Tank truck carrier Quality Distribution said Tuesday its third -quarter net income fell to $400,000, or 2 cents per share, from $1.4 million, or 7 cents, a year ago.
November 9, 2010Search
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S.C. Boosts Container-Weight Allowance to 100,000 Pounds
South Carolina is issuing special weight permits under a new state policy that allows international shipping containers weighing up to 100,000 pounds to run on the state’s roads, up from the previous 90,000-pound limit.
November 9, 2010Opinion: Trucking Work-Injury Programs
Earlier this year, American Trucking Associations released a very upbeat forecast for U.S. freight transportation. That’s good news, but motor carriers will be challenged to keep pace with this growth.
November 10, 2010Trucking Adds 300 Jobs as Unemployment Holds at 9.6%
Although private sector employment increased by 159,000 overall during the month of October, for-hire trucking employment only grew by 300, according to the Labor Department.
November 9, 2010Diesel To Average $3.19 Next Year, DOE Says
Diesel will continue to rise into next year, averaging $3.19 at the pump in 2011, the Department of Energy said.
November 9, 2010Old Dominion Boosting Rates 4.9%
Old Dominion Freight Line said Monday it will boost its less-than-truckload rates by about 4.9%, beginning Nov. 15.
November 8, 2010Brown Trucking Buys N.C. Trucking, Logistics Firm
James Brown Contracting has acquired Durham, N.C.-based West Brothers’ Cos. a trucking, logistics and leasing of commercial fleet services in the Southeast. Terms were not disclosed.
November 8, 2010FMCSA Orders Colorado Fleet to Install EOBRs
The Federal Motor Carrier Safety Administration has ordered a Colorado carrier to install electronic onboard recorders on its fleet by March, after deeming the trucking company in violation of federal hours of service rules.
November 9, 2010TravelCenters Reports Third-Quarter Profit
Truck stop chain TravelCenters of America Monday reported a third-quarter profit, compared with a loss a year ago, citing an improved margin in fuel price per gallon.
November 8, 2010Oil Hits Two-Year High Near $87 a Barrel
Oil prices are at a two-year high near $87 a barrel after jumping more than $5 last week, Bloomberg reported.
November 8, 2010