Less-than-truckload carrier ABF Freight System said Wednesday it has reached a tentative collective bargaining agreement with the Teamsters union on a new five-year labor pact.
January 30, 2008Business, Technology, Equipment, Safety
ABF, Teamsters Reach Labor Pact
Business
Fed Cuts Interest Rate a Half-Point to 3%
The Federal Reserve Wednesday cut the key U.S. interest rate by half a point, to 3%.
January 30, 2008Business, Fuel
Paccar to Use SCR in 2010 Engines
Paccar Inc. said it will use selective catalytic reduction technology, in combination with exhaust gas recirculation, in its Paccar engines for Kenworth and Peterbilt trucks to meet to meet 2010 engine requirements.
January 30, 2008Business, Government, Safety, Autonomous
N.C. Court Rules for Trucking Company in Dispute Over Weight Limit Fines
A judge in North Carolina recently ruled in favor of a trucking company that sued the state for what it said were excessive fines assessed for minor weight limit permit violations.
January 30, 2008Government, Business, Safety
Letters to the Editor: HOS, Roundabouts, Infrastructure Panel
If there ever was a segment of the transportation industry that needed an overhaul, it’s trucking.
January 30, 2008Business
Saia’s Fourth-Quarter Income Declines
Saia Inc. said Wednesday its fourth-quarter net income fell 62% from a year ago to $2 million, or 15 cents a share, from $5.2 million, or 35 cents, a year ago.
January 30, 2008Business, Safety, Government, Logistics
C.H. Robinson’s 4Q Profit Improves
Transportation and logistics firm C.H. Robinson Worldwide’s fourth-quarter profit rose to $85.3 million, or 49 cents a share, from $71.8 million, or 41 cents, a year ago.
January 29, 2008Business
J.B. Hunt’s Fourth-Quarter Income Dips
Truckload carrier J.B. Hunt Transport Services said late Tuesday its fourth-quarter profit declined to $54.3 million, or 42 cents a share, from $57.8 million, or 39 cents, a year ago.
January 29, 2008Business
Teamsters Withdraw from FedEx Election in Mass., Company Says
The Teamsters union has voluntarily canceled an organizing election scheduled for Friday at the FedEx ºÚÁϳԹÏÍø Delivery facility in Worcester, Mass., the company said.
January 29, 2008Business, Safety, Government, Logistics
Oberstar Criticizes NTSB on I-35W Bridge
Rep. James Oberstar (D-Minn.), chairman of the House Transportation and Infrastructure Committee, last week criticized the chairman of the National Transportation Safety Board for suggesting a design flaw was a key factor in the Interstate 35W bridge collapse in Minneapolis.
January 29, 2008