Rail and intermodal traffic improved last week compared with a year ago, the Association of American Railroads said Thursday.
July 10, 2008Search
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Insurance Premiums Fall 10% to 50% as New Firms Enter Market
A wave of new insurance companies vying for business from the trucking industry has created an unusual — and welcome — situation: Rates are dropping.
July 14, 2008Used Trailer Prices Plummet as Fleets Delay Replacements
Thousands of used trailers are sitting unsold and gathering dust, as freight demand remains tepid and carriers that would typically up-grade their fleets are postponing purchases, spending their money on fuel instead, according to industry experts.
July 14, 2008DOT Gives Wisconsin $1 Million to Repair Flood-Damaged Roads
The Department of Transportation said Friday it is making $1 million available immediately to Wisconsin to help pay for urgent repairs to roads and bridges damaged by recent floods.
July 11, 2008Jobless Claims Fall 58,000 for Week
Initial jobless claims fell by 58,000 last week, the Labor Department said Thursday.
July 10, 2008Freight Transportation Index Rises in May
The Department of Transportation’s freight transportation services index for May rose 2.1% from a year ago, and showed a month-to-month gain, DOT said Wednesday.
July 9, 2008Democrats May Be Open to Allowing More Oil Exploration, Journal Says
A key Senate Democrat said he would be open to a compromise with Republicans to allow oil exploration in protected lands and in offshore areas where it is now prohibited, the Wall Street Journal reported Wednesday.
July 9, 2008OOIDA Plans Challenge to Ontario Speed Limiters
A group representing owner-operators said it will challenge the legality of recently passed legislation in Ontario mandating speed limiters on trucks to cap speeds at 65 miles per hour in the Canadian province.
July 9, 2008Paccar Plans Stock Buyback, Will Boost DAF Production 5%
Truck maker Paccar Inc. said it will buy back an additional $300 million in stock and begin a 5% production increase at its Dutch unit in September, Bloomberg reported.
July 9, 2008Bush Expected to Sign Bill Aimed at Reducing Ships’ Emissions
Cargo ships would have to reduce their emissions under federal legislation approved by Congress, which President Bush is expected to sign into law, the Ventura County (Calif.) Star newspaper reported Wednesday.
July 9, 2008