In a move to clarify enforcement practices, the Federal Motor Carrier Safety Administration is changing the definition of weight in single-unit trucks that are towing a trailer.
Revenue was $11.3 billion, up 3% from $11 billion the same time a year ago, while net income totaled $378 million, up 5% from last year’s $361 million or $1.23 per share compared to $1.13 per share.
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration announced that it has ordered the immediate shut-down of two trucking operations carriers, each for disregarding federal safety regulations and putting their companies’ own drivers and the public at risk.
CSM Companies, and French-Ellison Truck Center, announced that the two companies will merge on March 31. The result will establish the company as one of the largest commercial truck dealership groups in the United States with 19 facilities.
South Carolina-based expedited trucking company Nations Express has opened a new truckload division.
The combined company will be one of the largest third-party logistics service providers in North America.
This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.
The U.S. Federal Reserve on Wednesday announced it would further reduce a stimulus program for the nation’s economy and is leaving interest rates unchanged.
The Bay Area Air Quality Management District announced that it will allocate $5 million dollars to fund more of the truck replacement applications received during the recent Goods Movement Program solicitation. The funds will be used to assist Bay Area truck owners in meeting the state’s approaching air quality mandates.
A truck driver pleaded guilty in federal court on Wednesday for his role in a cargo theft ring that included a theft in West Plains, Mo.
The investment holding company Biglari Holdings has acquired trucking insurance provider First Guard Insurance Co. and its affiliate, 1st Guard Corp.
A distracted truck driver failed to slow down, stuck the car ahead of him and pushed it off the Chesapeake Bay Bridge into the water 27 feet below. That’s the official National Transportation Safety Board conclusion in its analysis of the July 19, 2013, accident. The car’s driver managed to get out of the sinking vehicle and swim to safety with minor injuries.
The U.S. Labor Department reports the Consumer Price index increased 0.1% in February from the month before, the smallest hike since last October, while gaining just 1.1% over the last 12 months.
Wyoming will soon join an elite club of states with speed limits of 80 mph or greater -- but drivers shouldn't hit the accelerator just yet.
Plans to build a new bridge over the Columbia River linking Oregon and Washington along Interstate 5 are dead, and there is no indication when and if they will be revived.
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