Hub Group Reports Higher 3Q Profit
Third-party logistics company and freight broker Hub Group’s third-quarter profit rose 23%, despite a drop in revenue and intermodal volume.
October 23, 2007HOS, Driver Shortage Top Trucking’s Concerns
Hours-of-service rules and a shortage of truck drivers top the list in a new survey of more than 5,000 trucking industry executives, the American Transportation Research Institute said Monday.
October 22, 2007FedEx Adding Hybrids in Europe
FedEx Express said Monday it will introduce 10 hybrid electric-diesel vehicles to its European fleet.
October 22, 2007General Freight to Use TMWSuite
Third-party logistics firm General Freight Systems said it will begin using the TMWSuite software platform as part of a companywide technology upgrade.
October 22, 2007Editorial: The Best Defense
Rather than trying to hold back the tide, American Trucking Associations’ leaders have decided the industry should get ready to funnel, in beneficial ways, the political groundswell that is rising behind the popular surge of interest in global warming.
October 22, 2007E-Manifests Required in Maine, Minnesota
Truckers are now required to electronically submit manifests detailing cargo and carrier information to U.S. Customs and Border Protection prior to arrival at Maine and Minnesota land border ports of entry, the agency said.
October 22, 2007Kuehne & Nagel Profit Rises 34%
Kuehne & Nagel International AG, the world’s largest ocean freight forwarder, said Monday its third-quarter profit rose 34%, helped by increased air and ocean shipments, Bloomberg reported.
October 22, 2007Trucking Leaders Gather to Discuss Global Economy, Regulations
Against the backdrop of political and regulatory uncertainty, American Trucking Associations members will come together this week to talk primarily about the business of trucking, the state of the industry, the health of the economy and new opportunities for carriers here and abroad.
October 21, 2007Truck Sales Plunge 58.8% in September
Heavy-duty U.S. retail truck sales continued this year’s collapse in September, falling 58.8% as Class 8 volume totaled less than half year-earlier sales for the fifth month in a row, according to the latest survey from Ward’s Communications.
October 21, 200711th Driving Hour to Remain in HOS Rule, Graves Predicts
WASHINGTON — The Federal Motor Carrier Safety Administration is expected to issue a revised hours-of-service rule that would keep two key provisions a federal court struck down but would address the court’s concerns over those provisions, according to ATA President Bill Graves.
October 21, 2007