The U.S. unemployment rate rose to 9.9% in April from 9.7% a month earlier, even as payrolls increased by the most in four years, the Labor Department said Friday.
May 7, 2010Search
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Letters: Everyday Trucking, The Next Buggy Whip
This is not a question, just a comment: Transport Topics, I want to thank you for always keeping us in the trucking industry informed. However, I dont know if Im jealous or just sick of hearing just how good or bad one company or another is doing financially; if I want a financial report, Ill call my broker.
May 10, 2010Trucks Move America
As youve heard it said many times, Without Trucks, America Stops. And its still true. Unfortunately, the trucking industrys primary advocate has had to formally remind the Department of Transportation of this salient fact.
May 10, 2010Echos Profit Improves in 1Q
Echo Global Logistics said its first-quarter profit jumped to $1.2 million, or 6 cents per share, compared with a loss of $200,000, or 2 cents, a year ago.
May 7, 2010Oil Falls $2 to Finish Week Near $75 a Barrel
Oil prices declined $2 Friday, capping an $11week-long plunge to finish the week near $75 a barrel, Bloomberg reported.
May 7, 2010California Ports Truck Lease-to-Own Deals Merit Investigation, Lawmaker Says
The chairman of a House Transportation subcommittee has vowed to investigate truck lease-purchase agreements between owner-operators and motor carriers who hire the drayage drivers to move cargo at the ports of Los Angeles and Long Beach, Calif.
May 10, 2010YRC Reports 1Q Loss But Cites Improvement
YRC Worldwide Inc. reported a first-quarter loss of $274.1 million, nearly the same as a year earlier, but the less-than-truckload carrier cited steady progress in reducing operational losses in the most recent period.
May 10, 2010Groups Show Support for Governments Plan to Bar Truckers From Texting While Driving
The Federal Motor Carrier Safety Administration has broad support for its move to bar truck drivers from texting, according to public comments on the proposed rule filed with the agency.
May 10, 2010Most LTLs Gain Volume in 1Q, Stabilize Revenue, See Growth
Less-than-truckload carriers as a group posted solid volume gains and stabilized their shaky revenue environment in the first months of 2010, experts said.
May 10, 2010ATA, Los Angeles Port to File Final Briefs after Heated Clean Trucks Trial Concludes
After facing off in federal court in Los Angeles last month, attorneys for American Trucking Associations and the Port of Los Angeles are expected to file their final post-trial briefs this week in the contentious court dispute over parts of the ports clean trucks program.
May 10, 2010