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The Price of Safety
Some 10,000 enforcement officers plan to mix a little fiscal accountability with their safety inspections during next week’s Roadcheck campaign, and we hope that is not a bad idea.
May 25, 2009Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Fleet Execs See Likely Delay of New Truck Buying in 2010
NEW YORK — Trucking executives said the uncertainty about new engine technology required to meet federal emissions standards next year would likely keep them from buying many trucks during 2010.
May 25, 2009Obama Issues Stricter Auto Efficiency Rules
The Obama administration last week announced stricter requirements for automobile fuel efficiency and a first-ever national greenhouse gas reduction standard for cars and light trucks. Though heavy trucks are not immediately affected, an industry official suggested similar changes could be coming within the next decade.
May 25, 2009YRC’s Performance Improving as Firm Cuts Costs, Zollars Says
NEW YORK — YRC Worldwide Inc. has received relief from lenders who waived an earnings target for the second quarter, and company head William Zollars said the less-than-truckload carrier’s performance is improving because of several cost-cutting moves, including potential pension-payment relief from the Teamsters union.
May 25, 2009Firms May Turn to Congress for Pension Funding Help
NEW YORK — Trucking fleets saddled with potential multibillion-dollar liability for underfunded union pension plans will look to Congress for a legislative remedy this year, company officials and experts said.
May 25, 2009CVSA, Police Officers Prep for Roadcheck
For 72 continuous hours covering June 2-4, law enforcement officers throughout the United States, Canada and Mexico will conduct commercial vehicle inspections in the annual Roadcheck, the Commercial Vehicle Safety Alliance announced.
May 25, 2009Mack, UAW Reach Tentative Labor Contract
Mack Trucks said it has reached a new tentative labor agreement with the United Auto Workers after more than 19 months of talks, which would cover about 1,700 employees at seven facilities in three states.
May 25, 2009Fuel Price Hedgers Seeking Market Bottom
With fuel prices dramatically lower than just a year ago, carriers that engage in hedging are questioning whether the market is close enough to a bottom to begin locking in prices, according to several fuel-purchasing analysts.
May 25, 2009Fleets See Longer Tire Life with Monitoring Systems
Trucking fleets and tire makers said increased use of tire-pressure monitoring systems and automatic inflation systems is saving lives and money.
May 25, 2009Leading Economic Indicators Rise 1%
An index of leading economic indicators rose 1% last month, the biggest gain in three-and-a-half years, the New York-based Conference Board said Thursday.
May 21, 2009