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Kmart Files for Chapter 11 Protection
Discount retailer Kmart Corp. announced Tuesday that it has filed for Chapter 11 bankruptcy protection as food suppliers began to halt shipments over Kmart’s failure to pay for products and service.
January 22, 2002Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
News Briefs - Jan. 22
Virginia Considering Truck Toll Lanes on I-81 • Willamette Agrees to Buyout by Weyerhaeuser • Schilli Names New CFO • Arkansas Best Earns 38 Cents in 4Q • And more...
January 22, 2002Diesel Price Falls Again; Down to $1.14 a Gallon
The price of diesel fuel at the nation’s pumps dropped another 1.9 cents last week to stand at $1.14 per gallon on Monday, the Department of Energy reported.
January 22, 2002Technology Briefs - Jan. 17 - Jan. 23
Ceridian Posts Lower 4Q Earnings • Motorola Posts First 12-Month Loss in 71 Years • Sirius Ready to Compete With Radio Rival • UPS E-mailed Shipping Labels Used for Returns • And more ...
January 21, 2002Opinion: How to Survive in a Hard Insurance Market
After almost eleven years of sliding insurance prices, a market correction that began in late 1999 has continued and accelerated throughout the past year.
January 18, 2002Many Factors Figure In The Search For Insurance
With fewer insurers willing to write trucking policies today, it’s more important than ever for carriers to present their companies in the most favorable light possible to get the best rate quote.
January 18, 2002California Tops List of Worst Roads in United States
Bad roads are costing every trucker more than $1,200 a year in extra repairs and depreciation, according to estimates by The Road Information Program. The group found that 32% of the nation’s roads are in need of “significant improvement.â€
January 18, 2002News Briefs - Jan. 18
Rail Intermodal Loadings Up 0.4% • Visteon Posts 4Q Loss • U. of Michigan Consumer Sentiment Index Rises in January • P.A.M. to Acquire Some Assets of East Coast Transport • And more...
January 18, 2002DOT Sends White House Mexican Truck Rules
The U.S. Department of Transportation has sent the White House rules governing the entry of Mexican trucks to the U.S., Transport Topics learned Friday.
January 18, 2002Philly Fed Reports Growth for First Time in 14 Months
The Federal Reserve Bank of Philadelphia said Thursday that its factory index rose to 14.7 in January from –12.6 in December, the first time in 14 months it has been positive.
January 17, 2002