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Business, Government, Logistics

U.S. Still Wants Trucking Deal, Obama Tells Mexico’s President

President Obama last week assured Mexican President Felipe Calderon that the United States remains committed to reaching a cross-border trucking agreement with its southern neighbor.

August 17, 2009
Business, Logistics

Contrans’ Second-Quarter Income Falls

Canadian firm Contrans Income Fund said that its second-quarter profit was C$6.2 million, or 20 cents per unit, down from C$10.2 million, or 35 cents, a year ago.

August 12, 2009
Business, Safety, Government, Logistics

Opinion: The Customer Service, Dispatch Dilemma

As the recession deepens, there is growing awareness in the transportation industry of the role dispatchers play in keeping third-party logistics firms and freight brokerages competitive, particularly in the areas where dispatch and customer service collide.

August 11, 2009
Business, Logistics

TT 100 For-Hire and Private Listings Available Online

The 2009 Transport Topics 100 for-hire and private listings are available online. The listings, available to download free, show the top 100 U.S. and Canadian carriers in each category.

August 11, 2009
Business, Logistics

Wabash Reduces 2Q Loss, Gets $35 Mln. in New Capital

Trailer maker Wabash National Corp. lost $17.9 million during the second quarter — an improvement of more than $10 million from the year’s first three months, when it lost $28.3 million — and announced the completion of a deal with a private equity firm that will give it $35 million in new capital.

August 10, 2009
Business, Safety, Government, Logistics

Pacer Reports Second-Quarter Loss

Dan De Los Monteros for TT

Transportation and third-party logistics firm Pacer International said it lost $7.3 million, or 21 cents per share, compared with a profit of $13.4 million, or 39 cents, a year earlier.

August 6, 2009
Business, Logistics

Wabash’s Second-Quarter Loss Widens

Trailer manufacturer Wabash National Corp. lost $17.9 million, or 59 cents a share, in the second quarter, compared with a loss of $3.2 million, or 11 cents, a year ago.

August 6, 2009
Business, Logistics

Wabash Completes $35 Million Capital Infusion

Trailer maker Wabash National Corp. said it has completed a $35 million investment in the company by a private equity firm.

August 4, 2009
Business, Logistics

Expeditors’ Second-Quarter Income Declines

Logistics firm Expeditors International of Washington said Tuesday its second-quarter net income fell 24% to $54.1 million, or 25 cents a share, from $71.3 million, or 32 cents, a year ago.

August 4, 2009
Business, Government, Safety, Fuel, Equipment, Logistics, Technology

Rule Won’t Require Overhaul of Braking Systems, Experts Say

The National Highway Traffic Safety Administration’s decision to cut the maximum allowed stopping distance for large trucks by 30% will increase truck buyers’ costs somewhat, but will not force a widespread shift to new technology such as air disc brakes, industry groups and manufacturers said.

August 3, 2009

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