Rail and intermodal traffic continued declined for the week ended Saturday from a year ago, the Association of American Railroads said Thursday.
October 11, 2007GovernmentBusinessSafety
Chrysler, UAW Settle After Brief Strike
Chrysler LLC and the United Auto Workers union ended a brief strike after agreeing on a contract similar to one signed recently between the UAW and General Motors Corp., Bloomberg reported.
October 11, 2007BusinessFuelGovernmentSafety
Forward Air Says 3Q Income to Decline
Forward Air Corp., a contractor to the air cargo industry, said late Wednesday it expects to earn 35 cents 37 cents for the third quarter, down from a year ago.
October 11, 2007BusinessSafetyGovernment
TTNews.com to Close for Columbus Day
TTNews.com will be closed Monday for the Columbus Day holiday. Please check back on Tuesday, Oct. 14, for the latest trucking and freight transportation news.
October 10, 2007BusinessSafetyGovernment
DOT Transport Index Flat in August
The Department of Transportation’s freight transportation services index for August was flat compared with a year ago, DOT said Wednesday.
October 10, 2007BusinessFuelGovernmentSafety
BAX Sets Mexico Flights
BAX Global said it is expanding its overnight distribution capabilities between the United States, Mexico and Canada by adding an additional air cargo flight into Mexico, starting next Monday.
October 10, 2007GovernmentBusinessSafety
DOT Delays New Regulations; Onboard Recorder Rule Stalls
Several new regulations expected from the U.S. Department of Transportation will be delayed and others, including a long-awaited regulation encouraging the use of electronic onboard recorders, could fall even further behind schedule because of a recent court ruling scrapping part of the Federal Motor Carrier Safety Administration’s driver-hours rule, DOT said.
October 10, 2007BusinessGovernmentLogisticsTechnologyEquipmentSafety
Ryder Completes Canadian Acquisition
Ryder System said Wednesday it completed its acquisition Pollock NationaLease, one of the largest privately owned commercial truck leasing and rental companies in Canada, as well as Pollock's logistics operations.
October 10, 2007BusinessGovernmentSafety
Editorial: Fixing the HOS Situation
The Federal Motor Carrier Safety Administration has been given until Dec. 27 to cure the defects a federal appeals court found in its latest driver hours-of-service regulations. We all need to hope that FMCSA officials are successful in that effort.
October 10, 2007BusinessTechnologyEquipmentSafety
Ryder Lowers Third-Quarter Outlook
Ryder System lowered its third-quarter and full-year earnings forecast Monday and said it would cut 300 jobs due to softness in the housing, construction and auto industries, the Associated Press reported.
October 9, 2007