Intermodal traffic fell 14.7% for the week of April compared with the same week a year ago, the Association of American Railroads said.
April 10, 2009GovernmentBusinessSafety
Opinion: Improving Carrier Profits
Increasing operating costs, declining revenues and tighter budgets have forced less-than-truckload carriers, private fleets and small-parcel carriers to eliminate unnecessary expenses — once they figure out which expenses those are.
April 10, 2009BusinessSafetyGovernment
DOT Freight Index Falls 6% in February
The Department of Transportation’s freight transportation services index fell 6% in February from a year earlier, its lowest level for the month of February in six years, DOT said Wednesday.
April 8, 2009BusinessSafetyGovernment
UPS Freight Expands North American Service
UPS Freight, the less-than-truckload unit of UPS Inc., said it will expand service to Mexico and include customs brokerage capabilities and a single invoicing for all services between the U.S., Canada and Mexico.
April 8, 2009BusinessTechnologyEquipmentSafety
Ryder Lowers 1Q Outlook
Ryder System Wednesday cut its first-quarter forecast, saying the ongoing recession has hurt its freight volumes and reduced demand.
April 8, 2009BusinessTechnologyEquipmentSafety
Iteris Buys Hamilton Signal Assets
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Tuesday it acquired assets from Hamilton Signal including its Abacus system. Terms were not disclosed.
April 7, 2009BusinessSafetyGovernmentLogistics
Brokers Saw Decreased Profits in 2008, Survey Shows
Freight brokers and logistics providers saw profit margins decrease 5% in 2008 compared to the previous year due to volatile market conditions, a survey by transportation technology company TransCore shows.
April 6, 2009BusinessTechnologyEquipmentSafety
Navman Wireless Tracking Software Adds Reporting
Navman Wireless has added a reporting system to its Internet-based tracking software, Online-AVL, the company said.
April 6, 2009BusinessTechnologyEquipmentSafety
Old Dominion to Install PeopleNet’s Onboard Systems
Less-than-truckload carrier Old Dominion Freight Line said it will install PeopleNet’s onboard communications systems across its entire fleet of 5,100 trucks.
April 6, 2009Letters to the EditorGovernmentBusinessSafety
Letters: Closed Rest Areas, Those Railroad Ads (Cont.), Diesel Prices, Road Tax, Honoring Covenants
Someone needs to read the article that was published about the truck driver shot and killed in Knoxville, Tenn.
April 6, 2009