Jevic Closes Its Doors After 27 Years in Business
Jevic Transportation, the heavyweight less-than-truckload carrier and vendor to the chemical industry whose rapid growth at an early age once impressed investors, closed its doors and filed for bankruptcy last week after 27 years in business.
May 26, 2008Daily Briefings from Transport Topics
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April Truck Tonnage Jumps 2%
April truck tonnage jumped 2% from a year ago, marking the sixth consecutive increase, American Trucking Associations said.
May 23, 2008N.J. Motor Truck Assn. Puts Up Link to Help Displaced Jevic Drivers
The New Jersey Motor Truck Association has put a large banner link on its Web site to help the approximately 1,000 truck drivers who were let go from Jevic Transportation this week find work.
May 23, 2008UAW Approves American Axle Contract
Auto parts supplier American Axle and Manufacturing Holdings said Friday it expects production to resume next week after union workers overwhelmingly approved a new contract that contains steep pay cuts and other concessions, the Associated Press reported.
May 23, 2008Memorial Day Weekend Travel to Drop, AAA Says
The number of Americans traveling by automobile more than 50 miles will fall by 1% Memorial Day weekend, the first such drop in six years, the motorist group AAA said.
May 22, 2008Intermodal Traffic Falls 1.1%
Rail intermodal traffic fell 1.1% for the week ended Saturday compared with the same week last year, the Association of American Railroads said.
May 22, 2008TTNews.com to Close for Memorial Day
Transport Topics Online will be closed Monday, May 25, for Memorial Day. Please check back on Tuesday, May 26, for the latest trucking and freight transportation news.
May 22, 2008Ford Plans North American Production Cuts
Ford Motor Co. said Thursday it will cut North American vehicle production for the rest of this year and that it expects to break even next year, delaying a previous profit target, Bloomberg reported.
May 22, 2008ATA Urges Congressional Action on Drug, Alcohol Testing
American Trucking Associations Wednesday called on Congress to help the trucking industry to improve highway safety by supporting efforts to enhance drug and alcohol testing for the nation’s 3.4 million truck drivers.
May 21, 2008UPS Moving Asia Air Hub to China
UPS Inc. said Wednesday it is moving its primary intra-Asia air hub to southern China, from the Philippines, to save money and reduce transit times across Asia.
May 21, 2008