The Teamsters union said Wednesday its national negotiating committee reached a tentative agreement on an agreement with package carrier DHL.
February 27, 2008Business, Logistics, Government
Teamsters, DHL Reach Tentative Pact
Business, Logistics
Contrans’ 4Q Profit Dips Slightly
Canadian firm Contrans Income Fund said Wednesday its fourth-quarter income was C$7.5 million, or 31 cents per unit, compared with C$7.8 million, or 31 cents, a year ago.
February 27, 2008Business, Safety, Government
January Truck Tonnage Jumps 5.3%
January truck tonnage jumped 5.3% from a year ago, the biggest year-to-year gain since January 2005, American Trucking Associations said in its seasonally adjusted for-hire truck tonnage index.
February 27, 2008Government, Business, Safety, Fuel
Letters to the Editor: Hours of Service, Hard Questions, Fuel Discounts
After spending more than 32 years in this industry, nothing really surprises me anymore. However, with regards to all the political groups who seem to know more about our industry than we do, their members are probably the first to complain when the new stove, washer-dryer, etc., isn’t delivered on time.
February 27, 2008Fuel, Government, Business
Oil Soars Past $102; Fuel Prices Seen Straining Economy
Crude oil rose to more than $102 barrel in early trading Wednesday, the first time it has topped that level, Bloomberg reported.
February 27, 2008Business, Safety, Government
Fleets Urge FMCSA to Keep 11th Hour, 34-Hour Restart
Several large trucking fleets have urged the Federal Motor Carrier Safety Administration to retain the 11th hour of driving and the 34-hour restart in its hours-of-service regulations, saying those provisions have improved highway safety and given drivers the flexibility to adjust to unexpected delays.
February 27, 2008Business, Government
Durable Goods Orders Fall 5.3%
Durable goods orders fell 5.3% in January, the Commerce Department said Wednesday.
February 27, 2008Business
European Truck Sales Surge 23% in January
European heavy-duty truck sales surged 23% in January, led by sales in France and the United Kingdom, as transport firms expanded their fleets and replaced aging vehicles, Bloomberg reported Tuesday.
February 26, 2008Government, Business
Consumer Confidence Falls in February
Consumer confidence declined in February, the New York-based Conference Board said Tuesday.
February 26, 2008Business
Oil Closes at Record $100.88 a Barrel
Oil closed at a record $100.88 a barrel Tuesday, topping last week’s first close of more than $100, Bloomberg reported.
February 26, 2008