Transportation Secretary Mary Peters asked Congress Wednesday to reconsider its pending prohibition and let a cross-border trucking demonstration program between the United States and Mexico proceed.
October 17, 2007Search
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Knight’s Third-Quarter Earnings Decline
Truckload carrier Knight Transportation’s third-quarter profit fell to $14.5 million or 17 cents a share, from $18.9 million or 22 cents a year ago.
October 18, 2007
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
States Receive FHWA Funds to Ease Delays
The Federal Highway Administration announced Oct. 5 it is issuing nearly $5 million in grants to six states to “reduce traffic jams near highway construction sites by speeding project completion.”
October 17, 2007I-5 Tunnel Concerns Cited Following SoCal Crash
A chain-reaction crash on Interstate 5 that left three people dead was apparently caused when a trucker lost control emerging from the tunnel, and some truckers cited concerns with the tunnel’s configuration, the Los Angeles Times reported Wednesday.
October 17, 2007Court Says FedEx Drivers Can Sue for Status; Company Plans To Appeal
A federal judge ruled Monday that FedEx Corp.’s independent drivers can sue as a group for benefits sought in a lawsuit filed by workers claiming they should be paid as full-time employees, Bloomberg reported.
October 16, 2007Velocity Express Reports Fiscal 4Q Loss
Velocity Express said Tuesday it lost $4.3 million or 20 cents a share in its fiscal fourth quarter ended June 30, compared with a loss of $5.8 million or 44 cents a year earlier.
October 16, 2007Werner’s 3Q Income Dips 11%
Truckload carrier Werner Enterprises’ third-quarter profit declined 11% from a year ago, to $21.9 million or 30 cents per share, from $24.6 million or 31 cents last year.
October 16, 2007Industrial Production Rises 0.1% in September
Industrial production rose 0.1% in September, the Federal Reserve said Tuesday.
October 16, 2007Supervalu’s Earnings Rise for Fiscal 2Q
Grocery chain Supervalu Inc. earned $148 million, or 69 cents a share, for its second quarter ended Sept. 8, up from $132 million or 61 cents a year earlier.
October 16, 2007Two TSA Laptop Computers Stolen
Two laptop computers with personal information about U.S. commercial drivers who transport hazardous materials are missing and considered stolen, the Associated Press reported Tuesday.
October 16, 2007