Most Sterling Dealers Signed Settlement Deals with Daimler Trucks, ATD Board Member Says
Most of the 300 Sterling Trucks dealers in the United States and Canada accepted settlement offers from Daimler Trucks North America after DTNA announced it would shut the brand down, the Sterling board member of the American Truck Dealers said April 9.
April 20, 2009As Vehicle Sales Slump, Competition Heats Up
Common wisdom has long maintained that truck dealers make more money from parts and service than from new vehicle sales. But the economic reality today is challenging even that old maxim.
April 20, 2009Norfolk Southern Wins Ethanol Depot Ruling
A federal judge ruled that Norfolk Southern Corp. can continue operating an ethanol-transfer station in Alexandria, Va., overruling a local ordinance, Bloomberg reported.
April 17, 2009Intermodal, Rail Traffic Decline for Week
Intermodal rail traffic fell 24.6% for the week ended Saturday, compared with the same week last year, the Association of American Railroads said Thursday.
April 17, 2009Landstar’s First-Quarter Income Declines
Truckload carrier Landstar System said its first-quarter net income fell to $13.9 million, or 27 cents a share, from $23.7 million, or 45 cents, a year ago.
April 16, 2009Economy Continues to Contract, Fed Says
The U.S. economy continued to decline from the end of February through the beginning of April, affecting transportation industry services and demand, the Federal Reserve said Wednesday.
April 15, 2009DOT Advising White House on Mexican Trucking Issue
Transportation Secretary Ray LaHood has sent the White House recommendations aimed at ending a trucking dispute with Mexico, expected to be high on the agenda when President Obama visits Mexico later this week, Reuters reported.
April 14, 2009Obama Taps Md. Transportation Chief for DOT Deputy Secretary
President Obama will nominate John Porcari, Maryland Transportation Secretary as deputy secretary of the Department of Transportation, the No. 2 DOT job, the White House said.
April 13, 2009iTECH: Can Technology Lift the LTL Barrier?
Conga lines of idle trucks waiting to clear U.S. customs are daily a fact for trade traffic at America’s major border-crossing points, north and south.
April 13, 2009Opinion: With T&L 2.0, David Can Beat Goliath
Most Transport Topics readers have experienced the current downturn firsthand — dwindling freight demand, fluctuating fuel prices, clean-engine mandates and downward-spiraling leading indicators.
April 13, 2009