Trailer manufacturer Wabash National Corp. said its third-quarter loss widened but its operating loss declined from the same quarter last year.
November 5, 2009Business
Unemployment Rate Reaches 10.2%
The U.S. unemployment rate rose to 10.2% in October, a 26-year high, from 9.8% in September, the Labor Department said Friday.
November 6, 2009Letters to the Editor, Business, Government, Safety
Letters: HOS Change, Snow on Trucks, Costly Misconception
The Federal Motor Carrier Safety Administration, in response to a legal challenge to the current hours-of-service regulations, will completely rewrite the 2008 HOS regulations, issue a proposed rulemaking within nine months and a new final rule in less than two years.
November 6, 2009Business, Safety
Intermodal Traffic Declines for Week
U.S. intermodal rail traffic fell 11.1% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
November 5, 2009Business
Qualcomm’s Fiscal 4Q Profit Slips
Qualcomm Inc.’s profit fell 9% in its fiscal fourth quarter, the Associated Press reported.
November 5, 2009Government, Business, Safety
Third-Quarter Worker Productivity Jumps 9.5%
Third-quarter worker productivity jumped to an annual rate of 9.5%, the Labor Department said Thursday.
November 5, 2009Business
Initial Jobless Claims Drop for Week
Initial jobless claims fell by 20,000 to 512,000 last week, the Labor Department said Thursday.
November 5, 2009Business, Logistics
Wabash National’s 3Q Operating Loss Narrows
Business
Intermec’s Third-Quarter Income Declines
Supply chain technology firm Intermec Inc. said its third-quarter net earnings were $100,000, or zero cents per share, compared with $11 million, or 18 cents, a year ago.
November 5, 2009Business, Safety, Government, Technology, Equipment
Opinion: CSA 2010: A Good First Step, But . . .
For more than a decade, the trucking industry has called for an overhaul of the Department of Transportation’s safety fitness measurement and rating systems. Fortunately, DOT heard these calls and soon will implement its new system — Comprehensive Safety Analysis 2010. CSA 2010’s measurement component will be rolled out in July 2010; the rating component will be implemented after a future rulemaking process is completed.
November 5, 2009Fuel, Business
Oil Bounces Back Over $80 Following Inventory Report
Oil closed at over $80 a barrel for the first time in more than a week, following a Department of Energy report showing that fuel inventories fell last week, Bloomberg reported.
November 4, 2009