Higher Fuel Prices Lead to More Reposessions
Truckers overwhelmed by high fuel costs are falling behind in payments on their vehicles, and finance companies are seeing more drivers return their vehicles to the lenders because operators think they can no longer make money by driving the truck.
Volvo CEO: Dealers Pay Price for 'Bull Run' in Sales
Truck sales are softening yet deals are harder to put together and profits are slipping. That's the fallout from a red-hot economy and roaring truck sales and it's pinching dealers, says Volvo CEO Marc F. Gustafson.
Swift Raises Driver Pay
Truckload carrier Swift Transportation has raised driver pay, increasing its rates by 1 to 2 cents per mile for nearly all of its 7,000 drivers.
Cities, States Harbor Intermodal Hopes
Spurred by the promise of federal support and fed up with increased congestion at the nation’s ports and rail terminals, cities and states are working with the private sector to improve intermodal freight handling facilities throughout the country.
Cities, States Harbor Intermodal Hopes
Spurred by the promise of federal support and fed up with increased congestion at the nation’s ports and rail terminals, cities and states are working with the private sector to improve intermodal freight handling facilities throughout the country.
Canadian Operations Expand by Merger
Two Canadian trucking operations have bonded, with a less-than-truckload carrier acquiring a truckload firm.
TIA Backs Bills for Fair Access For Shippers to Railroad Service
High bonding and minimum volume requirements by railroads make it difficult for small and mid-size intermodal marketing companies to offer competitive rates to shippers, according to the executive director of the Transportation Intermediaries Association.
From Out of the Far West, James E. Coles Picks Up The ATD Crown
James E. Coles, president of Western Peterbilt and Truck Dealer of the Year for 2000, has seen his share of hard times and good times, but regardless of fluctuating business conditions, his philosophy has remained essentially the same.
Third-Party Net Portals
The Internet is sparking the development of new businesses and new ways of doing business throughout the shipping and trucking cycle, and brokers and freight-forwarders are no exception.
TIA Backs Bills for Fair Access to Rails
The Transportation Intermediaries Association is throwing its weight behind legislation they say would enhance competition and bring fairness to rail service.