Two key Senators introduced legislation Thursday that would increase the proportion of national freight transportation provided by modes other than trucks by 10% by 2020.
May 14, 2009Search
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Trucking Begins to See Gains from Start of Stimulus Funds
Trucking is just beginning to glimpse benefits from the federal economic stimulus program, which could produce about $1.1 billion in carrier revenue over the next two years for moving materials used in infrastructure projects, industry and federal officials said.
May 18, 2009Intermodal, Rail Traffic Fall for Week
Intermodal rail traffic fell 21% last week compared with the same week last year, the Association of American Railroads said.
May 15, 2009Initial Weekly Jobless Claims Rise
Initial jobless claims rose last week while the number of people receiving continuing claims set a record for the 15th straight week, the Labor Department said Thursday.
May 14, 2009Wal-Mart Reports Flat First-Quarter Income
Wal-Mart Stores said Thursday its fiscal first-quarter profit was flat from a year ago as revenue from its international operations was hurt by a stronger dollar, the Associated Press reported.
May 14, 2009Wabash National’s First-Quarter Loss Widens
Trailer manufacturer Wabash National Corp. lost $28.3 million, or 94 cents per share, for the first quarter, compared with a loss of $6.4 million, or 21 cents, a year ago.
May 14, 2009DOT Freight Index Falls 6.5% in March
The Department of Transportation said its freight transportation services index fell 6.5% in March from a year earlier to its lowest level in more than six years.
May 13, 2009WebTech Wireless Reports First-Quarter Profit
WebTech Wireless, a supplier of GPS location-based and fleet telematics services, reported a profit of $115,000, or zero cents per share for the fiscal quarter ended March 31, compared with a loss of $1.95 million, or 3 cents per share, in the same quarter last year.
May 13, 2009ATA Recognizes National Transportation Week
American Trucking Associations said Wednesday it celebrating National Transportation Week by bringing trucking industry outreach programs to public events around the country.
May 13, 2009Import Prices Rise 1.6% on Higher Oil
The price of goods imported to the United States rose for a second straight month in April as oil prices increased, the Labor Department said Wednesday.
May 13, 2009