The U.S. economy added 244,000 jobs in April — including 4,500 trucking jobs — but the unemployment rate rose to 9%, the Labor Department said Friday.
May 6, 2011Search
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Industry Groups Blast Bill in Congress that Imposes Truck Size, Weight Limits
WASHINGTON — Trucking industry groups last week criticized a bill introduced by Sen. Frank Lautenberg (D-N.J.) aimed at freezing truck size and weight limits on the 160,000-mile National Highway System, saying it would block increases in truck productivity.
May 9, 2011Some Fleets Sidestep Fuel Price Escalation by Using Liquefied, Compressed Natural Gas
Bill Malone must have been one of the few people in trucking who could chuckle at the price of diesel one day this spring. It was well over $4 a gallon, but Malone was untroubled because the 18 tractors in the fleet he oversees are fueled with liquefied natural gas.
May 9, 2011Draft of White House Plan Mulls Mileage Tax, New Tolls
A draft of the Obama administration’s transportation reauthorization plan calls for creation of an office within the Federal Highway Administration that would spend six years studying a vehicle-miles-traveled tax to help fund the nation’s surface transportation system.
May 9, 2011Retail Diesel Fuel Average Price Rises 2.6¢ to $4.124 per Gallon
The average retail price of U.S. diesel resumed its upward march last week, climbing 2.6 cents per gallon to $4.124 and sparking renewed attention to fuel surcharge collections.
May 9, 2011April Truck Orders Surge
Orders for new Class 8 trucks in North America shot up dramatically in April to around 38,000, about 160% higher than the year-ago level, lengthening delivery schedules, according to industry officials.
May 9, 2011YRC Worldwide’s 1Q Loss Declines
YRC Worldwide Friday reported a first-quarter loss of $102 million, or $2.14 per share, compared with a loss of $274 million, or $13.15 per share, a year ago.
May 6, 2011Opinion: Infrastructure — A Pivotal Moment
This is a pivotal moment for our nation’s commitment to investing in transportation infrastructure. The Interstate Highway System has been built, but it no longer meets all our needs and is showing its age.
May 12, 2011Abrupt Capacity Shortage Threatens Trucking, Celadon’s Chief Warns Annual ALK Summit
PRINCETON, N.J. — There could be an “instantaneous capacity shortage” in the United States this year or next because of a “perfect storm” fed by an aging, shrinking truck fleet and a lack of good drivers, said Paul Will, president and chief operating officer of Celadon Group.
May 9, 2011Horizon Lines Reports $33.3 Million 1Q Loss
Horizon Lines Inc., the ocean carrier that provides service between the U.S. mainland and Alaska as well as other locations, said it lost $33.3 million in the fiscal first quarter ended March 27, a loss that was nearly three times greater than the comparable 2010 period.
May 9, 2011