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YRC, Teamsters Set Talks on Cost-Cutting

YRC Worldwide Inc. and the Teamsters union planned to return to the bargaining table June 29 to pursue additional cost-cutting steps that would help the less-than-truckload carrier cope with current financial difficulties.

June 29, 2009

Panel OKs Draft Funding Bill That Includes EOBR Mandate

WASHINGTON — A key House subcommittee last week approved the framework for a new six-year surface transportation plan proposed by transportation committee leaders.

June 29, 2009

Drayage Truckers Worry About Procedures Required by Federal Chassis Regulations

Drayage truckers are struggling with complex record-keeping requirements in the new federal intermodal chassis maintenance rules that have begun to take effect, industry experts said.

June 29, 2009

Experts at Michigan Conference Urge Push for Longer, Heavier Trucks

ANN ARBOR, Mich. — The U.S. trucking industry is falling behind its international counterparts in switching to higher-productivity vehicles

June 29, 2009

Republicans Criticize Early Vote on Cap-and-Trade Bill in House

House Democratic leaders said they hoped to pass a controversial cap-and-trade bill late last week, despite vocal protests by Republicans who said the complex legislation amounts to a large tax increase and needs more time for debate.

June 29, 2009

Rebound in Trucking Company Share Prices May Be Fragile, Analysts Warn

Trucking stocks have rallied over the past four months despite the sour U.S. economic conditions, but the recent rise in shares is a fragile one, analysts warned.

June 29, 2009

Diesel Rises 4.4¢ to $2.616

The U.S. average diesel price rose 4.4 cents a gallon last week to $2.616, the seventh straight weekly increase that has pushed it up by 43.1 cents to the highest level in nearly eight months.

June 29, 2009

Maersk to Charge Lease Fee for Intermodal Chassis

The world’s largest ocean container shipping company, Maersk Line, said it will begin charging leasing fees to local truckers who use their intermodal chassis, which traditionally have been free.

June 29, 2009

House Panel Leaders Resist Bid to Stall Highway Funding Bill

WASHINGTON — House transportation leaders appeared isolated last week, as several prominent senators endorsed a bid by the Obama administration to postpone working on a major surface transportation-funding bill until 2010.

June 29, 2009

Consumer Sentiment Index Rises in June

U.S. consumer confidence rose this month for the fourth consecutive time in June, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

June 26, 2009