President Bush Wednesday called for a halt in the growth of greenhouse gases by 2025, the Associated Press reported.
April 17, 2008BusinessGovernment
Philadelphia Factory Index Declines in April
Manufacturing levels in the Philadelphia region declined this month, the Federal Reserve Bank of Philadelphia said.
April 17, 2008Business
USA Truck Reports $1.9 Million Loss
Truckload carrier USA Truck said Thursday it lost $1.9 million in the first quarter, due to “sluggish freight demand.â€
April 17, 2008Business
Initial Jobless Claims Rise by 17,000 for Week
Initial jobless claims rose by 17,000 last week, the Labor Department said Thursday.
April 17, 2008BusinessGovernmentEquipment
Hino Shifting Medium-Duty Work to W. Va.
Hino Motors Ltd. said it will halt assembly of trucks in California and shift the work to a West Virginia factory to consolidate U.S. production, Bloomberg reported.
April 17, 2008Business
Grocery Chain Supervalu Reports Record Earnings
Grocery chain Supervalu Inc. said Thursday its fiscal fourth-quarter sales and earnings reached records.
April 17, 2008Business
iTECH: Truck Telematics Ripe for Growth, Market Study Says
The market for commercial vehicle telematics in North America may be poised for a second wave of innovation and growth, according to a market study.
April 16, 2008BusinessSafetyGovernment
Lovetro to Become USF Holland’s President, YRC Says
YRC Worldwide unit USF Holland’s president, John O’Sullivan, has left his position and will be succeeded by Keith Lovetro, who leads YRC’s Regional Transportation unit, Bloomberg reported Wednesday.
April 16, 2008FuelBusinessGovernment
Fed ‘Beige Book’ Cites Sluggish Economy
Nine of the Federal Reserve’s 12 districts reported that economic conditions weakened from late February through early April, and the Fed said record high fuel costs were hurting trucking companies who were struggling to pass on the soaring costs to customers.
April 16, 2008BusinessSafetyGovernment
Opinion: Preparing for DOT’s Driver Physical
For most truckers, the U.S. Department of Transportation physical is just an inconvenience, but for some, it can be a major hurdle. Commercial drivers are understandably concerned, because without the Medical Examiner’s Certificate, they would be out of a job.
April 16, 2008