Truck maker Volvo AB’s first-quarter profit dipped 5.8% as North American sales declined, but the company’s European sales increased, Bloomberg reported Friday.
May 11, 2007Search
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Court OKs Allied’s Reorg. Plan
Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.
May 14, 2007
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Court OKs Allied’s Plan
Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.
May 14, 2007Fleets Eye Safety Gains to Cut Insurance Costs
Risk management has taken on a new urgency for many carriers as trucking companies attempt to reduce operating costs and minimize insurance premiums, often by including safety improvements.
May 14, 2007STB Ends Antitrust Immunity for Trucking Rate Bureaus
The Surface Transportation Board has revoked the authority of motor carriers to engage in collective ratemaking and freight classification.
May 14, 2007Firms Seek to Replace Pension Funds
NEW YORK — The top executive at Arkansas Best Corp. said he expects to offer his fleet’s unionized employees a less-costly pension benefit plan and withdraw from the current Teamsters multi-employer funds.
May 14, 2007Fleets Grow as Freight Falls
NEW YORK — The decline in freight volume this year and the number of heavy-duty trucks purchased last year during the “pre-buy” were both markedly bigger than analysts thought, leading to too many trucks chasing too little business.
May 14, 2007Bush Outlines Emissions-Reduction Plan
President Bush on Monday ordered U.S. government agencies to begin taking regulatory steps to curb vehicle emissions and urged Congress to enact legislation to reduce U.S. dependence on foreign oil.
May 14, 2007Feds Probing Oil-Trading Practices
Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.
May 10, 2007Rail, 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.
May 10, 2007