Roadrunner Transportation Systems, Cudahy, Wis., has acquired all of the outstanding stock of Morgan Southern Inc. for approximately $20 million in cash. Morgan Southern is a privately held provider of intermodal transportation and related services.… Read More »Roadrunner Buys Morgan Southern
Updated: 2/4/2011 2:00:00 PM The U.S. unemployment rate fell to 9% in January, the lowest in almost two years, from 9.4% in December, the Labor Department said Friday. Payrolls rose by 36,000, less than the… Read More »Unemployment Rate Falls to 9%; Trucking Adds 3,200 Jobs
Preliminary data shows North American Class 8 truck orders in January rose more than 300 percent compared to the same month a year ago.. The number vary slightly according to the two major industry research… Read More »January Truck Orders Stronger Than Expected
Updated: 2/3/2011 10:45:00 AM Arkansas Best Corp. said Thursday its fourth-quarter loss was $3.1 million, or 12 cents a share, compared with a loss of $88.7 million, or $3.54 per share, a year earlier. Revenue… Read More »Arkansas Best's 4Q Loss Narrows
Old Dominion Freight Line reported its fourth-quarter 2010 revenue increased 28.3% to $399 million from $310.9 million for the fourth quarter of 2009, while net income was $22.1 million, up 127.8% from $9.7 million for… Read More »Old Dominion Freight Line Fourth-Quarter Earnings Up 127 Percent
Updated: 2/1/2011 3:30:00 PM U.S. manufacturing activity rose in January at the fastest pace in almost seven years, the Institute for Supply Management said Tuesday. ISM’s monthly factory index rose to a 60.8 reading, from… Read More »ISM Manufacturing Index Has Best Showing Since 2004
Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 15.5 percent higher in November 2010 than in November 2009, reaching $68.1 billion, according to… Read More »November NAFTA Surface Trade Up 15.5 Percent From Previous Year
Updated: 2/1/2011 2:00:00 PM A huge winter storm that is pounding the middle of the country with snow and ice Tuesday has left roads dangerous in many states and its moving toward the Northeast, news… Read More »Winter Storm Pounds Midwest, Heads Toward Northeast
The proposed rule would require electronic onboard recorders for all of the approximately 500,000 carriers now required to maintain driver logbooks. By Oliver B. Patton, Washington Editor The new proposal on electronic onboard reporters vastly… Read More »New Proposal Would Greatly Expand EOBR Use
Updated: 1/31/2011 3:15:00 PM The Federal Motor Carrier Safety Administration proposed a regulation Monday that would require interstate truck and bus companies to install electronic onboard recorders in vehicles to monitor drivers’ hours of service.… Read More »U.S. Proposes EOBRs for All Interstate Trucks
U.S. Department of Transportation Office of Public Affairs 1200 New Jersey Ave., S.E. Washington, DC 20590www.dot.gov/affairs/index.html FMCSA 02-11 Monday, January 31, 2011 Contact: Candice Tolliver Tel: (202) 366-9999 or (202) 366-2309 DOT Issues Proposed Rule… Read More »DOT Issues Proposed Rule Requiring Electronic On-Board Recorders for Interstate Commercial Truck and Bus Companies
In its quarterly report released Friday, J.B. Hunt Transport Services said its fourth-quarter net income rose, as its trucking, intermodal and dedicated contract carriage units all reported improvement. The company announced fourth quarter 2010 net… Read More »J.B. Hunt Reports Impressive Q4 Numbers