Search

Showing 10 of 18652 results

= Premium Content

Fleets Turn to Payment Services as Cash Tightens, But Financial Executives Warn of Possible Pitfalls

As cash flow becomes tighter for many fleets, more are turning to financial services that pay invoices almost instantly. Trucking and financial executives said that while the service known as “factoring” can be beneficial, once a fleet gets started, it can be hard to stop. As a result, they recommend carriers understand the full scope of services offered and costs involved.

March 9, 2009

Daimler Dedicates Mexico Plant

SALTILLO, Mexico — Daimler Trucks North America dedicated its $300 million Freightliner plant here Feb. 27, as Mexico’s president, Felipe Calderon, joined company officials to formally launch the new 1.3 million-square-foot facility.

March 9, 2009

Raise Fuel Tax During Transition to VMT to Fund Transportation, Blumenauer Says

WASHINGTON — Rep. Earl Blumenauer (D-Ore.), a member of the tax-writing House Ways and Means Committee, said the country should move quickly to a vehicle-miles tax but meanwhile should raise fuel taxes significantly, al-though the higher taxes shouldn’t take effect for at least two years.

March 9, 2009

Scammers Plead Guilty to Load-Board Scheme

A pair of California residents have pleaded guilty to defrauding dozens of truckers and brokers of at least $2.4 million in an Internet load-board fraud scheme that included hacking into the Federal Motor Carrier Safety Administration’s Web site.

March 9, 2009

Lautenberg Sees Safety as Key Highway Bill Issue

While much of the debate on the upcoming highway bill will focus on funding issues, a senator charged with overseeing the safety portion of the legislation said recently that “the status quo is simply unacceptable.”

March 9, 2009

EPA to Require OBD Systems Starting in 2010

The Environmental Protection Agency will require onboard diagnostics systems on at least one engine family per manufacturer starting in 2010.

March 9, 2009

Dynamex Reports Lower 2Q Income

Logistics and delivery firm Dynamex Inc.’s fiscal second-quarter profit fell to $2.3 million, or 24 cents a share, from $3.4 million, or 33 cents, a year ago.

March 5, 2009

Fourth-Quarter Productivity Falls

Fourth-quarter U.S. worker productivity fell at a 0.4% annual rate, the Labor Department said Thursday.

March 5, 2009

Medallion Logistics Is Created to Offer Trucking, Brokerage

Gary Weilheimer and Tom Tranovich, who have more than 40 years combined transportation experience, said they are opening linked non-asset-based businesses to serve the logistics industry.

March 3, 2009

ISM Services Index Continues Contraction

The U.S. economy’s service sector contracted in February, at a faster pace than the previous month, the Institute for Supply Management said Wednesday.

March 4, 2009