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, 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, 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, 2007BusinessGovernment
Consumer Confidence Index Slips
U.S. consumer confidence fell this month, according to the University of Michigan鈥檚 monthly consumer sentiment index released Friday.
June 15, 2007BusinessSafetyGovernment
Letters to the Editor: Calif. Ports, Seat Belts, Antitrust Immunity
The American Trucking Associations, California Trucking Association and Owner-Operator Independent Drivers Association need to get together and stop the restructuring of the California ports.
June 15, 2007BusinessGovernment
May CPI Rises 0.7%
The consumer price index rose 0.7% in May, the Labor Department said Friday.
June 15, 2007GovernmentBusinessSafety
Senate Panel Delays Border-Card Rule
The Senate Appropriations Committee approved an amendment to halt the launch of a plan for a new border-crossing card for at least 17 months, in order to give the Departments of State and 91视频land Security more time to fix its problems
June 15, 2007