U.S. Sen. Susan Collins has persuaded her Appropriations Committee colleagues to include a provision in the government’s pending funding plan that would continue to allow trucks weighing over 80,000 pounds continue running on interstate highways in Maine and Vermont.
December 14, 2010Search
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Shippers Cite Concerns on FMC Investigation of Ocean Carriers
A shipper group has expressed “profound disappointment” over a so-called fact-finding investigation by the Federal Maritime Commission into numerous U.S. importer and exporter complaints about “perceived malpractices” by ocean carriers that resulted in supply-chain service disruptions and rate and surcharge increases in late 2009 and 2010.
December 13, 2010Fed Holds Interest Rate at Record Low
The Federal Reserve voted Tuesday to keep a key U.S. interest rate at a record low rate of zero to 0.25%, though it cited concerns over continued high unemployment.
December 14, 2010Con-way Expanding San Antonio LTL Terminal
Con-way Freight said Monday it is investing $10 million to expand its San Antonio service center into a new, 105-door, 41,500 square foot facility.
December 13, 2010Opinion: Alternative Risk Transfer Options
Ensuring the safe delivery of every load should be a top priority in the trucking industry. Yet, even with the most sophisticated technologies and best risk-management techniques, bad things can happen to good people — or good carriers.
December 13, 2010iTECH: No Middle Ground on Net Neutrality
Google’s recent move to forsake Net Neutrality — the premise that all content on the Web should be distributed evenhandedly — threatens to have serious consequences for trucking companies’ websites, especially if other Internet titans follow suit.
December 13, 2010Oil Trading Near $90 a Barrel on High Demand
Oil traded near a two-year high close to $90 early Monday as a report showed continued high demand in China, Bloomberg reported.
December 13, 2010UPS to Require Identification for All Packages
UPS Inc. will require customers shipping packages to show government-issued photo identification in an effort to intensify security after explosives were found on October cargo flights, Bloomberg reported.
December 13, 2010Diesel Rises 3.4¢ to $3.231 in Latest Two-Year High
Diesel rose to its latest two-year high — the third time it has done so in the past month — rising 3.4 cents to $3.231 a gallon, the Department of Energy said.
December 14, 2010Big Snowstorm Moving East
A huge Midwest snowstorm worked its way east Monday, stranding more than 70 motorists in Indiana in freezing temperatures, the Associated Press reported.
December 13, 2010