Driver turnover rates rose in the first quarter at both large truckload and less-than-truckload carriers, while the rate fell modestly for smaller truckload carriers, according to new American Trucking Associations data.
June 18, 2007Business
Marten Orders 2,000 APUs from Thermo King
Refrigerated truckload carrier Marten Transport has ordered more than 2,000 auxiliary power units from Thermo King.
June 18, 2007BusinessSafetyGovernment
Analyst Lowers 2Q Outlook
An analyst with Stifel, Nicolaus & Co. lowered the second-quarter and full-year earnings estimates on 13 freight companies 鈥 including 12 trucking companies 鈥 citing continued softness in the transportation market, the Associated Press reported.
June 18, 2007BusinessSafety
ATA Reorganizes Highway Watch Program
American Truck Associations has announced a reorganization of the management of the Highway Watch program.
June 18, 2007GovernmentBusinessSafetyFuel
Democrats Demand Action on 鈥楬ot鈥 Fuel
WASHINGTON 鈥 Congressional Democrats said steps need to be taken to ensure that U.S. consumers are not getting shortchanged by 鈥渉ot鈥 fuel, but representatives of the fuel retailing industry said adjusting sales by temperature was unnecessary and would hurt small businesses.
June 18, 2007GovernmentBusinessSafety
May Truck Sales Fall 51%
Heavy-duty retail truck sales in the United States fell 51.7% in May from year-ago levels, the result of slowing freight demand and the impact of last year鈥檚 big pre-buy.
June 18, 2007BusinessEquipment
Class 8 Fleet Grows 4.8% as Freight Levels Drop
The U.S. heavy-duty truck fleet was about 4.8% larger at the end of the first quarter than it was in the comparable period last year, according to new data from R.K. Polk & Co.
June 18, 2007GovernmentBusinessSafetyFuel
NYC Cuts Traffic-Plan Fee for Trucks Meeting EPA Rule
New York City Mayor Michael Bloomberg announced a change in his congestion pricing proposal, saying trucks meeting federal engine emission standards would be charged $7 to enter Manhattan at peak times, rather than $21.
June 18, 2007GovernmentBusinessSafety
Quality Names New CEO
Tank truck carrier Quality Distribution named Gary Enzor to be the company鈥檚 chief executive officer effective immediately, replacing Gerry Detter.
June 15, 2007