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DOT to Begin Audits of Mexican Trucking Companies

Inspectors from the Federal Motor Carrier Safety Administration will travel to Mexico to conduct safety audits on trucking companies interested in hauling cargo to and from the United States, the Department of Transportation said late Thursday.

February 23, 2007

Canada May Pass Law to End CN Railroad Strike

Canadian Labor Minister Jean-Pierre Blackburn introduced legislation Friday to force striking Canadian National Railway Co. employees back to work as early as next week, Bloomberg reported.

February 23, 2007

Morgan Stanley to Buy 80% Interest in Montreal Port

Morgan Stanley said Thursday it plans to acquire an 80% interest in the Port of Montreal, the third-largest container port in North America.

February 22, 2007

Universal Truckload Services’ 4Q, Full-Year Income Improves

Universal Truckload Services earned $5.3 million or 33 cents a share in the fourth quarter, up from $4.7 million or 29 cents a year earlier.

February 22, 2007

House Panel Criticizes DOT for Pushing Privatization

WASHINGTON — Leading members of the House Subcommittee on Transit and Highways from both parties sharply criticized the Department of Transportation’s recent push toward privatization and public-private partnerships.

February 22, 2007

Maritime Commission Approves ATA Intermodal Settlement

The Federal Maritime Commission has approved a settlement negotiated between American Trucking Associations’ Intermodal Motor Carriers Conference and an FMC-regulated ocean carrier, ATA said Thursday.

February 22, 2007

Diesel Rises for Third Straight Week, Climbing 1.5 Cents to $2.491

The average national retail price of diesel fuel rose 1.5 cents to $2.491 a gallon, the Energy Department reported Tuesday.

February 21, 2007

ATA’s Graves Criticizes Privatization Trend on CNBC

American Trucking Associations President Bill Graves criticized the growing trend of privatization of toll roads on CNBC’s “Street Signs” program Tuesday.

February 21, 2007

Consumer Price Index Gains 0.2% in January

U.S. consumer prices rose 0.2% in January following December’s 0.4% rise, the Labor Department said Wednesday.

February 21, 2007