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Fleet Owner: Trucking stabilizing?

Trucking may be stabilizing (Fleet Owner)

"Fuel costs are still high and freight volumes remain sluggish, yet many carriers report that the market for their services is stabilizing – both in terms of capacity and, more importantly, rates.

'Targeted growth initiatives, implemented late last year at our LTL unit, continued to produce market share gains,” noted Douglas Stotlar, president & CEO of Con-way Inc., in the company’s second quarter earnings statement. “We also began to see indications of a more stable pricing environment in the quarter.'"

Other trucking industry headlines for Thursday, July 24, 2008:

Fleet Owner
Postal Service looks for greener fleet
3,000 rally at Port of Oakland for cleaner trucks
Interactive Capacity Gateway launches new website
Hunter Engineering brake tester meets FMCSA regulations

Refrigerated Transporter
Minyard to sell 37 stores,Carnival brand to group
Calculator shows savings offered by plastic pallets

Blogs

Electric déjà vu (Trucks At Work)

"When I heard about the new deal between the Electric Power Research Institute (EPRI), General Motors and 34 big utility companies across the country to create a “refueling network” for plug-in hybrid electric vehicles (PHEVs), I couldn’t help but shake my head. Back in the early 1990s, I watch a very similar strategy get launched with a lot of fanfare and hoopla, only to die a slow and largely quiet death, with little care from an American public now so desperate to find an alternative to petroleum-powered cars and trucks."

Other stories

Indiana trucking company files for bankruptcy (Land Line Magazine)
Say what you will about Hoosier Tradewinds, but the trucking company didn’t leave home without its plastic.

House bill passes to restore $8 billion to the Highway Trust Fund (CCJ)

A bill to help prevent a shortfall in transportation funding won overwhelming approval Wednesday, July 23, in the House of Representatives. The final vote total was 387-37.

Layoffs continue at Wisconsin trailer manufacturers (The Capital Times)

Stoughton Trailers, LLC, of Stoughton, notified the Wisconsin Department of Workforce Development that the semi-trailer manufacturer would be closing its Brodhead facility and laying off the approximately 184 employees at the facility, 302 23rd St.

posted by benmcclanahan @ 2:00 PM,

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