Driver turnover rates rose in the first quarter at both large truckload and less-than-truckload carriers, while the rate fell modestly for smaller truckload carriers, according to new American Trucking Associations data.
June 18, 2007Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
TransCore’s GlobalWave Receives Certification
Trucking technology firm TransCore said it has received certification for its GlobalWave tracking devices from Underwriters Laboratories.
June 19, 2007Express-1 Promotes Curry to President
Ground expediter Express-1 Expedited Solutions said Tuesday it has promoted Jeff Curry to president.
June 19, 2007Oil Rises to Nine-Month High, Nearing $70 a Barrel
Crude oil futures rose to a nine-month high Tuesday, closing at $69.10 a barrel, the highest New York Mercantile Exchange closing price since Sept. 1, Bloomberg reported.
June 19, 2007ATA Reorganizes Highway Watch Program
American Truck Associations has announced a reorganization of the management of the Highway Watch program.
June 18, 2007Marten Orders 2,000 APUs from Thermo King
Refrigerated truckload carrier Marten Transport has ordered more than 2,000 auxiliary power units from Thermo King.
June 18, 2007Democrats Demand Action on ‘Hot’ Fuel
WASHINGTON — Congressional Democrats said steps need to be taken to ensure that U.S. consumers are not getting shortchanged by “hot” fuel, but representatives of the fuel retailing industry said adjusting sales by temperature was unnecessary and would hurt small businesses.
June 18, 2007Analyst Lowers 2Q Outlook
An analyst with Stifel, Nicolaus & Co. lowered the second-quarter and full-year earnings estimates on 13 freight companies — including 12 trucking companies — citing continued softness in the transportation market, the Associated Press reported.
June 18, 2007Diesel Rises 1.3¢ to $2.805; Gas Falls to Just Over $3
Diesel fuel’s national average retail price rose 1.3 cents $2.805 a gallon, while gasoline fell 6.7 cents but remained just over $3, the Department of Energy said Monday.
June 19, 2007