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Three Trucking Fleets Plan Share Offerings as a Way to Raise Funds to Reduce Debt
The decisions by three trucking fleets to announce public share offerings in recent weeks represent a sharp change in direction for an industry that went more than five years without a stock sale.
August 23, 2010DOT Adding Test for 鈥楨cstasy鈥 as Part of Stricter Drug Rules
The U.S. Department of Transportation said it is adding new tests for transportation workers to detect the designer drug 鈥渆cstasy,鈥 while also lowering the positive threshold amounts of amphetamines and cocaine and adding a new marker to identify heroin use.
August 23, 2010CSA Revisions Improve Most Scores but Worsen Others, Carrier Execs Say
Changes that the Federal Motor Carrier Safety Administration has made to its CSA safety-monitoring program are causing the ratings of fleets across the country to change, and not always for the better, carrier executives told Transport Topics.
August 23, 2010Trucking Questions New Customs Requirement to Declare Residual Chemicals Crossing Border
Truckers, chemical manufacturers, and other trade groups are questioning a new federal requirement that motor carriers and exporters stipulate on electronic manifests the amount of residual chemicals left inside cargo tank containers when returning from deliveries in Canada and Mexico.
August 23, 2010Diesel Fuel Price Slips 1.2垄 Following 3-Week Increase
In the face of record-setting petroleum stockpiles, the U.S. retail diesel price average dipped 1.2 cents to $2.979 a gallon, the Department of Energy reported.
August 23, 2010Leading Economic Indicators Gain 0.1%
An index of leading economic indicators increased 0.1% in July, the second increase in four months, the New York-based Conference Board said Thursday.
August 19, 2010Md. Sets Blue-Ribbon Panel to Study Transportation Funding
Maryland Gov. Martin O鈥橫alley (D) has named 20 people to a blue-ribbon commission assigned to come up with recommendations for reshaping how Maryland funds its transportation system.
August 17, 2010More States Adopt Laws Curbing Carrier Liability
Florida and Louisiana are the latest states to adopt laws that protect carriers from being forced to assume unwarranted liabilities. They bring to 23 the number of states with anti-indemnification laws.
August 16, 2010New York Manufacturing Index Grows in August
Manufacturing activity in the New York region increased its rate of growth in August, the Federal Reserve Bank of New York said Monday.
August 16, 2010Opinion: Savings, Security in the Cloud
Cloud computing is fast, reliable, inexpensive and swiftly growing in popularity 鈥 except in trucking.
August 19, 2010