ArvinMeritor Says 2Q Earnings Will Improve
Heavy-duty parts maker ArvinMeritor Inc. said its fiscal second-quarter earnings would be “significantly better” than last year’s second quarter.
March 19, 2008Letters to the Editor: SAFER Scores, Fuel Prices, Border Opening
The Opinion column by John Hausladen, “Be Ready to Explain Your SAFER Scores,” is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is — and, how it can be misinterpreted by those uninformed about the industry.
March 19, 2008DOT Says Delay Hits Progress on Several Key Regulations
A recent Transportation Department report said work on several key new regulations has fallen behind schedule, including shorter stopping distance for heavy trucks, safety reviews of new trucking companies, medical certification of drivers and a new registration system.
March 19, 2008N.H. House Votes to Ban Texting While Driving
The New Hampshire House voted Tuesday to make it illegal for drivers to send text messages on cell phones or type on laptop computers or other electronic devices, the Associated Press reported.
March 19, 2008Werner Warns on 1Q Earnings Due to Sluggish Demand, Fuel Costs
Truckload carrier Werner Enterprises said Wednesday it expects its first-quarter earnings to fall substantially below last year’s, the Associated Press reported.
March 19, 2008Oil Prices Take Biggest Drop Since August
Crude oil prices fell almost $6 a barrel Wednesday following a Department of Energy report that showed crude oil inventories rose last week, Bloomberg reported.
March 19, 2008Trucking Gains in Stock Surge
Trucking stocks rose Tuesday along with the Dow Jones industrial average, which soared 420 points, its biggest one-day point gain in more than five years, the Associated Press reported.
March 18, 2008Fed Cuts Key Interest Rate to 2.25%
The Federal Reserve Tuesday cut the key U.S. interest rate by three-quarters of a point, to 2.25%.
March 18, 2008Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008NTSB Says Weight Was on Weak Points of Minneapolis I-35W Bridge
More than 191 tons of construction material was piled over the weakest areas of the Interstate 35W bridge in Minneapolis shortly before it collapsed into the Mississippi River last August, according to an ongoing federal investigation, the Associated Press reported Tuesday.
March 18, 2008