FedEx Corp. said Friday it will raise its net average shipping rate for FedEx Express next year by 4.9%.
October 26, 2007Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Graves Urges Industry to Lead on Warming, Highway Issues
ORLANDO, Fla. ā ATA President Bill Graves challenged industry leaders to move aggressively to lead the national debate on climate change, linking truck emission reductions to higher fuel consumption and the need for greater trucking productivity to alleviate congestion.
October 29, 2007Kansas City Southernās 3Q Earnings Rise
Kansas City Southern railroad said its third-quarter earnings jumped 58%, as it handled more autos, coal and chemicals.
October 26, 2007FedEx to Boost Rates 4.9%
September Truck Tonnage Declines 2.3%, ATA Says
American Trucking Associationsā seasonally adjusted for-hire truck tonnage index for September declined 2.3% from a year ago, ATA said.
October 26, 2007Saiaās Third-Quarter Profit Falls
Saia Inc. said Friday its third-quarter net income fell 23% from a year ago, to $5.9 million or 43 cents a share, from $7.7 million or 52 cents a year ago.
October 26, 2007Arkansas Bestās 3Q Income Drops
Arkansas Best Corp. said Friday its third-quarter net income fell 40% due to lower freight levels and higher costs.
October 26, 2007YRCās Third-Quarter Income Declines
Less-than-truckload carrier YRC Worldwide said late Thursday its third-quarter net income declined to $40.7 million or 70 cents a share, from $95.8 million or $1.64 per share last year.
October 26, 2007Consumer Confidence Drops in October
U.S. consumer confidence fell in October to the lowest level in 17 months, according to the University of Michiganās latest consumer sentiment index, released Friday.
October 26, 2007Mack, Michelin Continue to Sponsor Share the Road Program in 2008
ORLANDO, Fla. ā Mack Trucks said it will once again be the primary sponsor for American Trucking Associationsā Share the Road program in 2008.
October 26, 2007Opinion: āLoad āem High and Tight...ā
My dad started Graves Truck Lines, with his dad, in 1935 at the height of the Great Depression. It was their response to the āWhat now?ā that followed the loss of the family farm.
October 26, 2007Follow Us
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