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DOT Transport Index Rises 2.7%

The Department of Transportation’s freight transportation services index for February rose 2.7% from a year earlier, DOT said Wednesday.

April 9, 2008

Daimler’s Earnings to Rise on Growth in Russia, China

Daimler AG said Wednesday its sales and profit will rise this year on higher demand from emerging economies such as Russia and China, outweighing a weaker U.S. economy, Bloomberg reported.

April 9, 2008

Daimler’s Earnings to Rise on Growth in Russia, China

Daimler AG said Wednesday its sales and profit will rise this year on higher demand from emerging economies such as Russia and China, outweighing a weaker U.S. economy, Bloomberg reported.

April 9, 2008

Jevic to Close Ohio Terminal

Jevic Transportation said it plans to close a facility in West Chester Township, Ohio, in June, the Hamilton (Ohio) News-Journal reported.

April 9, 2008

Freightliner to Cut Work Force at N.C. Plant

Freightliner Trucks plans to lay off about 1,500 workers at a North Carolina truck plant, the Charlotte Observer reported.

April 9, 2008

UPS Lowers 1Q Outlook on Sluggish Economy

UPS Inc. reduced its first-quarter earnings estimate because domestic shipments are slowing as the U.S. economy weakens.

April 9, 2008

Trust Fund May Face Deficit, Former DOT Official Says

The main funding vehicle for the U.S. highway infrastructure will be exhausted by next year, according to a transportation expert, the Wall Street Journal reported Wednesday.

April 9, 2008

Quality Distribution Alters Liability Coverage

Bulk and tanker carrier Quality Distribution Inc., Jacksonville, Fla., said it purchased an insurance policy to cover all accident liability claims between $2 million and $5 million.

April 7, 2008

Study Aims to Find Best Ways to Remove Snow From Trucks

The American Transportation Research Institute has initiated a study of the costs and benefits of removing snow and ice from the tops of tractor-trailers.

April 8, 2008

Opinion: Costly, Ineffective New Federal Training Rules

Safety is the paramount goal of every motor carrier. From intensive driver training to using the finest technology available, the trucking industry strives to uphold the highest safety standards while ensuring the smooth and steady flow of cargo on our nation’s highways.

April 9, 2008