International Business News - WERN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A JPMorgan analyst lowered his 2009 estimates across the trucking sector Wednesday, noting growing weakness among companies already battered by a sour economy. http://www.ibtimes.com/articles/20081126/sector-snap-analyst-says-trucking-demand-wilting.htm Wed, 26 Nov 2008 11:45:30 EST Total goods shipped by trucks in the U.S. fell 3 percent last month, a major industry trade group said, marking the fourth consecutive month-over-month decline. http://www.ibtimes.com/articles/20081124/goods-carried-by-us-trucks-declined-last-month.htm Mon, 24 Nov 2008 16:50:55 EST The Federal Motor Carrier Safety Administration on Tuesday maintained a regulation that allows truck drivers to stay on the road for 11 hours in a row, rather than a limit of 10. http://www.ibtimes.com/articles/20081118/government-keeps-11-hour-limit-on-truckers-hours.htm Tue, 18 Nov 2008 16:01:18 EST Werner Enterprises Inc., a truckload transportation and logistics company, said Tuesday its board declared a special dividend of $2.10 payable Dec. 5 to shareholders of record Nov. 21. http://www.ibtimes.com/articles/20081111/werner-enterprises-sets-special-dividend-of-2-10.htm Tue, 11 Nov 2008 21:54:20 EST Shares of trucking companies held earlier gains Wednesday afternoon as the Federal Reserve cut a key interest rate by an expected half a percentage point to 1 percent--its lowest point in more than five years. http://www.ibtimes.com/articles/20081029/truckers-hold-earlier-gains-after-fed-rate-cut.htm Wed, 29 Oct 2008 14:48:42 EDT Trucking analysts at Goldman Sachs on Tuesday said they remain cautious on less-than-truckload companies even though many of them beat third-quarter expectations. http://www.ibtimes.com/articles/20081028/ahead-of-the-bell-goldman-cautious-on-truckers.htm Tue, 28 Oct 2008 09:09:57 EDT Railroads and trucking companies told very different stories in their third-quarter earnings reports, as rails continued fetch higher prices and truckers dealt with weak pricing and slumping demand. http://www.ibtimes.com/articles/20081027/rails-and-trucks-post-widely-different-3q-outcomes.htm Mon, 27 Oct 2008 18:22:14 EDT A JPMorgan analyst on Monday lowered his earnings estimates for a slew of transportation companies, including railroads and truckers, predicting that economic weakness will continue throughout 2009. http://www.ibtimes.com/articles/20081020/ahead-of-the-bell-railroads-truckers-downgraded.htm Mon, 20 Oct 2008 09:24:23 EDT Shares of trucking companies fluctuated Thursday amid a volatile broader market, as two carriers reported third-quarter earnings that beat Wall Street's expectations. http://www.ibtimes.com/articles/20081016/sector-snap-truckers-flip-in-whipsaw-session.htm Thu, 16 Oct 2008 14:42:26 EDT Trucking company Werner Enterprises Inc. said Thursday its third-quarter earnings rose 3 percent, beating Wall Street's expectations, as it offset "lackluster" freight demand with a wider array of services for customers. http://www.ibtimes.com/articles/20081016/werner-enterprises-3q-profit-rises-beats-views.htm Thu, 16 Oct 2008 07:55:28 EDT An analyst reduced earnings estimates for a slew of trucking companies Tuesday, suggesting that the credit crisis has "begun to wreak havoc in already sluggish freight markets." http://www.ibtimes.com/articles/20081014/ahead-of-the-bell-analyst-cuts-trucking-estimates.htm Tue, 14 Oct 2008 09:24:07 EDT Trucking stocks mostly fell Wednesday amid another broader market downturn, as investors' concerns about the failing health of the global economy overshadowed a positive response to a rate cut by the Federal Reserve. http://www.ibtimes.com/articles/20081008/sector-snap-truckers-mostly-lower-with-market.htm Wed, 08 Oct 2008 13:11:34 EDT That bottle of condensed detergent or your lightweight laptop are making the economic downturn even more difficult to bear for the nation's trucking companies, an economist said Monday. http://www.ibtimes.com/articles/20081006/slimmer-packages-mean-slimmer-profits-for-truckers.htm Mon, 06 Oct 2008 19:02:14 EDT A senior Wachovia Corp. analyst said Monday the U.S. economy is in its worst state in nearly three decades, even excluding the yet-unknown effects of the spiraling credit crisis. http://www.ibtimes.com/articles/20081006/economist-economy-is-worst-in-nearly-30-years.htm Mon, 06 Oct 2008 16:46:02 EDT The U.S. truck driver shortage will probably get worse as the U.S. economy starts to recover, the chief economist for the sector's main trade group said Monday. http://www.ibtimes.com/articles/20081006/trucking-labor-crisis-will-worsen-economist-says.htm Mon, 06 Oct 2008 16:11:58 EDT New legislation to boost spending on U.S. roads, highways and bridges is the most important initiative for the trucking industry in the coming year, the chief executive of the sector's main trade association said Monday. http://www.ibtimes.com/articles/20081006/trucking-assn-says-infrastructure-top-priority.htm Mon, 06 Oct 2008 13:29:24 EDT The Labor Department's nonfarm payrolls report for September showed a drop of 16.1 percent from August in the transportation and warehousing segment of the report. http://www.ibtimes.com/articles/20081003/transportation-payrolls-fell-more-than-16-percent.htm Fri, 03 Oct 2008 13:55:46 EDT Some trucking stocks lost part of their gains Friday, while others lost ground, after the House approved the $700 billion bailout package. Most truckload carriers followed the broader market higher earlier, while less-than-truckload carriers fluctuated on continuing uncertainty over near-term demand and weakening pricing. http://www.ibtimes.com/articles/20081003/truckers-gains-moderate-after-house-oks-rescue.htm Fri, 03 Oct 2008 13:53:56 EDT Some of the trucking industry's top officials--as well as executives from the railroads, technology providers and consulting agencies that work with them--will be in New Orleans this weekend for the annual conference hosted by the sector's main trade association. http://www.ibtimes.com/articles/20081003/ahead-of-the-bell-trucking-conference-set-to-open.htm Fri, 03 Oct 2008 06:10:05 EDT Two analysts lowered earnings forecasts for several trucking companies on Thursday, suggesting that trucking volumes will worsen as a key indicator points to a weaker-than-expected manufacturing activity. http://www.ibtimes.com/articles/20081002/ahead-of-the-bell-truckers.htm Thu, 02 Oct 2008 09:13:09 EDT