Surface transportation trade among the United States, Canada and Mexico plunged 30.9% in February from a year earlier, the biggest year-to-year decline on record, the Department of Transportation said Thursday.
April 30, 2009GovernmentBusinessSafetyFuel
Oil Rises to $51 a Barrel
Oil closed the trading day Wednesday near $51 a barrel on the New York Mercantile Exchange following an Energy Department report that showed gasoline inventories declined last week, Bloomberg reported.
April 29, 2009BusinessSafetyGovernmentLogistics
Mullen鈥檚 First-Quarter Income Drops
Canadian transportation firm Mullen Group Income Fund said its first-quarter profit dropped 37.8% to C$31 million or 38 cents per unit, from C$49.8 million, or 62 cents per unit, a year ago.
April 29, 2009BusinessTechnologyEquipmentSafetyLogistics
McLeod Acquires Logistics Software Firm
McLeod Software said Wednesday that it had purchased Intergrated Logistics Execution Network Systems, or iLENS, a logistics software company.
April 29, 2009BusinessSafety
Opinion: Sometimes 鈥楤ig Brother鈥 Is the Good Guy
For years, carriers have sought ways to improve their drivers鈥 behavior when on the road and out of corporate sight, relying mainly on word of mouth and variations on those ubiquitous 鈥淎m I Driving Safely?鈥 signs.
April 29, 2009BusinessSafety
Truck Tonnage Drops 12.2% in March
Truck tonnage decreased 12.2% in March compared with a year ago, falling to the lowest level since March 2002, American Trucking Associations said.
April 28, 2009GovernmentBusinessSafety
Judge to Block SoCal Ports鈥 Concession Plans
A federal judge said she will block the concession plans at the ports of Los Angeles and Long Beach, including L.A.鈥檚 requirement that truck drivers be trucking company employees and not contractors, the Associated Press reported.
April 28, 2009GovernmentBusinessSafety
Daimler Reports Loss for First Quarter
Daimler AG said Tuesday it lost $1.68 billion in the first quarter, compared with a profit of $1.73 billion a year ago, the Associated Press reported.
April 28, 2009BusinessSafetyGovernment
Covenant Says It Lost $5.5 Million in First Quarter
Covenant Transportation Group said Tuesday it lost $5.5 million, or 39 cents per share, in the first quarter, compared with a loss of $7.8 million, or 56 cents, a year ago.
April 28, 2009BusinessSafety
ATA Offers Carriers Guidance on Potential Pandemic Preparations
American Trucking Associations has reminded motor carriers of the actions they should take to prepare for a possible influenza pandemic in light of the swine flu outbreak.
April 28, 2009