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Lack of word on boat for Yarmouth-to-Portland run causing anxiety for truckers

2016-01-21 18:35:28| Trucking - Topix.net

The trucking industry says it needs to know that a ferry saiing between Yarmouth and Portland in 2016 and beyond will be able to accommodate them. D'Entremont is calling on the Liberal government to tell Nova Scotians exactly what type of boat is being considered for the Nova Scotia-to-Maine run and if it will be able to accommodate tractor trailers and trucks.

Tags: run word lack boat

 

Truckers suffer wave of downgrades at RBC, Stephens

2016-01-08 03:26:34| Trucking - Topix.net

RBC Capital and Stephens both came out bearish on the transportation and trucking sector, with RBC analyst John Barnes calling his outlook the most difficult report he had written since the Great Recession, citing confusing signals on the economy and earnings growth that likely will be "uninspiring." Barnes downgraded Old Dominion Freight Line , Swift Transportation Company , Ryder Systems and Rush Enterprises to Sector Perform from Outperform, and Heartland Express to Underperform from Sector Perform.

Tags: wave suffer stephens rbc

 
 

Truckers hope safety upgrades reflect on premiums

2016-01-04 07:29:20| Trucking - Topix.net

Using electronic logging devices to record drivers' time on the road also will allow the trucking industry to track fleet performance. Some industry members see this improving safety and savings, but others are not so sure."

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Truckers tumble after Knight cuts guidance, suffers downgrade

2015-12-19 02:28:53| Trucking - Topix.net

Trucking stocks tumbled today after Knight Transportation cut its Q4 earnings guidance , citing excess capacity, a reduction in non-contract opportunities and an increase in driver pay - problems evident throughout the industry. Citi downgraded KNX to Neutral from Buy with a $25 price target today, and sees the risk of additional freight slowing as a possibility; although KNX's Q4 freight activity is similar to 2014 levels, slack capacity and less urgency from shippers is pulling volume out of lucrative seasonal trades, Citi says.

Tags: guidance cuts knight suffers

 

Truckers Get Two-Year Deadline for Electronic Logging Devices

2015-12-11 02:38:53| Trucking - Topix.net

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Tags: electronic devices deadline logging

 

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