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P.M. Executive Briefing - Dec. 14
This afternoon's headlines: FedEx posts higher 2Q earnings; slow sales prompt GM to idle 8,600 workers; producer price index up 0.1% in November; and more.
December 14, 2000
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Diesel Price Dips 2.3 Cents As Oil Hits 5-Month Low
The price of diesel fuel dropped 2.3 cents last week following, but not keeping pace with, a steep slide that took the price of crude oil below $30 a barrel for the first time in four months.
December 13, 2000White House, Congress Seeking To Resolve Ergo, Budget Disputes
A possible government shutdown was averted when congressional Republicans and the White House met Dec. 7, and agreed “to continue talking” about four appropriation bills, including the Labor Department’s plan to institute its controversial ergonomics rules in 2001.
December 13, 2000Cheaper Oil, Moderate Growth, Lower Interest Rates May Boost Trucking’s Fortunes in 2001
Lower oil prices, moderate economic growth and a drop in interest rates should bode well for trucking in 2001 — at least for companies that survive the bankruptcies and consolidations predicted to sweep the industry.
December 13, 2000Volvo’s Gustafson Pronounces Death of Component 'Spec’ing'
Marc Gustafson believes it is time for some changes in the way truck manufacturers operate, and as chief executive officer of Volvo Trucks North America, he has begun to implement new practices at his own company.
December 13, 2000Trucking Groups Ask FMCSA to Review Hours Rules, Costs
Final comments on the Department of Transportation’s proposal to change the hours-of-service rules are due by close of business Dec. 15, but at least two trucking groups beat the last-minute rush. National Tank Truck Carriers and the Distribution & LTL Carriers Association filed in late November, requesting a review of driver on-duty time and the costs of implementing the rule changes.
December 13, 2000Car Haulers Decide to Leave ATA
A group representing most of the nation’s car haulers has ended its 65-year affiliation with American Trucking Associations.
December 13, 2000Tax Issues Could Be Nafta Barrier
Mexican trucks will not be rolling into the United States anytime soon, contrary to what recent news reports may have suggested, an expert on the North American Free Trade Agreement said.
December 13, 2000Still a Long Way to Go For Nafta Arbitration
A news report from Mexico City Mexico City quoted an unidentified U.S. Department of Transportation official as saying the United States will appeal a decision of the North American Free Trade Agreement arbitration panel which found fault with the U.S. refusal to open the border with Mexico to international trucking.
December 13, 2000PTG Dispute Settled By Rival Carriers
A trucking feud, ignited over the remains of a bankrupt motor carrier, has been settled by the parties without a shot being fired, but not before a Tennessee court became involved.
December 13, 2000