An analyst with Stifel, Nicolaus & Co. lowered the second-quarter and full-year earnings estimates on 13 freight companies — including 12 trucking companies — citing continued softness in the transportation market, the Associated Press reported.
June 18, 2007Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
iTECH: Capturing Data for Electronic Driver Logs
By Stephen Bennett, Contributing Writer
June 18, 2007Quality Names New CEO
Tank truck carrier Quality Distribution named Gary Enzor to be the company’s chief executive officer effective immediately, replacing Gerry Detter.
June 15, 2007Letters to the Editor: Calif. Ports, Seat Belts, Antitrust Immunity
The American Trucking Associations, California Trucking Association and Owner-Operator Independent Drivers Association need to get together and stop the restructuring of the California ports.
June 15, 2007NYC Cuts Traffic-Plan Fee for Trucks Meeting EPA Rule
New York City Mayor Michael Bloomberg announced a change in his congestion pricing proposal, saying trucks meeting federal engine emission standards would be charged $7 to enter Manhattan at peak times, rather than $21.
June 18, 2007May Truck Sales Fall 51%
Heavy-duty retail truck sales in the United States fell 51.7% in May from year-ago levels, the result of slowing freight demand and the impact of last year’s big pre-buy.
June 18, 2007NYC Teamsters Back Congestion-Pricing Plan
Teamsters union leaders representing thousands of New York City truck drivers said they support the city’s plan to charge new tolls on vehicles entering Manhattan during weekday business hours, Bloomberg News reported.
June 14, 2007Senate Panel Delays Border-Card Rule
The Senate Appropriations Committee approved an amendment to halt the launch of a plan for a new border-crossing card for at least 17 months, in order to give the Departments of State and °®¶¹´«Ã½land Security more time to fix its problems
June 15, 2007Rail, Intermodal Levels Decline
Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.
June 14, 2007DHL Buys Stake in Miami Air Cargo Firm
DHL has bought a 49% stake in a Miami air cargo company and extended its contract with the company through 2019, the company said.
June 13, 2007