The Federal Motor Carrier Safety Administration has extended its public commenting period for its interim hours-of-service rule for 30 days.
February 15, 2008Search
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Daimler Posts Profit; N. American Truck Sales Drop
Daimler AG said Thursday it posted a fourth-quarter profit of $2.5 billion compared with a loss of about $17.5 million a year ago.
February 14, 2008NATSO Launches New Program Focusing on Truck Stop Safety
LAKE BUENA VISTA, Fla. — NATSO, the national trade group representing truck stops and travel plazas, unveiled a new public education program here Jan. 24 as a way to help truck stops address drivers’ concerns, such as safety.
February 13, 2008N.J. Tolls Plan Could Cut Trucking, Warehouse Business
Trucking companies and warehouses in New Jersey that are bracing for higher tolls may exit the state altogether to avoid what could be 800% increases in toll costs by 2020, the New York Times reported Thursday.
February 14, 2008Rail Traffic Gains, Intermodal Declines for Week
Rail carload traffic edged up but intermodal fell for week ended Saturday compared with a year ago, the Association of American Railroads said.
February 14, 2008DOT Freight Index Drops
The Department of Transportation’s freight transportation services index for December fell 0.1% from a year earlier, DOT said Wednesday.
February 13, 2008DHL to Cut 600 U.S. Jobs
DHL Express USA will cut 600 jobs to reduce costs, as a slowing U.S. economy dampens package shipment demand, Bloomberg reported.
February 13, 2008Railroads Investing in More Upgrades, Journal Reports
U.S. railroads are making big investments in their networks, having spending $10 billion to expand tracks, build freight yards and buy locomotives since 2000, and are planning an additional $12 billion in upgrades, the Wall Street Journal reported Wednesday.
February 13, 2008Rush Reports Lower 4Q Earnings
Truck dealership Rush Enterprises said its fourth-quarter earnings dipped to $12.3 million, or 32 cents a share, from $15.9 million, or 42 cents, for the previous fourth quarter.
February 13, 2008Velocity Express’ Fiscal 2Q Loss Narrows
Velocity Express said Wednesday it lost $10.7 million, or $3.82 a share, in its fiscal second quarter ended Dec. 29, compared with a loss of $15.2 million, or $9.16, a year earlier.
February 13, 2008