Truck stop chain TravelCenters of America said Monday it lost $41.2 million, or $2.39 per share, in the first quarter, up from a loss of $18 million, or $1.08, a year ago.
May 10, 2010Business
TransCore Launches Truckload Rate Exchange Program
TransCore has launched a rate exchange program that provides spot market rates from truckload intermediaries.
May 10, 2010BusinessLogistics
US 1 Turns First-Quarter Profit
Logistics firm US 1 Industries Monday reported a first-quarter profit of $100,000, compared with a $1 million loss a year ago.
May 10, 2010EditorialBusinessSafetyGovernmentAutonomous
Trucks Move America
As you’ve heard it said many times, “Without Trucks, America Stops.” And it’s still true. Unfortunately, the trucking industry’s primary advocate has had to formally remind the Department of Transportation of this salient fact.
May 10, 2010Business
ATA Image Trailer Visits Association’s Headquarters
ARLINGTON, Va. — American Trucking Associations’ image trailer visited ATA headquarters in late April before rolling to the U.S. Capitol for the Motor & Equipment Manufacturers Association’s Ride ’n’ Drive event for federal officials, staff and the public.
May 10, 2010Business
Tank Truck Industry Faces Unique Challenges with More Regulations, Expenses, Officials Say
The tank truck industry faces a unique set of challenges that have led to increased regulations, self-imposed safety precautions and higher costs. Industry executives said they are adjusting by embracing new technology, providing additional driver training and re-examining their operations.Â
May 10, 2010Business
California Ports’ Truck Lease-to-Own Deals Merit Investigation, Lawmaker Says
The chairman of a House Transportation subcommittee has vowed to investigate truck lease-purchase agreements between owner-operators and motor carriers who hire the drayage drivers to move cargo at the ports of Los Angeles and Long Beach, Calif.
May 10, 2010Business
YRC Reports 1Q Loss But Cites Improvement
YRC Worldwide Inc. reported a first-quarter loss of $274.1 million, nearly the same as a year earlier, but the less-than-truckload carrier cited steady progress in reducing operational losses in the most recent period.
May 10, 2010Business
Graves Lashes Out at DOT
Frustrated with recent public comments by Transportation Secretary Ray LaHood and other Department of Transportation officials, American Trucking Associations President Bill Graves lashed out at policies and statements that he said tilt the playing field away from trucks and toward rail transport.
May 10, 2010Business
Navistar, EPA Settle Lawsuit Over 2010 Engine Guidance
Navistar International Corp. announced that it has resolved its lawsuit against the U.S. Environmental Protection Agency, which had challenged EPA’s guidance to engine makers for certification of 2010 engines using selective catalytic reduction to cut emissions.
May 10, 2010