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TRUCKING INDUSTRY NEWS * USA
* Truck Tonnage Drops 12.2% in March
Washington,DC,USA -Transport Topics -27 April 2009: -- Truck tonnage decreased 12.2% in March compared with a year ago, falling to the lowest level since March 2002, American Trucking Associations said late Monday... The decline in the group’s for-hire seasonally adjusted truck tonnage index was the second-worst year-over-year decrease of the current cycle... The index fell 4.5% from the previous month, erasing the 4.5% increase it had made in the two months prior... ATA Chief Economist, Bob Costello, said he wasn’t too surprised about the March index. “Many fleets were telling us during March that freight was getting a little better,” he said...* Celadon Reports Fiscal Third-Quarter Loss - Loss Is First in More Than Seven Years
Indianapolis,IN,USA -Transport Topics -27 April 2009: -- Truckload carrier Celadon Group lost $2.1 million, or 10 cents a share, in its fiscal third-quarter, compared with a profit of $100,000, or 1 cent, a year ago... The loss was the carrier’s first in more than seven years, said Chief Executive Officer, Steve Russell...* Universal Truckload Services’ Income Drops
Warren,MI,USA -Transport Topics -27 April 2009: -- Universal Truckload Services said its net income plunged 95.8% to $100,000, or 1 cent per share, from $3.3 million, 21 cents, a year ago... Revenue fell 32.4% to $115 million, the company said in a statement...
Labels: trucking industry nerws USA
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