Business
Business, Safety, Government, Logistics

TransForce to Acquire Thibodeau Group

Canadian transportation firm TransForce Income Fund said it will acquire Thibodeau Group of Companies, a less-than-truckload and truckload carrier based in Quebec.

Transport Topics
November 26, 2007
Government, Business, Safety

DHL Express to Build Shanghai Cargo Hub

DHL Worldwide Express, part of Germany’s Deutsche Post AG, said it will build a $175 million cargo hub in Shanghai to help the parcel courier accommodate growing trade in Northern Asia, Bloomberg News reported Monday.

Transport Topics
November 26, 2007
Government, Business, Technology, Autonomous

Podcast Debut: ‘RoadSigns’ Tackles Autonomous

RoadSigns podcast

Welcome to the inaugural episode of Transport Topics' new podcast: RoadSigns. Our debut episode focuses on how the trucking industry’s steady and ongoing development of autonomous technology may someday affect truck drivers. Click to listen!

Transport Topics
June 11, 2018
Business, Safety, Government

Swift CFO Resigns

Ramey Peru, chief financial officer of truckload carrier Swift Transportation, will resign from his position effective Dec. 31, the carrier said.

Transport Topics
November 26, 2007
Business

Truckload Profits Decline in 3Q As Freight Levels Continue Slide

The continuing drought in freight withered third-quarter earnings results for truckload carriers, with all 13 of the companies that reported through Nov. 20 showing lower levels of profitability than a year ago.

November 26, 2007
Business, Fuel

Bankruptcies Rise as Operating Expenses Grow

Trucking bankruptcies rose 11.5% in October from the previous month as carriers struggled with weak freight demand and sharply rising costs for fuel and other operating expenses, according to data from investment bank Credit Suisse in New York.

November 26, 2007
Government, Business, Safety

Neighbors Oppose Truck Parking Expansions

Mark Zaluski was one of the lucky ones. At 3:10 p.m. on Oct. 25, his rig occupied one of only 16 truck parking spaces on the north side of a travel plaza off Interstate 94 about 40 miles north of Chicago.

November 26, 2007
Fuel, Business, Government

Diesel Dips 1.5¢ to $3.41 a Gallon

The average price of retail diesel fell 1.5 cents last week to $3.41 a gallon, ending a string of five straight increases that had pushed the fuel to record levels, the Department of Energy reported.

November 26, 2007
Government, Business

Leading Indicators Decline in October

The index of leading economic indicators fell in October, the New York-based Conference Board said Wednesday.

Transport Topics
November 21, 2007
Business

Initial Jobless Claims Rise for Week

Initial jobless claims fell by 11,000 last week to 330,000, the Labor Department said Wednesday.

Transport Topics
November 21, 2007
Business, Safety, Technology, Government, Equipment

Allied Systems to Buy PTS

Performance Transportation Services, a Wayne, Mich., auto transporter, said it, along with certain subsidiaries, will file for chapter 11 bankruptcy as part of a $67 million deal to sell nearly all of its assets to Allied Systems Holdings.

Transport Topics
November 21, 2007

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