DOT Freight Index Slips
The Department of Transportation’s freight transportation services index for October slipped 0.3% from the same month last year, though it rose from September’s level.
December 13, 2007International Reports Accord with UAW
International Truck and Engine Corp. and the United Auto Workers union have reached tentative agreement on new three-year labor contracts, International said Wednesday.
December 12, 2007ATA, Con-way Set Holiday Safety Message
American Trucking Associations and Con-way Freight have teamed up to launch a national public service announcement safe-driving campaign for the holiday season.
December 12, 2007Wholesale Inventories Unchanged in October
Wholesale inventories were flat in October, while sales jumped 0.7%, the Commerce Department said Wednesday.
December 12, 2007Officials Cite Training, Technology, Design to Reduce Tank Truck Rollovers Crashes
BALTIMORE — Trucking and government officials emphasized the importance of training in preventing rollover crashes, but they also said the use of technology and changes to trailer design were cost-effective ways to reduce crashes.
December 12, 2007Old Dominion Buys Denver Carrier
Old Dominion Freight Line said it would purchase some assets of Bullocks Express Transportation, a Denver-based trucking company.
December 12, 2007Covenant to Take Modest Loss or Break Even in 4Q
Truckload carrier Covenant Transportation Group said Wednesday it expects to report break-even to a net loss of 10 cents per share for the fourth quarter.
December 12, 2007October Trade Gap Rises 1.2%
The U.S. trade deficit widened in October as crude oil prices surged, the Commerce Department said Wednesday.
December 12, 2007FedEx Ground Plans $87 Million Ohio Hub
FedEx Corp. said Tuesday it will be build an $87 million facility in Ohio for its FedEx Ground unit, as part of plans to double its North American ground shipping capacity.
December 11, 2007Fed Cuts Key Interest Rate Quarter-Point to 4.25%
The Federal Reserve voted Tuesday to lower the benchmark U.S. interest rate by a quarter of a percentage point to 4.25%, the third reduction in four years.
December 11, 2007