Intermodal traffic rose 1% last week from a year ago, the Association of American Railroads said.
March 11, 2011Business
U.S. Trade Deficit Jumps 15%
The U.S. trade deficit widened 15% in January, the biggest jump in seven months, the Commerce Department said Thursday.
March 10, 2011Business
FMCSA to Pay for EOBRs on Mexican Trucks
The Federal Motor Carrier Safety Administration will require all Mexican trucks entering the United States to be equipped with electronic onboard recorders — and will pay for them, a Department of Transportation official said Wednesday.
March 10, 2011Business
Quality Reports Fourth-Quarter Loss
Tank truck carrier Quality Distribution reported a loss for its fourth-quarter and full year but said it had operating profits for both periods.
March 10, 2011BusinessEquipment
Steven Sill Named President of National Truck Equipment Assn.
The National Truck Equipment Association installed Steven Sill, president of the Aspen Equipment Co., as its new president, replacing Allen Birmingham.
March 10, 2011Business
Jobless Claims Rise from Three-Year Low
Initial jobless claims rose by 26,000 last week from a three-year low, the Labor Department reported Thursday.
March 10, 2011Business
DOT Freight Transport Index Jumps 6.9%
The Department of Transportation said its freight transportation services index jumped 6.9% in January from a year earlier, and sharply revised upward the reading for 2010.
March 9, 2011Business
Navistar Reports Fiscal 1Q Profit Excluding Integration Costs
Navistar International Corp. Wednesday reported a loss for its fiscal first quarter but said the period was profitable excluding integration costs.
March 9, 2011Business
Celadon Sees Benefits in U.S.-Mexico Cross-Border Trucking Pact
Celadon Group has prepared for the U.S.-Mexican border to open to commercial truck traffic for years and is well positioned for an expanded agreement between the two countries, Bloomberg reported Wednesday.
March 9, 2011PerspectiveBusiness
Opinion: S Corporations and Trucking
What was the most important event that occurred in 1958? The creation of NASA? Perhaps the birth of the King of Pop? For privately owned trucking and logistics companies, there is only one answer: tax legislation permitting S corporations.
March 9, 2011