Swift Files With SEC to Take Firm Public
Truckload carrier Swift Transportation could be returning to the ranks of the publicly traded trucking companies, according to a registration statement filed last week, a move that could allow the sale of as much as $700 million in stock.
July 26, 2010Virginia Gov. Wants to Privatize Liquor Sales for Road Money
Virginia Gov. Bob McDonnell (R) wants to take the state out of the retail liquor business by privatizing its system of state-owned stores in order to generate much-needed cash for transportation projects.
NTSB Chairwoman Urges More Focus on Driver Fatigue, Safety Technology
WASHINGTON — The National Transportation Safety Board would like to see regulators and the trucking industry do more to address fatigue and adopt more safety technology to reduce highway crashes, Chairwoman Deborah A.P. Hersman told Transport Topics during a June 25 interview.
July 12, 2010ATRI Says Shipper Pressure Forces Truckers to Seek Complex Carbon Measurement Tools
Although trucking companies do not yet face a legal mandate to report their carbon emissions, some shippers continue to demand such disclosure, forcing truckers to choose between several complex reporting methods, the American Transportation Research Institute said.
June 29, 2010Ruan CEO Named U.S. Chamber’s Vice Chairman
The U.S. Chamber of Commerce elected John Ruan III, chairman and chief executive officer of Ruan Transportation Management Systems, as vice chairman of its board of directors, the group announced June 9.
June 21, 2010DOT Freight Transport Index Improves
The Department of Transportation’s freight transportation services index rose 4.8% in April from a year ago, marking the second consecutive increase.
June 9, 2010Study: States Lack Tools to Justify Transportation Spending
Only 13 states have performance goals and reviews in place to help taxpayers determine if transportation spending promotes such things as safety, mobility, and jobs and commerce, according to a new study being released Wednesday.
May 11, 2010Reese Taylor Jr., Chairman of ICC in 1981 as Deregulation Began, Dies at Age 81
Reese Taylor Jr., who was chairman of the Interstate Commerce Commission when the Motor Carrier Act of 1980 was implemented, died April 16 in Las Vegas. He was 81.
May 3, 2010P.A.M. Lowers First-Quarter Loss
P.A.M. Transportation Services said it lost $315,000 in the first quarter, compared with a $3.3 million loss a year ago.
April 28, 2010Knight Reports Higher 1Q Profit
Truckload carrier Knight Transportation said its first-quarter profit rose 5.1% to $12.3 million, or 15 cents a share, from $11.7 million, or 14 cents, a year ago.
April 21, 2010