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Editorial: Mergers, Acquisitions Reshape TT 100 Rankings

Click here to write a Letter to the Editor. Mergers and acquisitions were the primary moving force behind the changes in the trucking industry last year, as reflected in our 2004 TT 100 ranking of for-hire carriers that is included in this issue of Transport Topics.

July 21, 2004

Trucking Group Cites 'Unreliability' of SafeStat's Carrier Information

American Trucking Associations urged businesses not to use data from SafeStat, the government’s system for tracking motor-carrier safety records, to make decisions or company comparisons because the data may be inaccurate.

July 21, 2004

Railroads Failed to Report Crossing Accidents, N.Y. Times Says

Railroads have failed to promptly and accurately report hundreds of accidents at grade crossings over the past eight years, the New York Times reported in a two-part series published July 11 and July 12.

July 21, 2004

Security & Safety Briefs - July 15 - July 21

Overnite Suspends Guarantees Due to Boston Convention Delays • Safety Council Says Laws Saved 190,000 Lives • CIA Sending Terror Experts to Small Towns • Terror Messages Posted on Arkansas DOT Server

July 21, 2004

Con-Way to Invest $181 Million in New Equipment

Con-Way Transportation Services Inc. said Wednesday it would allocate $181 million this year to purchase additional tractors, trailers and forklifts to accommodate growth at its four regional less-than-truckload companies.

July 21, 2004

News Briefs - July 21

CNF's Net Income More Than Doubles • Covenant Earns 30 Cents a Share in 2Q • Volvo's 2Q Profit Rises 52% on Higher Sales • C.H. Robinson Reports Higher 2Q Profits • Wabash Posts Profit; Says Demand Will Continue to Rise • And more...

July 21, 2004

Housing Starts Drop 8.5% in June

Housing starts in the United States fell 8.5% in June to the lowest level in a year, and a sign of future construction also fell significantly, the Commerce Department said Tuesday.

July 20, 2004

DOT Still Sees Obstacles to Opening Mexico Border

A little more than five weeks after the Supreme Court cleared the way for the government to allow Mexican trucks to deliver in the United States, industry and government officials told Transport Topics some significant barriers remained to opening the border anytime soon.

July 20, 2004

National Average Diesel Price Rises 0.4 Cent to $1.744

The U.S. Department of Energy said Monday the national average retail price for diesel fuel rose 0.4 cent to $1.744 per gallon.

July 20, 2004

News Briefs - July 20

Greenspan Says Economic Slump Will Be 'Short-Lived' • Price of Oil Tops $42 Before Falling Back • NHTSA Says Freightliner Recalls Some Trucks • Net Income Increases at Arkansas Best • And more...

July 20, 2004