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TCA, Natso to Focus on Economic Recovery, Government Regulations During Meetings

Hopes for an economic recovery and the looming threat of government regulations will be main themes as the Truckload Carriers Association and Natso, the national association representing truck stops and travel plazas, hold their annual conferences from Feb. 27 to March 3 at separate locations in Las Vegas.

February 15, 2010

Small-Business Index Improves for First Time in Three Months

Confidence among U.S. small businesses increased in January for the first time in three months as the outlook for sales improved, the National Federation of Independent Business reported.

February 9, 2010

China Truck Group’s Jan. Sales Jump 300%

China National Heavy Duty Trunk Group Co., that country’s largest heavy truck producer, sold 16,653 vehicles in January, up more than 300% from a year earlier, Bloomberg reported Tuesday.

February 9, 2010

DOT Budget Proposes $4 Billion for New Infrastructure Bank

The Obama administration last week proposed a $4 billion “down payment” on a national infrastructure bank to supplement traditional highway funding, as part of its $78.8 billion budget proposal for the Department of Transportation.

February 8, 2010

Opinion: Truck Driver Training: The Reality

We almost made it through 2009 without another national news exposé of the trucking industry, but then came November and December. This time, the focus was on truck driver training and motor carrier employment practices.

February 4, 2010

C.H. Robinson’s 4Q Profit Declines

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $87.7 million, or 52 cents a share, down slightly from $88.9 million, or 52 cents a share, a year ago.

February 2, 2010

Diesel Drops 5.2¢ to $2.781 in Third Straight Decline

Diesel’s national average price fell 5.2 cents to $2.781 a gallon, matching the biggest drop in six months, the Department of Energy said Monday.

February 2, 2010

Kansas City Southern’s 4Q Profit Falls

Kansas City Southern said Thursday it earned $32 million, 33 cents a share, in its fourth quarter, compared with $36.4 million, or 40 cents, the previous year.

January 28, 2010

Canadian Pacific’s 4Q Profit Grows 3%

Canadian freight railroad Canadian Pacific’s fourth-quarter net income grew 3% to C$194.1 million, or C$1.15, from C$188.1 million, or C$1.21, a year earlier, Reuters reported.

January 28, 2010