TravelCenters Reports 2Q Profit
Truck stop chain TravelCenters of America reported a second-quarter profit Monday of $1.17 million, or 7 cents a share, compared with a loss of $15.04 million, or 90 cents, a year ago.
August 9, 2010Tight Truckload Capacity May Boost Slow-Moving LTL Recovery
Second-quarter earnings reports from the less-than-truckload sector show a tepid recovery compared with truckload companies, although executives said tightening truckload supply could divert freight into LTL terminals.
August 9, 2010Fleets Say Drive-Time Cut Would Boost Freight Costs
While the trucking industry waits for the Obama administration to complete its review of a new hours-of-service proposal, executives with some of the nation’s largest fleets warned that a cut in driving time would result in higher consumer costs, reduced efficiency and increased pollution.
August 9, 2010Mullen Group Posts 2Q Loss
Canadian transportation firm Mullen Group posted a second-quarter loss of C$6.2 million or 7 cents per share, compared with a profit of C$17.8 million, or 22 cents, a year ago.
August 9, 2010LaHood Seeks Truckers’ Help to Combat Distracted Driving
COLUMBUS, Ohio — Transportation Secretary Ray LaHood encouraged the nation’s safest truck drivers to play an active role in combating distracted driving. “Distracted driving is an epidemic in America,” LaHood said in a speech Aug. 5 during the National Truck Driving Championships.
August 9, 2010Letters: Risk Control, Success in Logistics, Hours of Service
Fortunately, some companies are slowly waking to the fact that untreated sleep apnea presents higher risks for their organization, and they are creating proactive programs to address the issue.
August 9, 2010Bill Would Let Ports Set Rules on Environmental Standards
New legislation aimed at giving ports more authority to set environmental regulations is expanding the battle over the Port of Los Angeles’ controversial employees-only clean trucks plan from the courts to Congress.
August 9, 2010Congress Sidesteps UPS-FedEx Labor Battle by Passing Short-Term FAA Spending Extension
Congress has passed a short-term extension of the Federal Aviation Administration’s authorization, delaying until after the August recess further debate over a labor provision that has UPS Inc. and FedEx Corp. feuding.
August 9, 2010Road-Funding Delay May Worsen Congestion and Reduce U.S. Competitiveness, Abney Says
The continuing delay in passing a new long-term highway bill has trucking executives and transportation officials worried about the effects on the U.S. freight network, according to David Abney, chief operating officer of UPS Inc.
August 9, 2010DTNA’s Daum Sees Boom, But Wants to Know When
Fourteen months into his job as CEO of Daimler Trucks North America, Martin Daum said the truck sales market is still bad — although it is improving — but his real challenge is trying to figure out when sales will return to a robust pace.
August 9, 2010