Corporations Review Transport Operations as Pressure Grows to Reduce Expenses
Corporate-owned truck fleets are facing growing pressure to justify their in-house freight operations as manufacturers and retailers target transportation expenses in response to the sharp nationwide downturn in sales.
May 4, 2009Truck Tonnage Falls to ’02 Level
Truck tonnage fell in March to its lowest level in seven years, as it declined 12.2% below the levels recorded one year earlier, according to an April 27 report from American Trucking Associations.
May 4, 2009House Legislation Would Provide Tax Credits to Carriers That Buy Safety Technology
A pair of congressmen introduced legislation late last month to provide tax credits for fleets purchasing four types of safety technology.
May 4, 2009U.S. Working on Border Plan, Despite Swine Flu Concerns
The Obama administration is continuing to work on a plan to restart cross-border trucking between the United States and Mexico, even as the two countries battle the spread of “swine flu.”
May 4, 2009Calif. Demands 10% Carbon Cut in Transportation Fuels by 2020
California environmental regulators have approved a new standard that will require a 10% reduction in the carbon content of transportation fuels by 2020 and encourage a transition to nonpetroleum-based fuels.
May 4, 2009ISM Manufacturing Index Improves
Manufacturing in the U.S. improved last month but still showed overall contraction, the Institute for Supply Management said Friday.
May 1, 2009P.A.M. Reports $3.4 Million First-Quarter Loss
Truckload carrier P.A.M. Transportation Services reported a first-quarter loss of $3.4 million, or 36 cents per share, compared with a loss of $2.8 million, or 29 cents, a year ago.
May 1, 2009Intermodal, Rail Traffic Fall for Week
Intermodal rail traffic fell 17.8% for the week ended Saturday, compared with the same week last year, the Association of American Railroads said.
May 1, 2009NAFTA Trade Falls 30.9% in Record Decline
Surface transportation trade among the United States, Canada and Mexico plunged 30.9% in February from a year earlier, the biggest year-to-year decline on record, the Department of Transportation said Thursday.
April 30, 2009Oil Rises to $51 a Barrel
Oil closed the trading day Wednesday near $51 a barrel on the New York Mercantile Exchange following an Energy Department report that showed gasoline inventories declined last week, Bloomberg reported.
April 29, 2009