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Business, Autonomous

USA Truck’s Fourth-Quarter Earnings Plunge on Lower Tonnage

Truckload carrier USA Truck on Thursday reported its fourth-quarter profit plunged to $1.2 million or 11 cents a share, from $4.3 million or 37 cents a year earlier, on lower tonnage and demand.

January 25, 2007
Business, Government, Safety, Autonomous

Critics Call Onboard Recorder Proposal Ineffective

The Transportation Department’s recent proposal to use electronic onboard recorders to monitor driver hours is “weak” and ineffective, safety advocacy groups said last week, while some trucking industry organizations applauded the plan.

Sean McNally | Staff Reporter
January 24, 2007
Business, Autonomous

USA Truck Promotes Jerry Orler to Chief Executive Officer

USA Truck Wednesday announced the promotion of Jerry Orler to chief executive officer.

January 24, 2007
Business, Autonomous

Analysts See Downturn in 4Q Trucking Company Earnings

Analysts expect mostly lackluster fourth-quarter earnings from trucking companies, since the industry's annual peak season never materialized and demand further waned amid a general economic slowdown, the Associated Press reported.

January 23, 2007
Business, Fuel, Autonomous

Volvo AB Unveils Hybrid Powertrain in Prototype Mack Truck

WASHINGTON — Volvo AB and Mack Trucks Inc. last week unveiled a hybrid prototype of a heavy-duty Mack construction truck and company officials said their diesel-electric power supply will cut fuel costs 30% for stop-and-go trucks and buses while running much cleaner.

Frederick Kiel | Staff Reporter
January 22, 2007
Business, Government, Fuel, Autonomous

Calif. Aims to Cut Emissions, Improve Four Freight Corridors

Trucks operating in California would be required to meet tighter emission standards under a plan proposed by Gov. Arnold Schwarzenegger (R) to spend $3.1 billion in bond money to improve four key freight corridors.

Andrea Fischer | Staff Reporter
January 22, 2007
Business, Government, Safety, Technology, Equipment, Autonomous

ACE to Be Required at Entry Points in California, Texas, N. Mex.

The U.S. Customs and Border Protection agency said Friday that truck carriers entering the United States at all land border ports of entry in California, Texas and New Mexico will be required to present advance electronic cargo information through the Automated Commercial Environment truck manifest system.

January 19, 2007
Business, Logistics, Autonomous

Penske Logistics to Close Ohio Terminal in March

Penske Logistics plans to close a trucking terminal in Richfield, Ohio, and lay off 92 employees by the end of March, the Cleveland Plain Dealer reported Friday.

January 19, 2007
Business, Safety, Government, Autonomous to Close Monday for MLK Holiday will be closed Monday for the Martin Luther King Jr. Day holiday. Please check back on Tuesday, Jan. 22, for the latest trucking and freight transportation news.

January 18, 2007
Business, Government, Autonomous

Fed ‘Beige Book’ Report Reports Weaker Trucking Demand

The Federal Reserve said Wednesday that its 12 district banks reported a moderate pace of growth and inflation late last year as labor markets tightened, and several regional banks reported softer trucking demand.

January 18, 2007