Oil rose above $74 Tuesday for the first time in two months, as the dollar declined against world currencies, Bloomberg reported.
October 13, 2009Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
YRC, Lenders Agree to Extension on Covenant
YRC Worldwide said it has finalized an agreement with its lenders to suspend payments to its covenant until Oct. 30.
October 13, 2009Ontario Truckers to Be Exempt for 3 Years from Ban on Handheld Radio Devices
Truckers in Ontario got a three-year exemption from the Canadian province’s broad new ban on using handheld devices for their use of citizens band or two-way radios.
October 13, 2009Gas Falls 4.5¢ in Two Weeks to $2.47, Lundberg Says
Gasoline’s national average price continued its downward trend, falling 4.5 cents in the past two weeks to $2.47 a gallon, according to latest Lundberg Survey of fuel prices.
October 13, 2009Economy, Government Rules Lead ATRI Survey of Truckers’ Concerns
LAS VEGAS — The economy and government regulations top the list of the trucking industry’s concerns, according to the latest survey from the American Transportation Research Institute.
October 12, 2009Ports’ Clean Trucks Goals Will Be Met by 2010, Los Angeles and Long Beach Officials Say
Officials with the ports of Los Angeles and Long Beach said they expect to reach their clean trucks goal of reducing port diesel emissions 80% by the end of 2010 — a year or more ahead of schedule.
October 12, 2009Letters to the Editor: Distracted Driving, Cap & Trade Redux
Cell-phone use, particularly texting while driving any vehicle, is as dangerous an act as is driving while impaired and makes no sense at all — especially while driving a commercial motor vehicle.
October 12, 2009The Tough Keep Going
“That which does not kill you makes you stronger.” That would have been an appropriate theme for the 2009 American Trucking Associations’ Management Conference & Exhibition.
October 12, 2009Job Losses in Trucking Slow During September
The U.S. economy lost 263,000 jobs in September, bringing the overall unemployment rate to 9.8%, the highest level since 1983, but the number of job cuts in trucking was less than 5,000 for the third month in a row, the Labor Department said.
October 12, 2009Fleet Execs See Green in Going Green
LAS VEGAS — Fleet executives said that while going green does provide societal and environmental benefits, the biggest benefit to carriers is that is saves money in fuel and other costs.
October 12, 2009Trending
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