FedEx 4Q Earnings Above Expectations
FedEx Corp. (NYSE: FDX) reported earnings of $2.46 per diluted share for the fourth quarter ended May 31. Last year's fourth quarter earnings were $2.13 per diluted share, excluding a $0.98 per diluted share...
Dow Jones Transportation Average Soaring
Dow Transportation Average Strong In Early September
The Dow Jones Transportation Sector continues to outperform the market and has done so for the past 12 months. Since the transportation market dipped in early February, it...
LTL Shipping: The 5 Core Benefits
If you find yourself with a package that is too large for the regular post but not big enough to fill up an entire truck, you might wonder what you can do. Less than...
CSA Lawsuit Dismissed
The Alliance for Safe, Efficient and Competitive Truck Transportation said June 17 its lawsuit against FMCSA and its Compliance, Safety, Accountability program had been dismissed. After 2 years, CSA is officially cleared.
The suit, brought...
OOIDA Announces New Director Of Regulatory Affairs
The Owner-Operator Independent Drivers Association has announced that longtime trucker and owner-operator Scott Grenerth has joined OOIDA as Director of Regulatory Affairs.
Photo by: Nikohle Ellis
Scott Grenerth
Grenerth spent 13 years as a trucker based out...
Pilot Flying J To Pay $92 Million More For Rebate Scheme
Iconic truck stop company Pilot Flying J has entered an agreement with the U.S. Justice Department to resolve the criminal investigation into the company’s fraudulent rebate scheme, agreeing to pay a $92 million fine...
Top Transportation Democrat Nick Rahall Defeated In West Virginia
Nick Rahall Unseated Before Serving 20th Term
Top Transportation Democrat Nick Rahall was yet another Obama supporter that fail victim in Tuesday's election. The widely known incumbent from the 3rd Congressional District in West Virginia...
Diesel Prices Continue To Drop, Average Likely To Continue Falling
Diesel Prices Fall To Lowest Average In Nearly 4 Years
The national average price for a gallon of on-highway diesel fell 3.3 cents in the week ended Nov. 24 to $3.628, according to the Department...
Fuel Tax Hike For Highway Funding Getting Attention
A plan to keep federal highway funding solvent through December no longer includes a hike in the Heavy Vehicle Use Tax hike, but has been amended to increase the fuel tax.
The Senate Finance Committee...
Truck Driver Shortage Could Stress Industry
30,000 Truck Drivers Needed
A shortage of truck drivers, ripple effects from an extraordinarily harsh winter, new federal trucking regulations, more items needing to be transported and higher fuel costs are why some companies are...
