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TRUCKING INDUSTRY * USA & Canada
* USA - TravelCenters of America LLC Announces Fourth Quarter and Year End 2009 Results
Westlake,OH,USA -BUSINESS WIRE/MarketWatch -Feb 24, 2010: -- TravelCenters of America LLC today announced financial results for the fourth quarter and year ended December 31, 2009... At December 31, 2009, TA's business included 233 sites, 166 of which were operated under the "TravelCenters of America" or "TA" brand names and 67 that were operated under the "Petro" brand name... During the three months and year ended December 31, 2009, the continued difficult economic conditions in the U.S. presented TA with significant operating challenges. TA's results for the fourth quarter of 2009 reflected unfavorable changes in net loss, which increased by $45.9 million... For the year ended December 31, 2009, as compared to the year ended December 31, 2008, the unfavorable changes in net loss of 19.4%, which decreased from 2008's $ 328,581 to 2009's $ 264,790 ...* Missouri - Tanker haulers call foul on Springfield inspection fees. Trucking association says state, federal laws pre-empt ordinance; city attorney disagrees, willing to discuss it
Springfield,MO,USA -News-Leader, by Kary Booher -February 24, 2010: -- Faced with forking over fees and temporarily idling its fleets, members of the Missouri Trucking Association are demanding the city end its annual inspections of tankers carrying flammable or combustible liquids... In a letter dated Feb. 10, the association's president, Tom Crawford, insisted that federal and state laws pre-empt the city's ordinance that requires the inspections... "We already have a lot of folks looking over our shoulders. This is a gotcha system. It's not a preventive system," Crawford added... The city has conducted the inspections since the early 1960s and will charge $44 this year for each tanker... (Photo by Nathan Papes/News-Leader - A fuel tanker unloads at the Break Time gas station at National Avenue and Grand Street. Since the 1960s, the city has required inspections of such vehicles and will charge $44 this year for each tanker)* Canada - Truck Pricing Seen Stabilizing
Mississauga,ON,CAN -The Journal of Commerce Online, by William B. Cassidy -Feb 24, 2010: -- Canadian General Freight Index sees slight monthly cost increase in December... Canadian trucking costs appear to be stabilizing, but at a level nearly 10 percent lower than a year ago, according to an index based on less-than-truckload and truckload rates... Overall freight costs rose 0.2 percent in December from the previous month, said the Canadian General Freight Index published by Nulogx, a transportation management company that processes more than $750 million in freight transactions a year... Base trucking rates, which exclude the impact of fuel surcharges, fell by 0.1 percent in December, the index said. That decrease was outstripped by a 3.7 percent rise in the average fuel surcharge compared with November... Year-over-year, freight costs were down 9.6 percent for Canadian shippers in December. Base rates declined 7.8 percent from a year ago, their steepest drop in 2009. The average fuel surcharge was 13.1 percent lower than in December 2008...
posted by Unknown @ 6:41 AM
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