ATA Presses Obama on Long-Term Funding for Roads, Bridges
Trucking industry leaders have called on the Obama administration to unveil a transportation plan that focuses on long-term, user-fee solutions for the Highway Trust Fund, not quick fixes.
April 28, 2014Universal Truckload Services’ Profit Drops 29%
Universal Truckload Services Inc. reported its first-quarter profit fell 29% as its contract-related business declined.
April 28, 2014TNT Express’ 1Q Income Drops
European package carrier TNT Express’ first-quarter net income dropped, the Wall Street Journal reported.
April 28, 2014Tornadoes Shut Interstate 40 in Arkansas
Overnight tornadoes tore through Arkansas, closing a section of Interstate 40 after a twister as wide as half a mile ran across the highway, CNN reported April 28.
April 28, 2014Wabco’s 1Q Net Income Slips; Sales Improve
Europe-based Wabco Holdings Inc. said its first-quarter net income declined from a year ago on a U.S. basis, although its sales and operating income improved.
April 28, 2014Carrier’s Refrigeration Emissions System Receives CARB Verification
Carrier Transicold’s engine emissions-system option for refrigeration units received verification from the California Air Resources Board.
April 28, 2014Pending Sales of Existing Homes Rise Most Since 2011
Pending home sales rose 3.4%, the most since May 2011 and the first gain in nine months, after a 0.5% drop in February that was smaller than initially reported, the National Association of Realtors said April 28.
April 28, 2014Truckers Plan to Picket SoCal Ports
Truck drivers at the Southern California ports are planning a 48-hour work stoppage beginning Monday to protest companies that do not classify them as employees, the Los Angeles Times reported.
April 28, 2014Editorial: Studying HOS
A memo from the American Transportation Research Institute last week questioning the government’s perceived safety benefits of the hours-of-service rule change likely did not surprise many in trucking.
April 28, 2014March Tonnage Rises 3.1%
Truck tonnage rose 3.1% in March from a year earlier despite residual problems with harsh winter weather, American Trucking Associations reported, buoying hopes of a stronger trucking market.
April 28, 2014