MATS Expects More Than 71,000 Visitors as Prosperity Draws Truckers to Louisville
In March 1972, Riva Ridge was training to win the Kentucky Derby and Belmont Stakes, Col. Harland Sanders was still making appearances at his Kentucky Fried Chicken empire, Transport Topics reported that the Secretary of Transportation proposed the “Busting Road Trust Fund,” and a truck tire salesman turned lobbyist hosted the first Mid-America Trucking Show in Louisville, Ky.
March 28, 2011Caterpillar Enters Vocational Market with Its First-Ever On-Highway Truck
LAS VEGAS — Caterpillar Inc., the construction-equipment manufacturer which dropped out of the Class 8 engine market two years ago, entered the on-highway vocational truck market last week with the introduction of the first in a line of Caterpillar-branded severe-service trucks.
March 28, 2011Volvo, Union Reach Tentative Deal on New Five-Year Labor Contract
Volvo Trucks North America and the United Auto Workers said they reached a tentative agreement on a new five-year contract for workers at the heavy-duty New River Valley plant near Dublin, Va.
March 28, 2011U.S. Diesel Average Dips 0.1¢ in First Decline Since November
U.S. retail diesel prices trickled down last week for the first time in nearly four months, the Department of Energy reported, but analysts said it was unlikely the trickle would start a downward trend at the pumps.
March 28, 2011UTi Worldwide’s 4Q Profit Rises
Air and freight forwarder UTi Worldwide’s fiscal fourth-quarter net income jumped to $14.5 million, or 14 cents a share, from $1.5 million, or 2 cents, a year earlier.
March 25, 2011Oil Ends Week Over $105 a Barrel
Oil slipped slightly from this week’s highest closing price in two-and-a-half years but finished the week near that level over $105 a barrel, Bloomberg reported.
March 25, 2011Three Sentenced in Broker Fraud Scheme
Three California men have been sentenced to jail and ordered to pay restitution for a fraud scheme that involved double brokering of trucking loads.
March 25, 2011Intermodal Traffic Rises 10.7% for Week
Intermodal traffic increased 10.7% last week from a year ago, the Association of American Railroads said.
March 25, 2011Consumer Confidence Falls From 3-Year High
Consumer confidence fell in March from a three-year high, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
March 25, 2011UPS Picks Wicker for New Post
UPS Inc. said it selected Scott Wicker, one of its veteran engineers, as the corporation’s first chief sustainability officer.
March 25, 2011