Latest News Updates From Tiffany Wlazlowski
Former CNF Workers Sue for Pension Losses
More than 500 former employees of transportation conglomerate CNF Inc. and its one-time subsidiary Consolidated Freightways have filed a class-action lawsuit alleging CNF and its actuarial firm caused their pension fund to become underfunded, costing retirees millions in lost benefits.
September 9, 2003FMCSA Rejects All Requests to Modify New Hours Rules
The Federal Motor Carrier Safety Administration denied petitions from a diverse collection of businesses requesting changes in its new hours-of-service rules, the agency said Aug. 25.
September 2, 2003Parcel Carriers Encroach on Changing LTL Sector
Less-than-truckload carrier Yellow Corp., which is set to become the largest LTL carrier in North America after it acquires Roadway Corp., could find itself facing stiff competition from the parcel sector in coming years because of the changing face of the LTL market, analysts and trucking executives said.
August 22, 2003TL Carriers’ Verdict Mixed On New-Model Engines
Several truckload carriers sent mixed signals recently on whether Class 8 trucks with new-model engines meeting federally mandated emission standards are being embraced by the industry.
July 28, 2003Lingering Engine Worries Cause Class 8 Sales to Fall
Retail sales of heavy-duty trucks dropped 1.8% in June, compared with already weak sales in the corresponding month of 2002, as analysts said fleets continued to refrain from upgrading equipment because of conflicting reports about the performance of new-model engines.
July 22, 2003Weak Economy and Regional-Freight Turf Wars Dilute LTL Rate Gains
Nine months after the nation’s third-largest less-than-truckload carrier declared bankruptcy, tightening capacity and pumping up freight volumes for surviving carriers, analysts and fleets said those gains were being diluted by the weak economy and by turf wars for regional freight that created excess capacity.
July 10, 2003Schneider Shuts Two Units in Pension Fund Dispute
Truckload carrier Schneider National Inc. closed two of its Teamster-represented subsidiaries June 28 and 29 after failing to reach a labor contract that would free it from the financially strapped Central States Pension Fund.
July 8, 2003LTLs Explore Next-Day Deliveries
NEW YORK — In an effort to take advantage of what analysts are calling the fastest-growing segment of the less-than-truckload market, three carriers said they were exploring next-day market ventures, with at least one planning to launch a pilot program later this year.
June 4, 2003Truck Industry Officials Wary of '07 Diesel Engine Changes
NEW YORK — Even as the trucking industry continues to evaluate new diesel engines that hit the market in October, fleet officials expressed concerns about federally mandated emissions levels that Class 8 engines must meet in 2007.
May 20, 2003Fleets Say They Won't Expand Capacity Amid Weak Economy
NEW YORK — Top officials of several national truckload and less-than-truckload carriers said they would avoid adding cargo capacity this year because of flat freight volumes and few signs that the economy is growing.
May 20, 2003Trending
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