Truck dealership Rush Enterprises said its third-quarter earnings dipped to $13.1 million or 34 cents a share, from $16.4 million or 43 cents for the same quarter last year.
October 19, 2007Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Covenant Takes Third-Quarter Loss
Covenant Transportation Group reported it lost $3.6 million or 25 cents a share, compared with a net income of $795,000 or 6 cents a year earlier.
October 19, 2007Landstar’s 3Q Earnings Dip
Truckload carrier Landstar System said Thursday its third-quarter net income slipped from a year ago, though its per-share income rose.
October 18, 2007Knight’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, 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, 2007Peters Asks Congress to Approve Mexican Truck Program
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, 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, 2007ATA Expects 11-Hour HOS Limit Will Hold
ATA President Bill Graves said Friday that he expects a court’s 90-day stay will give federal regulators enough time to issue an interim final rule maintaining an 11-hour limit for truck drivers’ hours of service, the Associated Press reported.
October 15, 2007UPS, Teamsters Contract Shows Enhanced Pay, Benefits
UPS Inc. employees represented by the Teamsters union will get a pay increase of $4 an hour and additional benefits worth $5 an hour under a new five-year contract, Bloomberg reported.
October 15, 2007I-5 Partially Reopened Near L.A. After Big Weekend Accident
California officials reopened southbound lanes of Interstate 5 near Los Angeles early Monday after a 31-vehicle pileup over the weekend killed three and closed a freeway tunnel, USA Today reported.
October 15, 2007