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Volvo’s North American Deliveries Drop

Volvo AB said its heavy truck deliveries for the first eight months of the year fell 4.4% worldwide, while North American deliveries plunged, Bloomberg reported Monday.

September 24, 2007

Driving Hours Remain in Effect

The current truck-driver hours-of-service rules — allowing 11 hours of driving and restarting a week after 34 hours of rest — are likely to remain in place for at least several more weeks.

September 24, 2007

Knight Issues 3Q Earnings Warning

Truckload carrier Knight Transportation said its third-quarter earnings would be below analysts’ predictions, citing an industrywide decline in freight tonnage and excess truckload capacity.

September 19, 2007

Letters to the Editor: Border Dissent, HOS, Defensive Driving

I would like to urge everyone reading this letter to contact their local representatives and ask them not to pass the law allowing Mexican carriers full, direct access to U.S. roadways and customers.

September 19, 2007

Sleep Apnea Program Cuts Costs for Health Care, Schneider Says

Truckload carrier Schneider National said a sleep apnea screening and treatment program managed by an outside vendor has improved safety and driver productivity while lowering health-care costs.

September 19, 2007

Fed Action Boosts Transport Stocks

The Federal Reserve’s rate cut this week helped transportation industry stocks, as the broader economy needed a boost to help soften the slowdown that is projected to last through the first half of 2008, according to American Trucking Associations’ Chief Economist Bob Costello.

September 19, 2007

Report Cites Congestion Problems Nationwide

Drivers waste nearly an entire work week each year sitting in traffic on the way to and from their jobs, according to a national study released Tuesday, the Associated Press reported.

September 18, 2007

TransForce Signs Deal to Purchase Courier

Canadian transportation and logistics firm TransForce Income Fund said it had signed a definitive agreement to buy Century II Holdings, which owns courier company Information Communication Services.

September 17, 2007

Diesel Price Gains 3.1¢ to $2.924

The national average price of diesel fuel hit its highest level in more than a year last week following a 3.1-cent increase to $2.924 a gallon, while crude oil closed at more than $80 a barrel for the first time.

September 17, 2007