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YRC’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, 2009

Firms 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, 2009

CVSA, 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, 2009

Mack, 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, 2009

Fuel 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, 2009

Fleets 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, 2009

Leading 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

Philadelphia Factory Index Improves

Manufacturing levels in the Philadelphia region contracted this month at the slowest pace in eight months, the Federal Reserve Bank of Philadelphia said Thursday.

May 21, 2009

Virginia Scales Back Plan To Close Rest Stops

The Virginia Department of Transportation said it will propose closing 19 of the state's 41 highway rest areas, scaling back its original proposal to close 25.

May 22, 2009

U.S. May Reopen Roads to Mexican Trucks by June, LaHood Says

Transportation Secretary Ray LaHood said the United States could reopen its roads to Mexican trucks as soon as next month, Bloomberg reported.

May 21, 2009