lines lost $10 million, or 33 cents a share, in the first quarter, compared with a profit of $700,000, or 7 cents a share, a year earlier.
April 27, 2009Swine Flu Outbreak May Slow Cross-Border Resolution With Mexico
The international swine flu outbreak may complicate resolution of the cross-border trucking dispute with Mexico, Reuters reported Monday.
April 27, 2009Universal Truckload Services’ Income Drops
Universal Truckload Services said its net income plunged 95.8% to $100,000, or 1 cent per share, from $3.3 million, 21 cents, a year ago.
April 27, 2009