Port of Los Angeles officials voted late Thursday to ban independent truck drivers from the port by the end of 2013, the Long Beach Press-Telegram reported Friday.
May 16, 2008Business, Safety, Equipment
GM, American Axle Reach Tentative Contract
Several General Motors Corp. plants idled by an 11-week strike at supplier American Axle & Manufacturing Holdings are set to begin operations soon, following a tentative settlement to the work stoppage, the Wall Street Journal reported Monday.
May 19, 2008Government, Business, Safety
L.A. Port Votes to Ban Owner-Operators by 2013
Business, Safety
ATA to Manage Distribution & LTL Carriers Association
American Trucking Associations said Thursday it has assumed management of the Distribution & LTL Carriers Association, which represents for-hire trucking companies engaged in less-than-truckload freight shipments and warehousing.
May 15, 2008Business, Safety
Intermodal Traffic Falls 1.1%
Rail intermodal traffic fell 1.1% for the week ended Saturday compared with the same week last year, the Association of American Railroads said.
May 15, 2008Business, Safety, Government
DOT Freight Transport Index Drops 0.4% in March
The Department of Transportation’s freight transportation services index fell 0.4% in March from the same month last year, DOT said Wednesday.
May 14, 2008Government, Business, Safety
Deutsche Post’s 1Q Profit Drops
Deutsche Post said Wednesday its first-quarter profit fell 18% on a writedown of a German unit and slowing U.S. economic growth that hurt its U.S. DHL division, Bloomberg reported.
May 14, 2008Business, Safety, Equipment, Government
ArvinMeritor Sets Commodity Surcharge
Auto and truck component maker ArvinMeritor Inc. said late Tuesday it will institute a monthly surcharge for components due to rising materials prices.
May 14, 2008Business, Safety, Government
Trimac’s 1Q Earnings Decline
Canada-based transportation firm Trimac Income Fund said its first-quarter net earnings fell to C$600,000, or about 2 cents per unit, from C$1.5 million, or 5 cents, a year ago.
May 13, 2008Government, Business, Safety, Fuel
Diesel Soars 18.2¢ to Record $4.331
Diesel fuel jumped 18.2 cents to a new record Monday, averaging $4.331 a gallon at the pump nationwide, the Department of Energy said.
May 13, 2008Business, Technology, Equipment, Safety
Ryder Completes Gator Leasing Acquisition
Ryder System said late Monday it has completed its acquisition of Gator Leasing, privately held company based in Miami.
May 13, 2008