Kansas City Southern’s third-quarter net income rose to $138 million, or $1.25 a share, from $119 million, or $1.07, a year ago.
October 21, 2014Search
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FMCSA Extends Hours-of-Service Exemptions During Fuel Shortages
The Federal Motor Carrier Safety Administration on Oct. 22 issued a final rule allowing states to extend hours-of- service exemptions up to 90 days in times of acute fuel shortages.
October 22, 2014Consumer Sentiment Reaches 7-Year High
Consumer confidence in the U.S. unexpectedly rose in October to the highest level in seven years, showing a brightening in Americans’ moods as gas prices drop and the labor market gains traction.
October 17, 2014Poll: 80% Don’t Want Truckers’ Restricted Driving Hours Relaxed
A new poll commissioned by a coalition of advocacy groups found that 80% of Americans believe Congress should not raise the number of hours a truck driver can be on the road to 82 hours from 70. ATA calls the results misleading.
October 16, 2014Trucking Failures Slow in 3Q on Rates, Fuel, Report Says
A total of 9,090 trucks were taken off the road due to fleet bankruptcies in the third quarter, a slight decline from the second quarter, as rising freight rates and falling fuel prices helped keep some marginal fleets afloat, Avondale Partners analyst Donald Broughton said.
October 20, 2014Operation Safe Driver Week Kicks Off Oct. 19
Law enforcement agencies across North America beginning Oct. 19 will conduct heightened traffic safety enforcement and education.
October 16, 2014NHTSA Investigating Michelin Steer Tire
The National Highway Traffic Safety Administration has opened a preliminary evaluation of a specific Michelin steer tire for use in autohauler rigs that led to six complaints from truck operators who said the tires were involved in seven accidents.
October 16, 2014Crumbling Infrastructure Fix Seen With Global Trillions of Dollars
The concrete piers of two new bridges are rising out of the Ohio River between Louisville, Kentucky, and southern Indiana, as crews blast limestone and move earth to build the roads and tunnels that will soon connect the twin spans to nearby interstate highways.
October 15, 2014Economy Expands Modestly as Transportation Sector Grows, Fed Says
The economy continued to expand modestly from late August to early October as the transportation services sector generally grew, the Federal Reserve said.
October 16, 2014Diesel Price Keeps Falling, Lowest Since July 2012
Diesel fuel’s national average retail price fell 2.2 cents to $3.733 a gallon, the 14th straight week without an increase and 25th drop in the past 30 weeks, the Department of Energy reported.
October 13, 2014