UPS employees represented by the International Brotherhood of Teamsters have voted to approve a new five year labor contract, the parcel carrier said.
November 21, 2007Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Neighbors Oppose Truck Parking Expansions
Mark Zaluski was one of the lucky ones. At 3:10 p.m. on Oct. 25, his rig occupied one of only 16 truck parking spaces on the north side of a travel plaza off Interstate 94 about 40 miles north of Chicago.
November 26, 2007Bankruptcies Rise as Operating Expenses Grow
Trucking bankruptcies rose 11.5% in October from the previous month as carriers struggled with weak freight demand and sharply rising costs for fuel and other operating expenses, according to data from investment bank Credit Suisse in New York.
November 26, 2007Truckload Profits Decline in 3Q As Freight Levels Continue Slide
The continuing drought in freight withered third-quarter earnings results for truckload carriers, with all 13 of the companies that reported through Nov. 20 showing lower levels of profitability than a year ago.
November 26, 2007Diesel Dips 1.5¢ to $3.41 a Gallon
The average price of retail diesel fell 1.5 cents last week to $3.41 a gallon, ending a string of five straight increases that had pushed the fuel to record levels, the Department of Energy reported.
November 26, 2007Alcoa Delivers Aluminum Truck Bodies to SIP-WELL
Aluminum manufacturer Alcoa, Pittsburgh, Pa., said Monday that its Alcoa Auto and Truck Structures business in Hungary delivered a aluminum truck bodies to SIP-WELL, a company that delivers water coolers and water to homes and offices.
November 19, 2007Lawson Gets Global Container Terminals Business
Lawson Software, St. Paul, Minn., announced Monday that container terminal operator Global Container Terminals has licensed the Lawson S3 Enterprise Performance Management and Enterprise Financial Management software suites.
November 20, 2007McLeod Software Adds Asset Program
McLeod Software said it added a new program to allow customers to manage assets from any computer.
November 20, 2007I-10 Gas Fire Sparks Extended Delays in Louisiana
The head of the Louisiana state trucking association said that shippers and freight transporters should expect major delays after a part of Interstate 10 was closed in the wake of a natural gas fire.
November 19, 2007NITL President Ficker Resigns
John Ficker, president of the National Industrial Transportation League, will step down at the end of November, NITL said Monday.
November 19, 2007