Forward Air Says 3Q Income to Decline
Forward Air Corp., a contractor to the air cargo industry, said late Wednesday it expects to earn 35 cents 37 cents for the third quarter, down from a year ago.
October 11, 2007Jobless Claims Decline for Week
Initial jobless claims fell by 12,000 last week, the Labor Department said Thursday.
October 11, 2007TTNews.com to Close for Columbus Day
TTNews.com will be closed Monday for the Columbus Day holiday. Please check back on Tuesday, Oct. 14, for the latest trucking and freight transportation news.
October 10, 2007DOT Transport Index Flat in August
The Department of Transportation’s freight transportation services index for August was flat compared with a year ago, DOT said Wednesday.
October 10, 2007Diesel Dips 1.3¢ to $3.035
The national average pump price of diesel fuel fell 1.3 cents to $3.035 a gallon, the Department of Energy said Tuesday.
October 10, 2007BAX Sets Mexico Flights
BAX Global said it is expanding its overnight distribution capabilities between the United States, Mexico and Canada by adding an additional air cargo flight into Mexico, starting next Monday.
October 10, 2007DOT Delays New Regulations; Onboard Recorder Rule Stalls
Several new regulations expected from the U.S. Department of Transportation will be delayed and others, including a long-awaited regulation encouraging the use of electronic onboard recorders, could fall even further behind schedule because of a recent court ruling scrapping part of the Federal Motor Carrier Safety Administration’s driver-hours rule, DOT said.
October 10, 2007Ryder Completes Canadian Acquisition
Ryder System said Wednesday it completed its acquisition Pollock NationaLease, one of the largest privately owned commercial truck leasing and rental companies in Canada, as well as Pollock's logistics operations.
October 10, 2007Editorial: Fixing the HOS Situation
The Federal Motor Carrier Safety Administration has been given until Dec. 27 to cure the defects a federal appeals court found in its latest driver hours-of-service regulations. We all need to hope that FMCSA officials are successful in that effort.
October 10, 2007Freightliner to Become Daimler Trucks North America
U.S. truck and engine maker Freightliner LLC said late Friday it is changing its name to Daimler Trucks North America LLC, effective Jan. 7.
October 9, 2007