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Opinion: Highway Improvement Delays Can Kill
If a proposed highway improvement project has passed every environmental test required by the federal government once — a necessary yet very expensive process that takes many months, even years, to complete — should it have to go through the same process over and over again?
June 30, 1999Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Trucking Stocks Down But Not Out
Over the past two weeks, USFreightways Corp., Boyd Bros. Transportation and Covenant Transport each announced that they expect profits in the second quarter of 1999 to be higher than Wall Street estimates. The news may have sparked a bit of a rally. The Trucking Stock Index listed in Transport Topics rose 4.78% from June 11 to 18. That could be good news for long-suffering stockholders who have seen prices for most trucking stocks fall sharply over the past 12 months.
June 30, 1999Trailer Market Slips From Record Pace
Shipments of trailers and chassis continue to drop off their pace of 1998, when they broke the previous record set three years earlier. April figures slipped 2.3% from the previous month, according to a preliminary count from the U.S. Bureau of Census. Complete trailers and chassis totaled 23,361 for April vs. 23,905 for March, indicating the downward trend that started off the year has not let up.
June 30, 1999Teamsters Take Control of Local
Teamsters General President James P. Hoffa placed Local 19 in Grapevine, Texas, under control of the International union, following the resignation of local president J.D. Potter. Hoffa named Joe Darmento, a 10-year Teamster veteran from Louisville, Ky., to serve as trustee on an interim basis. Local 19 has about 3,500 members in four states, most of whom work in airline-related industries.
June 30, 1999Traffic Manager Pleads Guilty to Tax Fraud Over Kickbacks
A traffic manager for a New Jersey mail-order company pleaded guilty to pocketing more than $74,000 in kickbacks and hiding the income from the Internal Revenue Service. William Surdakowski pleaded guilty June 14 to failing to report $74,889 in taxable income that he received in 1994 for awarding business to an unidentified trucking company in Virginia.
June 30, 1999UPS Shifts Some Freight After Railroad Delays
Three weeks into the division of Conrail between Norfolk Southern and CSX railroads, incompatible computer systems have caused so many problems that United Parcel Service, their biggest intermodal customer, has pulled 50% of its traffic off both railroads and put it back on the highways.
June 23, 1999Hours 'Reg-Neg' Seen As Unlikely
Don’t look for a negotiated rulemaking on hours of service. Prospects for reforming driver hours by general consensus withered when the Transportation Department released a report June 10 that recommended against trying to bring interested parties around the table to work out a new regulation.
June 23, 1999ATA to Create Panel to Study Size, Weight
American Trucking Associations doesn’t plan to actively lobby for passage of legislation allowing states to increase maximum truck weights to 97,000 pounds. Instead, the organization’s board of directors was expected to vote June 18 to create a productivity task force to examine truck size and weight as part of a big-picture look at ways to improve efficiency in trucking.
June 23, 1999Diesel Prices Jump, Led By 5-cent California Increase
The national average price of diesel fuel bounced to $1.068 per gallon, rising nine-tenths of a cent from the previous week’s average of $1.059 and reversing a four-week slide. The increase was driven in large measure by a 5-cents-a-gallon increase in California.
June 23, 1999Chairman Wren Calls For 'Strong, Unified' ATA
Political clout and policy discussions were the main attractions at American Trucking Associations’ Summer Leadership Meeting, which featured appearances from top lawmakers, reporters and regulators.
June 23, 1999