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FedEx Launches New Time-Definite Service

FedEx Custom Critical Wednesday introduced introduces a new service that provides users with additional delivery options and cost savings for expedited freight shipments.

March 29, 2006

Consumer Confidence Jumps in March

U.S. consumer confidence rose this month following a three-month low in February, the Conference Board said Tuesday.

March 28, 2006

Universal Truckload Promotes Limback to Head Am-Can Unit

Universal Truckload Services late Monday said it had promoted Mark Limback president of unit Universal Am-Can Ltd.

March 28, 2006

Logistics Firm Buys Texas Truckload Carrier

The Furia Organization, which owns a third-party logistics firm, said late Monday it had signed a letter of intent to buy truckload carrier Little Trucking.

March 28, 2006

Ohio Firm Gets $1 Mln. Grant to Develop Fuel Cells for Trucking

An Ohio firm won a $1 million state grant to help develop fuel cells as a clean power source for the trucking industry, the Cleveland Plain Dealer newspaper reported Tuesday.

March 28, 2006

Illinois Bill Would Require Clear Posting of Truck Routes

An Illinois state representative has introduced a bill that would require postings on roads to show clearly which are truck routes, the Belleville (Ill.) News-Democrat newspaper reported.

March 28, 2006

Delphi Offers Bonuses in Exchange for Pay Cuts

Bankrupt parts-maker Delphi Corp. has offered United Auto Workers members $50,000 each in exchange for a 35% pay cut, Bloomberg reported.

March 28, 2006

Truck Makers Unveil ’07 Models With Improved Aerodynamics

LOUISVILLE, Ky. — International, Kenworth, Peterbilt and Volvo unveiled new aerodynamically designed trucks at the Mid-America Trucking Show here, and Freightliner said its 2007 heavy-duty trucks would cost $7,000 to $10,000 more than comparable 2006 models.

March 28, 2006

Fed Hikes Interest Rate Another Quarter-Point to 4.75%

The Federal Reserve voted unanimously Tuesday to raise the benchmark U.S. interest rate a quarter-point to 4.75%.

March 28, 2006

ATA’s Truck Tonnage Index Declines in February

American Trucking Associations said Tuesday that its for-hire truck tonnage index dropped 2.5% in February, the first monthly decline since August.

March 28, 2006