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Stock Market/Oil Price Two-Step
The new economic Siamese twins, namely the stock market and oil prices, are continuing to rise in lockstep, bringing relief and pain to consumers 鈥 and the national economy 鈥 simultaneously.
August 17, 2009NTTC Launches New Web Site
National Tank Truck Carriers Monday launched its new Web site, featuring updated information for its members and the public.
August 17, 2009U.S. Still Wants Trucking Deal, Obama Tells Mexico鈥檚 President
President Obama last week assured Mexican President Felipe Calderon that the United States remains committed to reaching a cross-border trucking agreement with its southern neighbor.
August 17, 2009Record Number of Truckers Head to Pittsburgh to Compete in Annual 鈥楽uper Bowl of Safety鈥
Despite a challenging economic climate, a record number of drivers will participate in the National Truck Driving Championships this week.
August 17, 2009Biodiesel Group Says EPA Rule Threatens Future Production
A proposed U.S. Environmental Protection Agency rule designed to expand biofuel use actually has brought the biodiesel market 鈥渢o a grinding halt,鈥 because it does not allow most blends of soy oil, according to the National Biodiesel Board.
August 17, 2009Contrans鈥 Second-Quarter Income Falls
Canadian firm Contrans Income Fund said that its second-quarter profit was C$6.2 million, or 20 cents per unit, down from C$10.2 million, or 35 cents, a year ago.
August 12, 2009Opinion: The Customer Service, Dispatch Dilemma
As the recession deepens, there is growing awareness in the transportation industry of the role dispatchers play in keeping third-party logistics firms and freight brokerages competitive, particularly in the areas where dispatch and customer service collide.
August 11, 2009TT 100 For-Hire and Private Listings Available Online
The 2009 Transport Topics 100 for-hire and private listings are available online. The listings, available to download free,聽show the top 100 U.S. and Canadian carriers in each category.
August 11, 2009Wabash Reduces 2Q Loss, Gets $35 Mln. in New Capital
Trailer maker Wabash National Corp. lost $17.9 million during the second quarter 鈥 an improvement of more than $10 million from the year鈥檚 first three months, when it lost $28.3 million 鈥 and announced the completion of a deal with a private equity firm that will give it $35 million in new capital.
August 10, 2009Wabash鈥檚 Second-Quarter Loss Widens
Trailer manufacturer Wabash National Corp. lost $17.9 million, or 59 cents a share, in the second quarter, compared with a loss of $3.2 million, or 11 cents, a year ago.
August 6, 2009