Celadon Group said it plans to buy back as many as 2 million shares by Aug. 31 of next year.
August 26, 2010Trucking Industry Safety News
Transportation businesses face a host of dynamic risk issues that can significantly impact their financial and operational health. The news in this category focuses on the latest safety and security initiatives, resources and regulations and addresses topics that include fleet safety, claims administration, driver hiring and retention, risk management and compliance.
Carrier Groups Hit New Hazmat Rule
Several trade groups told federal regulators that requiring more detailed information on applications for special permits to haul hazardous materials will not increase hazmat safety and will increase the paperwork burden on applicants.
August 31, 2010iTECH: Safety Concerns Drive Interest in Truck-Specific GPS
Never mind the deliveries you want to make on time the deliveries you dont want to make at all may be the best reasons to invest in a navigation system designed specifically for commercial truck operations.
August 30, 2010Letters: CSA Fallout, Mexican Tariffs
The prediction by some people is that the new CSA rules will take 5% or more over-the-road drivers off our highways. To some folks that may be a good thing.
August 30, 2010Trailer Orders Up 74% in July, Led by Surge in Dry Vans
Orders for new trailers rose 74% in July over July 2009, pushing year-to-date levels ahead by the same percentage, ACT Research Co. reported.
August 30, 2010Celadon Group Plans Share Repurchase
CARB Recommends Compliance Extension
The California Air Resources Board staff is recommending an extension of the compliance deadlines for the states emission-reduction rule for 2003 transport refrigeration units.
August 23, 2010DOT Adding Test for Ecstasy as Part of Stricter Drug Rules
The U.S. Department of Transportation said it is adding new tests for transportation workers to detect the designer drug ecstasy, while also lowering the positive threshold amounts of amphetamines and cocaine and adding a new marker to identify heroin use.
August 23, 2010Pilot Program Reduces Truck Delivery Times in New York City by Utilizing Off-Hour Runs
A pilot program in which trucks made off-hour runs into New York City decreased the average delivery time from the depot to the first receiver by 75%, according to an analysis of the program.
August 23, 2010Trucking Questions New Customs Requirement to Declare Residual Chemicals Crossing Border
Truckers, chemical manufacturers, and other trade groups are questioning a new federal requirement that motor carriers and exporters stipulate on electronic manifests the amount of residual chemicals left inside cargo tank containers when returning from deliveries in Canada and Mexico.
August 23, 2010Three Trucking Fleets Plan Share Offerings as a Way to Raise Funds to Reduce Debt
The decisions by three trucking fleets to announce public share offerings in recent weeks represent a sharp change in direction for an industry that went more than five years without a stock sale.
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