A fiery explosion from a gasoline tanker crash in Oakland, Calif., over the weekend shut down parts of a major freeway and will pose transport problems for freight coming out of the busy Port of Oakland, news reports said.
April 30, 2007GovernmentBusinessSafety
Control, Capacity Needs Boosts In-House Trucking
Shipper-owned fleets are growing in size and importance where companies see value in controlling transportation capacity and service levels.
April 30, 2007GovernmentBusinessSafety
Mexican Trucks Suit Filed
A coalition of groups filed a federal lawsuit last week aimed at stopping the Bush administration’s plan to open the U.S. border to Mexican trucks.
April 30, 2007BusinessSafetyGovernment
Swift OKs Moyes’ Takeover
Swift Transportation’s shareholders Friday approved a $2.5 billion bid by company founder Jerry Moyes to take the truckload carrier private, Bloomberg reported.
April 27, 2007BusinessSafetyGovernmentAutonomous
March Trucking Index Gains
American Trucking Associations’ truck tonnage index rose 1.6% in March from a year ago, marking the first year-over-year increase since June, ATA said Thursday.
April 27, 2007BusinessSafety
Rail, Intermodal Fall Again
Rail carload and intermodal freight both fell last week compared with a year ago, continuing a trend this year, the Association of American Railroads said.
April 27, 2007BusinessSafetyGovernment
Vitran’s 1Q Earnings Dip
Toronto-based transportation firm Vitran Corp. said its first-quarter profit was $3.4 million or 25 cents a share, down from $3.8 million or 28 cents a year ago.
April 26, 2007GovernmentBusinessSafety
Qualcomm’s Earnings Jump
Wireless-services provider Qualcomm Inc. reported its fiscal second-quarter profit jumped 22% to $726 million or 43 cents a share, from $593 million or 34 cents a year ago.
April 26, 2007