Canadian trucking companies鈥 operating profits fell 4.7% to C$936 million in the first quarter from a year earlier, as a 6.3% increase in operating expenses outpaced operating revenue, Statistics Canada reported.
October 4, 2011Search
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Delays Undercutting CSA, Report Says
Rulemaking delays in the Federal Motor Carrier Safety Administration鈥檚 Compliance, Safety, Accountability program could undercut the program鈥檚 effectiveness significantly, according to a new report by congressional investigators.
October 10, 2011ISM Services Index Slips But Shows Continued Expansion
An index of the U.S. economy鈥檚 service sector declined in September but still showed expansion, the Institute for Supply Management said Wednesday.
October 5, 2011Consumer Confidence Improves
Consumer confidence rose this month from its lowest level in almost three years, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
September 30, 2011Second-Quarter GDP Revised Up to 1.3%
The U.S. economy rose at a 1.3% annual rate in the second quarter, the Commerce Department said Thursday, boosting an earlier estimate.
September 29, 2011NAFTA Surface Trade Jumps 18.1% in July
Surface trade among the United States, Canada and Mexico rose 18.1% in July from a year ago, the Department of Transportation reported.
September 27, 2011Obama Touts Infrastructure Spending in Speech at Ohio-Kentucky Bridge
President Obama, speaking before a bridge on the Ohio-Kentucky border that carries heavy truck traffic, made a pitch for infrastructure spending and his jobs plan.
September 23, 2011Lawsuit Over Trucker Pay Has Other Fleets Concerned
Some truckload carriers say they are concerned about potential industrywide implications of a class-action lawsuit challenging the way Swift Transportation, one of the nation鈥檚 largest truckload carriers, calculates the mileage basis for paying truck drivers.
September 26, 2011Fed Holds Key Interest Rate at Record Low
The Federal Reserve Wednesday maintained a pledge it made last month to hold the benchmark interest rate near zero through the middle of 2013 as long as unemployment stays high and the inflation outlook is 鈥渟ubdued,鈥 Bloomberg reported.
September 21, 2011Georgia Ending Truck Inspections by Local Police
Georgia is ending its program of having some local police departments conduct truck inspections, a move the state trucking industry applauds.
September 20, 2011