FedEx Corp.’s less-than-truckload units FedEx Freight and FedEx National LTL have each set a 5.7% general rate increase, effective Jan. 5.
December 8, 2008Search
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Navistar Says ‘Coalition’ Grows To Ease 2010 Emissions Rule
A Navistar Inc. spokesman said that a “coalition is building” around the company’s call to the incoming Obama administration to ease 2010 emissions mandates, but the Environmental Protection Agency said its tightened standards would go into effect without delays.
December 8, 2008E&MU: Warming to Global Engines
Volvo AB and Daimler AG are producing global heavy-duty engine platforms for use in North America, Europe and Asia, and other manufacturers plan to introduce their own versions, pushed by converging emission regulations, the need to reduce research and development costs and to take advantage of economies of scale, according to industry analysts and executives.
December 8, 2008Long Beach Port Delays Container Fee
Commissioners at the Port of Long Beach, Calif., on Dec. 1 voted to delay collection of an infrastructure cargo-container fee for at least six months.
December 8, 2008Patriot’s Fiscal 4Q Income Rises
Tank and bulk carrier Patriot Transportation Holding earned $3.2 million, or $1.02 a share, in its fiscal fourth quarter, up from $2.3 million, or 74 cents, in the 2007 quarter.
December 8, 2008FMCSA Issues Medical Rule Requiring Proof of Certification
The Federal Motor Carrier Safety Administration last week issued a final rule requiring all interstate truck drivers to prove they have passed medical examinations and proposed a separate rule setting up a national registry of qualified examiners.
December 8, 2008Union Offers YRC Savings
The Teamsters tentatively agreed to a 10% wage cut to help YRC Worldwide Inc. cope with the recession as part of a package that, among other things, requires YRC to give the union a 15% stake in the less-than-truckload carrier.
December 8, 2008Rail, Intermodal Traffic Fall in November
Rail and intermodal traffic fell sharply in November from a year ago, the Association of American Railroads said.
December 5, 2008ISM Services Index Falls to Record Low
The U.S. economy’s service sector declined in November at the fastest pace on record, the Institute for Supply Management said Wednesday.
December 3, 2008Productivity Rises More Than Forecast
Third-quarter U.S. worker productivity rose 1.3% in the third quarter, the Labor Department said Wednesday, more than a previous estimate.
December 3, 2008