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Durable Goods Orders Fall 5.3%

Durable goods orders fell 5.3% in January, the Commerce Department said Wednesday.

February 27, 2008

New York Court Upholds Federal Liability Law

The New York Supreme Court earlier this month upheld the constitutionality of the 2005 Graves Amendment, a federal law that eliminates vicarious liability nationwide.

February 25, 2008

DOT Seeks Rail Safety Improvements

The Department of Transportation said it is seeking to reduce common mistakes that result in nearly half of all human factor-caused train accidents.

February 25, 2008

Letters to the Editor: Hours of Service, Hard Questions, Fuel Discounts

After spending more than 32 years in this industry, nothing really surprises me anymore. However, with regards to all the political groups who seem to know more about our industry than we do, their members are probably the first to complain when the new stove, washer-dryer, etc., isn’t delivered on time.

February 27, 2008

Contrans’ 4Q Profit Dips Slightly

Canadian firm Contrans Income Fund said Wednesday its fourth-quarter income was C$7.5 million, or 31 cents per unit, compared with C$7.8 million, or 31 cents, a year ago.

February 27, 2008

Teamsters, DHL Reach Tentative Pact

The Teamsters union said Wednesday its national negotiating committee reached a tentative agreement on an agreement with package carrier DHL.

February 27, 2008

European Truck Sales Surge 23% in January

European heavy-duty truck sales surged 23% in January, led by sales in France and the United Kingdom, as transport firms expanded their fleets and replaced aging vehicles, Bloomberg reported Tuesday.

February 26, 2008

Consumer Confidence Falls in February

Consumer confidence declined in February, the New York-based Conference Board said Tuesday.

February 26, 2008

Trailer Bridge’s Losses Widen in 4Q

Trailer Bridge Inc. said Tuesday it lost $67,334, or 1 cents a share in the fourth quarter of 2007, compared with earnings of $8.9 million or 72 cents in the 2006 fourth quarter.

February 26, 2008

Schenker Chairman Hagar Resigns

Hans-Jörg Hager, chairman of the board of Schenker Logistics, will step down from his position this year, the company said Tuesday.

February 26, 2008