TAT News Updates

Business, Logistics

Swift Files With SEC to Take Firm Public

Truckload carrier Swift Transportation could be returning to the ranks of the publicly traded trucking companies, according to a registration statement filed last week, a move that could allow the sale of as much as $700 million in stock.

July 26, 2010
Government, Business

Virginia Gov. Wants to Privatize Liquor Sales for Road Money

Virginia Gov. Bob McDonnell (R) wants to take the state out of the retail liquor business by privatizing its system of state-owned stores in order to generate much-needed cash for transportation projects.

July 20, 2010
Government, Business, Safety

NTSB Chairwoman Urges More Focus on Driver Fatigue, Safety Technology

WASHINGTON — The National Transportation Safety Board would like to see regulators and the trucking industry do more to address fatigue and adopt more safety technology to reduce highway crashes, Chairwoman Deborah A.P. Hersman told Transport Topics during a June 25 interview.

July 12, 2010
Business, Safety

ATRI Says Shipper Pressure Forces Truckers to Seek Complex Carbon Measurement Tools

Although trucking companies do not yet face a legal mandate to report their carbon emissions, some shippers continue to demand such disclosure, forcing truckers to choose between several complex reporting methods, the American Transportation Research Institute said.

June 29, 2010
Business, Logistics

Ruan CEO Named U.S. Chamber’s Vice Chairman

The U.S. Chamber of Commerce elected John Ruan III, chairman and chief executive officer of Ruan Transportation Management Systems, as vice chairman of its board of directors, the group announced June 9.

June 21, 2010
Business

DOT Freight Transport Index Improves

The Department of Transportation’s freight transportation services index rose 4.8% in April from a year ago, marking the second consecutive increase.

June 9, 2010
Government, Business

Study: States Lack Tools to Justify Transportation Spending

Only 13 states have performance goals and reviews in place to help taxpayers determine if transportation spending promotes such things as safety, mobility, and jobs and commerce, according to a new study being released Wednesday.

May 11, 2010
Government, Business

Reese Taylor Jr., Chairman of ICC in 1981 as Deregulation Began, Dies at Age 81

Reese Taylor Jr., who was chairman of the Interstate Commerce Commission when the Motor Carrier Act of 1980 was implemented, died April 16 in Las Vegas. He was 81.

May 3, 2010
Business

P.A.M. Lowers First-Quarter Loss

P.A.M. Transportation Services said it lost $315,000 in the first quarter, compared with a  $3.3 million loss a year ago.

April 28, 2010
Business

Knight Reports Higher 1Q Profit

Truckload carrier Knight Transportation said its first-quarter profit rose 5.1% to $12.3 million, or 15 cents a share, from $11.7 million, or 14 cents, a year ago.

April 21, 2010