Two key Senators introduced legislation Thursday that would increase the proportion of national freight transportation provided by modes other than trucks by 10% by 2020.
May 14, 2009BusinessLogistics
Wabash National’s First-Quarter Loss Widens
Trailer manufacturer Wabash National Corp. lost $28.3 million, or 94 cents per share, for the first quarter, compared with a loss of $6.4 million, or 21 cents, a year ago.
May 14, 2009BusinessLogisticsGovernment
Livingston Reports 1Q Loss
Canadian customs broker and logistics firm Livingston International Income Fund posted a loss of C$17.3 million in the first quarter of 2009, or 64 cents per unit, compared with a profit of C$8.2 million, or 30 cents, the year before.
May 13, 2009BusinessSafetyGovernmentLogistics
ATA Recognizes National Transportation Week
American Trucking Associations said Wednesday it celebrating National Transportation Week by bringing trucking industry outreach programs to public events around the country.
May 13, 2009FuelBusinessLogisticsGovernment
Diesel Rises 3.2¢ to $2.216; Gas Leaps 16.2¢ to $2.24
The national average price of diesel fuel rose for the first time in a month, climbing 3.1 cents to $2.216 a gallon, while gasoline pushed past diesel for the first time in almost two years, the Energy Department said.
May 12, 2009BusinessLogistics
Obama’s NHTSA Pick Withdraws
Chuck Hurley, who President Obama had intended to nominate to head the National Highway Traffic Safety Administration, has withdrawn from the nomination process, the Associated Press reported.
May 12, 2009BusinessGovernmentSafetyLogistics
Menlo Expands Relationship With Dana, Adds Curves
Dana Holding Corp. and Menlo Worldwide Logistics said they have expanded their relationship, with the parts manufacturer asking the third-party logistics provider to handle transportation management for its Mexican operations.
May 11, 2009Letters to the EditorBusinessSafetyGovernmentLogistics
Letters: Safe Driving, Mileage Tax, Sleep Apnea
I agree wholeheartedly with op-ed writer Ryan McDonald’s opinion on the value of tail-ride checks, when they are performed by safety professionals. These on-the-road driver observations are an integral part of my company’s services to the Canadian transportation industry.
May 11, 2009BusinessLogistics
Opinion: To Survive a Tough Economy — Focus
A shroud of insecurity continues to linger on the U.S. economy, with many trucking and logistics providers tending to the wounds of 2008 and preparing for the uncertainty still looming over the rest of 2009.
May 8, 2009GovernmentBusinessSafetyLogistics
Pacer Takes $177 Million First-Quarter Loss
Transportation and third-party logistics firm Pacer International reported a first-quarter loss of $177.4 million, or $5.11 per share, compared with a profit of $13.4 million, or 38 cents, a year earlier.
May 7, 2009