June Truck Tonnage Drops 3.4%
American Trucking Associations’ June for-hire truck tonnage index fell to a seven-month low and was down 3.4% from a year ago, ATA said late Friday.
July 27, 2007SoCal Ports Reach Labor Pact
Union workers at the Southern California ports of Los Angeles and Long Beach reached a tentative agreement with shipping lines and terminal operators, averting the threat of a strike at the biggest U.S. port complex, the Los Angeles Times reported Friday.
July 27, 2007Second-Quarter GDP Tops Forecast
The U.S. economy grew at a 3.4% annual rate in the second quarter, the Commerce Department said Friday.
July 27, 2007Universal Truckload’s Income Dips; Revenue Rises
Universal Truckload Services said late Thursday its second-quarter net income fell 12.6% to $4.7 million or 29 cents a share, from $5.4 million or 33 cents a year ago.
July 27, 2007New Home Sales Plunge 6.6%
New home sales plunged 6.6% in June, the Commerce Department said Thursday.
July 26, 2007Durable Goods Orders Rise 0.5%
Durable goods orders fell 0.5% in June, the Commerce Department said Thursday.
July 26, 2007ArvinMeritor to Close Ontario Plant
Heavy-duty components maker ArvinMeritor said Wednesday it would close a truck parts assembly plant in Ontario, Canada, in November.
July 26, 2007Iowa Lifts HOS Rules for Fuel Haulers
Hill Says FMCSA to Begin Pilot Program of Compliance Review System Next Year
WASHINGTON — John Hill, head of the Federal Motor Carrier Safety Administration, said the agency expects to launch a pilot program of its overhauled compliance review and safety rating process during 2008.
July 25, 2007Fed ‘Beige Book’ Gives Trucking Mixed Report
The Federal Reserve gave a generally positive assessment of the U.S. economy, with mixed reports on the health of the trucking industry.
July 25, 2007