The Department of Transportation’s freight transportation services index jumped 4.1% in July from a year ago, the largest July-over-July gain in four years.
September 10, 2008Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Judge Tentatively Denies Injunction in SoCal Port Suit; ATA to Appeal
A federal judge tentatively denied American Trucking Associations’ request for an injunction that would delay the start of concessionaire programs for drayage drivers at the Ports of Los Angeles and Long Beach.
September 9, 2008DHL Testifies Before House Panel on UPS Air Deal
DHL Express Global Chief Executive Officer John Mullen told a House panel Tuesday that the company’s proposed deal to let UPS Inc. handle its North American air services was necessary for the company “to remain a viable competitor in the U.S. market.â€
September 9, 2008ATA Backs Ontario Speed Limiter Plan, but Suggests Changes to Avoid Conflict
American Trucking Associations said it supports Ontario’s plan to mandate speed limiters set at 105 kilometers — or about 65.2 mph — on all trucks but urged the province to alter its regulation to avoid conflicts with potential U.S. rules.
September 8, 2008Louisiana, Mississippi Get $4 Million for Emergency Repairs
The federal government will provide $4 million in emergency relief funds to Louisiana and Mississippi to help repair roads and bridges damaged by floods caused by Hurricane Gustav, U.S. Transportation Secretary Mary Peters said Friday.
September 5, 2008Trucking Sees Things to Like In Both White House Hopefuls
As the two primary U.S. political parties concluded their presidential nominating conventions and formally began the fall campaign, trucking executives said each candidate offered pluses and minuses for the industry.
September 8, 2008Highway Trust Fund Needs $8 Billion Bailout, DOT Says
The Highway Trust Fund needs an $8 billion transfusion from the U.S. Treasury’s general fund in order to avoid an imminent deficit, Transportation Secretary Mary Peters said Friday during a conference call.
September 5, 2008ISM Services Index Shows Expansion in August
The U.S. economy’s service sector expanded in August following two straight months of contraction, the Institute for Supply Management said Thursday.
September 4, 2008Second-Quarter Productivity Rises 4.3%
Second-quarter U.S. worker productivity rose at a 4.3% annual rate, more than previously estimated, the Labor Department said Thursday.
September 4, 2008Navistar Reports $272 Million 3Q Profit
Navistar International Corp. earned $272 million for its fiscal third quarter and boosted its full-year earnings forecast, the company said late Wednesday.
September 4, 2008