Business
Business, Fuel, Government, Safety

Forward Air’s Third-Quarter Profit Declines

Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.

Transport Topics
October 23, 2007
Business, Government, Logistics

Hub Group Reports Higher 3Q Profit

Third-party logistics company and freight broker Hub Group’s third-quarter profit rose 23%, despite a drop in revenue and intermodal volume.

Transport Topics
October 23, 2007
Government, Business, Safety

HOS, Driver Shortage Top Trucking’s Concerns

Larry Smith/Trans Pixs

Hours-of-service rules and a shortage of truck drivers top the list in a new survey of more than 5,000 trucking industry executives, the American Transportation Research Institute said Monday.

Transport Topics
October 22, 2007
Business

FedEx Adding Hybrids in Europe

FedEx Express said Monday it will introduce 10 hybrid electric-diesel vehicles to its European fleet.

Transport Topics
October 22, 2007
Business, Technology, Equipment, Safety, Logistics

General Freight to Use TMWSuite

Third-party logistics firm General Freight Systems said it will begin using the TMWSuite software platform as part of a companywide technology upgrade.

Transport Topics
October 22, 2007
Government, Business, Safety

Editorial: The Best Defense

Rather than trying to hold back the tide, American Trucking Associations’ leaders have decided the industry should get ready to funnel, in beneficial ways, the political groundswell that is rising behind the popular surge of interest in global warming.

October 22, 2007
Government, Business, Safety

E-Manifests Required in Maine, Minnesota

Truckers are now required to electronically submit manifests detailing cargo and carrier information to U.S. Customs and Border Protection prior to arrival at Maine and Minnesota land border ports of entry, the agency said.

Transport Topics
October 22, 2007
Government, Business, Safety, Fuel

Kuehne & Nagel Profit Rises 34%

Kuehne & Nagel International AG, the world’s largest ocean freight forwarder, said Monday its third-quarter profit rose 34%, helped by increased air and ocean shipments, Bloomberg reported.

Transport Topics
October 22, 2007
Government, Business, Safety

Trucking Leaders Gather to Discuss Global Economy, Regulations

Against the backdrop of political and regulatory uncertainty, American Trucking Associations members will come together this week to talk primarily about the business of trucking, the state of the industry, the health of the economy and new opportunities for carriers here and abroad.

October 21, 2007
Business, Equipment

Truck Sales Plunge 58.8% in September

Heavy-duty U.S. retail truck sales continued this year’s collapse in September, falling 58.8% as Class 8 volume totaled less than half year-earlier sales for the fifth month in a row, according to the latest survey from Ward’s Communications.

October 21, 2007

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