Swift Predicts Lower 1Q Earnings
Swift Transportation Co. said March 29 that its first-quarter earnings will be 5 to 8 cents per share, due to bad weather and high fuel costs at the start of the year.
March 31, 2011Jobless Claims Decrease for Week
Initial jobless claims dropped by 6,000 last week, the Labor Department reported Thursday.
March 31, 2011Volvo to Boost Production at Virginia Truck Plant
Volvo Trucks North America said Wednesday it will bring back 700 workers to boost production at its heavy-duty truck plant in Virginia in order to meet increased demand.
March 30, 2011Oil Price Falls Following Report on Higher Inventories
Oil prices fell to near $104 a barrel Wednesday following a Department of Energy report showed that crude stockpiles jumped almost 3 million barrels last week, Bloomberg reported.
March 30, 2011USA Truck’s Chairman to Retire
Truckload carrier USA Truck said its chairman, Robert Powell, will retire in May and be succeeded by Terry Elliott, who has been a director at the company since 2003.
March 30, 2011ATA Chairman Makes Trucking’s Case for Highway Bill at Congressional Hearing
American Trucking Associations Chairman Barbara Windsor told a congressional panel Tuesday that the trucking industry needs a new surface transportation bill, with a focus on highways, as soon as possible.
March 30, 2011Opinion: Setting Aside? Count Trucking In.
The U.S. transportation industry, which contains many hundreds of small businesses among the sizable firms, has a government champion: the Small Business Administration.
March 30, 2011Mica Optimistic on Long-Term Transport Bill
Rep. John Mica (R-Fla.), chairman of the House Transportation & Infrastructure Committee, told a group of shippers attending a Washington legislative policy forum Tuesday that he plans to get a long-term transportation reauthorization bill on the House floor sometime in May.
March 29, 2011NAFTA Surface Trade Rises 19.5% in January
Surface transportation trade among the United States, Canada and Mexico rose 19.5% in January from a year earlier, the Department of Transportation said Tuesday.
March 29, 2011Diesel Price Resumes Climb, Rising 2.5¢ to $3.932 a Gallon
A week after falling for the first time in four months, diesel resumed its climb toward $4 a gallon, rising 2.5 cents to a national average of $3.932 at the pump, the Department of Energy reported.
March 29, 2011