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CTA Asks for Standard Anti-Rollover Technology
The Canadian Trucking Alliance said it is asking all the major North American heavy truck manufacturers to make anti-rollover technology standard equipment in their new vehicle packages.
November 26, 2007Xata’s Losses Widen in 4Q
Transportation software firm Xata Corp. said Thursday it lost $4.5 million, or 57 cents a share, in its fiscal fourth quarter, compared with a loss of $498,000, or 7 cents, a year ago.
November 26, 2007Swift CFO Resigns
Ramey Peru, chief financial officer of truckload carrier Swift Transportation, will resign from his position effective Dec. 31, the carrier said.
November 26, 2007Allied Systems to Buy PTS
Performance Transportation Services, a Wayne, Mich., auto transporter, said it, along with certain subsidiaries, will file for chapter 11 bankruptcy as part of a $67 million deal to sell nearly all of its assets to Allied Systems Holdings.
November 21, 2007Neighbors Oppose Truck Parking Expansions
Mark Zaluski was one of the lucky ones. At 3:10 p.m. on Oct. 25, his rig occupied one of only 16 truck parking spaces on the north side of a travel plaza off Interstate 94 about 40 miles north of Chicago.
November 26, 2007NITL President Ficker Resigns
John Ficker, president of the National Industrial Transportation League, will step down at the end of November, NITL said Monday.
November 19, 2007Fenway Partners Acquires Consolidated Fastfrate
Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.
November 19, 2007U.S. Shipments to Mexico, Canada Hit Record in 2006
The value of U.S. Freight Shipments to Canada and Mexico in 2006 rose to a record $866 billion from $790 billion in 2005, the Department of Transportation’s Bureau of Transportation Statistics said Monday.
November 19, 2007UPS Executive Urges Shippers To Back Taxes for Infrastructure
ATLANTA — UPS Inc.’s incoming chief financial officer told shippers here what freight carriers have long heard: The U.S. transportation network is so clogged — and getting worse — that Congress must create an infrastructure improvement plan and pay for it with dedicated taxes on the system’s users.
November 19, 2007Class 8 Truck Sales Drop 53.1% In Oct. on Weak Freight Market
Heavy-duty retail truck sales in the United States fell 53.1% in October, the sixth straight month in which sales fell 50% or more below 2006 levels, according to WardsAuto.com.
November 19, 2007