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TRUCKING INDUSTRY NEWS * USA
* YRC CEO: U.S. recession odds probably above 50-50
Chicago,Ill,USA -Reuters -Jan 30, 2008: -- The U.S. economy is more than likely headed for a recession due to to high fuel costs, interest rates and the housing crisis, the top executive of North America's largest trucking company said on Wednesday... "The odds are now probably better than 50-50 that we will see a textbook definition recession of two consecutive quarters of negative economic growth," YRC Worldwide Inc Chief Executive Bill Zollars told Reuters in a telephone interview... Zollars added that the company's freight volumes appear to have hit bottom, "but the question is how long we're going to stay there"...
*KCR International Trucks picks up new name
Springfield,Ill,USA -digg.com/trucks9.com, by webmejul -30 Jan 2008: --KCR International Trucks will become Diamond International on Feb. 1 as part of its parent company’s rebranding efforts...
* Kearney trucking company expands with purchase in Colorado
Kearney,Neb,USA -Associated Press/KPTM News -January 30, 2008: -- A Kearney trucking company plans to expand its Colorado service with the purchase of a Denver-area outfit... Brown Transfer Company says it has acquired Eastern Plains Express of Commerce City, Colorado... Terms were not disclosed...
Labels: trucking industry news USA
posted by Unknown @ 4:39 PM
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