YRC Worldwide said it has “even more confidence” it will have positive earnings before interest, taxes, depreciation and amortization beginning in the second quarter.
April 8, 2010Business
Navistar Boosts 2010 Guidance
Navistar International Corp. boosted its earnings guidance for its fiscal year ending Oct. 31, citing higher military orders.
April 8, 2010Business
ABF, Teamsters Begin Wage-Cut Talks, Union Says
The Teamsters union said it was beginning talks Thursday with ABF Freight System on the company’s request for wage reductions.
April 8, 2010BusinessSafety
DOT Sets Stepped-Up Enforcement on Distracted Driving
The Department of Transportation has kicked off a pilot program in New York and Connecticut to test whether concentrated law enforcement can make drivers put down their cell phones.
April 8, 2010Business
Jobless Claims Rise for Week
Initial jobless claims rose by 18,000 last week, in part due to adjustments for the Easter holiday, the Labor Department said Thursday.
April 8, 2010BusinessEquipment
Opinion: Engine Makers’ Rivalry Reaches Heated Level
LOUISVILLE, Ky. — This year’s version of the Mid-America Trucking Show here cast a bright light on the ongoing fractious debate over which engine technology makes the most sense for fleets that operate heavy-duty trucks in North America.
April 8, 2010Business
DOT Rejects Pennsylvania’s Plan to Toll Interstate 80
The U.S. Department of Transportation has denied Pennsylvania’s request to toll Interstate 80 because the state’s application did not meet federal requirements that revenue be used exclusively for a road being tolled.
April 7, 2010BusinessFuel
Oil Slips Following Inventory Report
Oil prices declined early Wednesday following a report that showed supplies improved last week, Bloomberg reported.
April 7, 2010BusinessLogistics
Wabash Gets Order for 4,000 Trailers from Prime Inc.
Wabash National Corp. said it has signed an agreement with refrigerated carrier Prime Inc. to supply Prime with 4,000 trailers over three years.
April 7, 2010BusinessEquipmentAutonomous
Peterbilt Unveils New Class 8, Medium-Duty Models
Peterbilt Motors Co. recently introduced its new Model 587 Class 8 truck, available as a day cab or a twin sleeper, replacing its Model 387.
April 7, 2010