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More Fleets Report Positive 1Q Financials

More Fleets Report Positive 1Q Financials

(UPDATED) Most carriers are reporting positive first quarter financial results, and some are setting records with their numbers. P.A.M, UPS, Old Dominion, Ryder, Celadon, Knight, Landstar and Universal Truckload all reported increased revenues for the first quarter of 2012.

FMCSA Cracks Down on Reincarnated Carriers

A new rule from the Federal Motor Carrier Safety Administration makes it tougher for carriers that have been sanctioned to reincarnate themselves under a new identity. The agency last week posted a final rule that changes its procedures in several areas affecting truck lines, intermodal equipment providers, brokers, freight forwards and hazmat proceedings

Costco "Hot Fuel" Settlement Approved

In an approved settlement for a lawsuit over hot fuel, Costco Wholesale Corp. has agreed to convert gasoline pumps in some states during the next five years to automatically compensate for expansion in fuel due to changing temperatures, reports the Kansas City Business Journal

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