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Letters: Trucking’s Future, Broker Controversy
By now, everyone involved in trucking has experienced in some way a shortage of truck availability — and we’re only in the beginning of the second quarter. Transport Topics’ April 26 issue had a front-page story on fleet failures that quoted some interesting statistics: More than 7,100 carriers have been lost since the middle of 2008, with 730 failing during the first quarter of 2010.
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May 24, 2010Intermodal Volume Gains Accelerate in April after 8.4% Growth Over 2009 in 1st Quarter
Intermodal volume in the first four months of 2010 is surging ahead of 2009 levels, powered by a sharp rise in domestic container shipments and renewed growth in international freight, a trade group said.
May 24, 2010Used Truck Registrations Boom as New Class 8 Sales Increase
U.S. registrations of used Class 8 trucks jumped to 69,474 vehicles in the first quarter of the year, nearly 54% more than the same period in 2009, R.L. Polk & Co. said.
May 24, 2010Truckers Oppose Mandate for Biodiesel in Canada
Canadian truckers called on their federal government to junk its plan to implement a national 2% biodiesel mandate, saying that a government study found the cost of the mandate would be nearly five times greater than the benefit.
May 24, 2010Roadrunner Raises $148 Million to Repay Debt Through Trucking’s First IPO Since 2003
Roadrunner Transportation Systems Inc., Cudahy, Wis., has completed trucking’s first initial public stock offering since 2003, raising $148.4 million to repay debt as the company considers acquisition.
May 24, 2010Groups Urge Senators to Reconsider Plan to Use Fuel Fees for Nontransport Needs
More than two dozen transportation advocacy groups have asked the drafters of a Senate energy and climate bill to reconsider their legislation to allocate new revenue from transportation-based motor fuel fees to “activities entirely unrelated to improving the nation’s transportation infrastructure.â€
May 24, 2010Still No Border Solution
This Editorial appears in the May 24 print edition of Transport Topics. Click here to subscribe today.
May 24, 2010Federal Regulations Shape Technology Choices for Fleets and Design Decisions By Vendors
At a time when trucking has its pick of more communications options than ever, an increasing number of federal regulations has influenced not only when carriers adopt technology but also what technology they invest in.
May 24, 2010Diesel Dips 3.3¢ to $3.094 as Crude Oil Price Plunges
The average price of retail diesel dipped 3.3 cents to $3.094 a gallon last week, the largest decline since Feb. 1, according to the Department of Energy.
May 24, 2010Wal-Mart Seeks More Control of Its Transportation
Wal-Mart Stores is seeking to take over its U.S. transportation services from suppliers in an effort to reduce the cost of hauling goods, Bloomberg reported Friday.
May 21, 2010