U.S. payrolls rose in September but the unemployment rose to 4.7% in September from 4.6% in August, the Labor Department said Friday.
October 5, 2007Government, Business
3Q CEO Confidence Dips, Conference Board Says
A measure of chief executive officers’ confidence declined slightly in the third quarter from the second, the New York-based Conference Board said Friday.
October 5, 2007Business, Safety
Rail Traffic Edges Up; Intermodal Traffic Drops
Overall rail traffic rose a notch, but intermodal levels fell from a year ago for the week ended Saturday, the Association of American Railroads said.
October 5, 2007Government, Business
Weber Buys ‘Environmentally Friendly’ Reefer Trailers
Weber Distribution, Santa Fe Springs, Calif., said it has purchased a new fleet of 150 “environmentally friendly” refrigerated trailers.
October 5, 2007Business, Fuel
IMCC Opposes SoCal Ports’ Clean Truck Program
A group representing intermodal carriers has expressed its opposition to the Ports of Los Angeles and Long Beach clean truck program, which the ports predict will increase drayage rates by 80%.
October 4, 2007Business, Safety, Government
Knight Eliminates President Position
Truckload carrier Knight Transportation said its president, Tim Kohl, is leaving the company and his position is being eliminated, Bloomberg reported.
October 4, 2007Business, Equipment
ArvinMeritor Trims Earnings Estimate
Heavy-duty component maker ArvinMeritor said fiscal fourth-quarter earnings may be less than previously forecast by as much as 40 cents a share because of a sluggish economy and charges related to suppliers, Bloomberg reported.
October 4, 2007Business
Jobless Claims Gain for Week
Initial jobless claims rose by 16,000 last week, the Labor Department said Thursday.
October 4, 2007Government, Business
NASCAR’s Rusty Wallace Plugs Seat Belt Use for Truckers
The Federal Motor Carrier Safety Administration said Wednesday it unveiled a public service campaign featuring former NASCAR driver Rusty Wallace that is aimed at reminding truckers to use their seat belts.
October 3, 2007Government, Business, Safety
Editorial: FMCSA Joins HOS Stay Request
The Federal Motor Carrier Safety Administration has joined American Trucking Associations’ attempt to postpone implementation of a federal court ruling against key portions of the current hours-of-service regulations.
October 3, 2007