UPS Inc. and the Teamsters union said they have temporarily suspended contract talks, citing differences on pensions and benefits.
July 18, 2007BusinessSafetyGovernment
Knight’s Second-Quarter Earnings Improve
Truckload carrier Knight Transportation’s second-quarter profit rose to $18.2 million or 21 cents a share, from $18.1 million or 21 cents a year ago.
July 19, 2007BusinessSafetyGovernmentTechnologyEquipment
Pennsylvania Gov. Rendell Signs Transportation Measure
Pennsylvania Gov. Ed. Rendell (D) signed a bill into law Wednesday to put nearly $1 billion on average in annual funding for the state’s roads, bridges and public transit systems.
July 18, 2007BusinessGovernment
June Consumer Price Index Rises 0.2%
The consumer price index rose 0.2% in June, the smallest gain in five months, the Labor Department said Wednesday.
July 18, 2007BusinessGovernment
Housing Starts Climb 2.3%
Housing starts rose 2.3% last month, the Commerce Department said Wednesday.
July 18, 2007BusinessLogisticsGovernment
Railroads, Unions Reach Tentative Pact
Major U.S. freight railroads reached tentative agreements Tuesday with five rail labor unions representing about 30,000 unionized employees, the National Carriers' Conference Committee said.
July 18, 2007BusinessFuelSafetyLogisticsGovernmentTechnologyEquipment
Trucking Groups Back Tax Breaks for Onboard Power Units
American Trucking Associations and the Canadian Trucking Alliance Tuesday urged state and provincial governments to revise their fuel tax systems to encourage truckers to use truck idling reduction technology.
July 17, 2007BusinessEquipmentSafetyGovernment
State Lawmakers Block N.Y.C. Congestion-Fee Plan
New York state lawmakers Monday put the brakes on New York City’s plan to charge congestion fees on cars and trucks in the city’s business district, the New York Times reported Tuesday.
July 17, 2007Government
Producer Price Index Dips in June
Prices paid to U.S. producers fell for the first time in five months in June, the Labor Department said Tuesday.
July 17, 2007BusinessTechnologySafetyGovernmentEquipmentLogistics
CSX to Open Shipment Info to States for Security Reasons
Eastern freight railroad CSX Corp. will open its computer system to counterterrorism agencies in three states to help track hazardous cargo, Bloomberg reported.
July 17, 2007