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STB Asked to Delay New Limits On Freight Rate-Setting Bureaus
The National Motor Freight Traffic Association has asked the Surface Transportation Board to delay a decision to end antitrust immunity for trucking rate bureaus.
May 28, 2007Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Union Fund Exit Would Cost UPS Up to $4 Billion
UPS Inc. would have to pay about up to $4 billion to cover its share of a Teamsters pension fund’s obligations, industry sources said.
May 28, 2007Preliminary Report Shows Downturn in ’06 Large-Truck Crash Fatalities
Preliminary data released by the Department of Transportation show that fatalities from large truck crashes declined 3.7% last year compared with 2005.
May 30, 2007Knight Raises Quarterly Dividend
Truckload carrier Knight Transportation said Tuesday its board raised the company’s quarterly cash dividend, declaring a dividend of 3 cents per share, an increase of 50%.
May 29, 2007Calif. Seeks Stricter Greenhouse-Gas Rules
California has asked U.S. regulators for permission to set its own environmental rules for reducing global warming emissions from passenger vehicles, Bloomberg reported.
May 23, 2007Covenant Renames Holding Company
Covenant Transport said Wednesday its stockholders approved a name change to the truckload carrier’s corporation to Covenant Transportation Group Inc.
May 23, 2007FMCSA Moves to Protect Fleets From ID Theft
Brent Jones first got word March 27 that his trucking company’s name was being used as part of a freight load board fraud scheme.
May 22, 2007Letters to the Editor: Border Opening, SafeStat Scores
These letters appear in the May 21 print edition of Transport Topics. Click here to subscribe today.
May 22, 2007Sen. Clinton Seeks Rail-Safety Upgrades
Sen. Hillary Clinton (D-N.Y.) has urged Congress to tighten U.S. rail-safety rules, citing CSX Corp. derailments and other accidents in her state since December, Bloomberg reported.
May 22, 2007Class 8 Truck Sales Plunge in April
Sales of new Class 8 trucks plunged 45% in April, compared with a year earlier, the most severe decline in six years.
May 21, 2007