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Trimac’s 4Q Income Dips; Full Year Improves
Canada-based transportation firm Trimac Income Fund earned C$3.1 million or 8 cents per unit in the fourth quarter, down from C$5.7 million or 13 cents a year earlier.
March 9, 2007Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Class 8 Fleet Size Grows 5.2% in 2006 as Carriers Stock Up
The number of heavy-duty trucks in use in the United States increased 5.2% to 3.51 million Class 8 commercial vehicles last year, as fleet owners stocked up on new trucks and kept more old vehicles in service, market research firm R.L. Polk & Co. said.
DOT Issues Daylight-Saving Time Reminder
The Department of Transportation issued a reminder that starting in 2007, daylight-saving time will begin three weeks earlier, starting this weekend.
March 9, 2007ATA Pushes for Flexibility in HOS Sleeper-Berth Provisions
Truck drivers need greater flexibility within federal driver work and rest rules to allow them to select sleep times and duration based on individual need, according to a study released jointly by American Trucking Associations and a sleep research firm.
March 8, 2007DOT: Border Plan to Involve Fewer Than 1,000 Mexican Trucks
Transportation Secretary Mary Peters told a congressional panel Thursday that DOT expects the pilot program involving allowing trucks from Mexico to U.S. roads will involve fewer than 1,000 trucks.
March 8, 2007Mullen’s 4Q Income Declines; Full-Year Results Improve
Canadian transportation firm Mullen Group Income Fund reported its fourth-quarter profit fell to C$14 million or 17 cents per share, from C$24.7 million or 52 cents a year earlier.
March 7, 2007Richard Bailey Named President of Boyd Bros. Transportation
Richard Bailey was promoted to president of flatbed truckload carrier Boyd Bros. Transportation Co., the company said.
March 7, 2007Air Cargo Shipments Rise 2.1% in January
Air cargo shipments rose 2.1% in January from a year earlier, with about an even split in gains in domestic and international shipments, the Air Transport Association said.
March 7, 2007Security & Safety Briefs — March 1 - March 7
Arkansas Seat Belt Law Gains Support • Train Accidents Decline for Second Year, DOT Says
March 7, 2007Editorial: Opening the U.S.-Mexico Border
The Department of Transportation’s move to conduct a broad test of opening the U.S.-Mexican border to truck traffic is a prudent step toward honoring mutual commitments made by both nations when the North American Free Trade Agreement was ratified.
March 7, 2007