FreightWatch recorded 433 cargo theft incidents in the first half of 2011, a 6.8% decline from the same time period in 2010. The average value per recorded incident from January to June of 2011 was… Read More »FreightWatch: Cargo Thefts Declined Slightly in 2011's First Half
Updated: 8/3/2011 10:30:00 AM Factory orders decreased 0.8% in June, the Commerce Department said Wednesday. The decline followed a revised 0.6% gain in May that was smaller than originally reported. The June reading matched economists’… Read More »Factory Orders Decline 0.8% in June
National Truck Driver Appreciation Week will be held September 11-17. Companies are asked to register their events online. In conjunction with NTDAW, companies across the U.S. and Canada will be hosting special events and promotions… Read More »NTDAW Website Provides Event Information to Drivers, Companies Asked to Register
Updated: 7/27/2011 5:00:00 PM Company Cites Concerns on Continued High Fuel Costs Knight Transportation said late Wednesday its second-quarter profit rose from a year ago on stronger truckload markets and improvement in its brokerage business.… Read More »Knight Transportation's 2Q Income Improves
The American Trucking Associations will sponsor a video contest for National Truck Driver Appreciation Week for a third year. The contest aims to celebrate the 3.2 million professional truck drivers delivering life’s essentials across the… Read More »ATA Announces Third Annual National Truck Driver Appreciation Week Video Contest
Updated: 7/29/2011 8:00:00 AM By Tom WolfeDirector of Strategic Fuel Procurement Maxum Petroleum This Opinion piece appears in the July 25 print edition of Transport Topics. Click here to subscribe today. Perhaps your company already… Read More »Opinion: Consider Hedging On-Road Fuel Costs
The Baker Truck Corral on I-84 will provide electric shore power starting August 12. It is the first electrified truckstop parking location to become operational as part of the national Shorepower Truck Electrification Project program… Read More »Truckstop Electrification Program Opens First Location on I-84 in Oregon
Updated: 7/28/2011 8:45:00 AM Initial jobless claims dropped last week by 24,000 to 398,000, the lowest level since April, the Labor Department said Thursday. Economists had called for a rate of 415,000, Bloomberg reported. The… Read More »Initial Jobless Claims Fall 24,000 for Week
“Carriers are looking for partners to ‘tango’ with as volume and rate expectations are very positive.” That’s the comment of Richard Mikes, partner at Transport Capital Partners, about what the group’s most recent Business Expectations… Read More »Carriers Looking at Acquisitions
Updated: 7/28/2011 9:00:00 AM Specialty truck maker Oshkosh Corp. said Thursday its fiscal third-quarter profit dropped from a year ago as sales of military vehicles declined. Net income fell to $68.4 million, or 75 cents… Read More »Oshkosh's 3Q Income Declines
CRST International acquired Specialized Transportation, a provider of customized supply chain solutions for products that require high touch support, special handling and equipment, and value added on-site services. Both companies are privately held. STI, an… Read More »CRST Acquires Specialized Transportation
Updated: 7/28/2011 2:30:00 PM Pacer International on Thursday reported second-quarter earnings that were three times higher than the same quarter a year ago. Pacer earned $4.2 million, or 12 cents a share, up from $1.4… Read More »Pacer Triples Its Second-Quarter Profit