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Freight Services Dived in August |
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October 8, 2008
Freight transportation services took a nose dive in August after four consecutive monthly increases, according to a government report.
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Truckload Rates Show Slight Increase As Failures Cut |
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September 19, 2008
Truckload rates should continue to inch upward in the coming months after record diesel prices and weak
demand squeezed weaker carriers out of the market and brought an end to substantial overcapacity
during the second quarter, industry analysts said. |
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LTL Business Called ‘Soft’; Operating Ratios Worsen |
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September 19, 2008
Less-than-truckload pricing rose during the second quarter, but mainly from fuel surcharge recovery
rather than from trucking companies being able to boost basic freight rates. |
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FedEx’s 1Q Profit Slips 22%; Express to Boost Rate 4.9% |
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September 18, 2008
FedEx Corp. said Thursday its fiscal first-quarter profit slipped 22% from a year ago on higher fuel costs and declining demand for express shipments, and said its express unit will boost rates by a net 4.9% next year. |
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C.W. Johnson Xpress Shuts Down |
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Friday, August 22, 2008
C.W. Johnson Xpress shut down operations on Friday, weighed down by $8.3 million in debt, higher fuel prices and a lack of support for its innovative driver training program.
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