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ABF, Union Expected to Talk; LTL May Receive Concessions
ABF Freight System and the Teamsters union appear to be heading toward talks that could result in wage, health or pension concessions for the nation’s fifth-largest less-than-truckload carrier, officials from both sides have said.
March 22, 2010
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Transport Policy Should Modernize Freight, Reduce Diesel Emissions, Report Suggests
Congress should include comprehensive funding policies in the upcoming transportation reauthorization bill both to modernize freight transportation and reduce diesel emissions, an environmental group said in a report last week.
March 22, 2010Head of Canada Truck Group Backs EOBRs for All Trucks Operating in North America
Electronic onboard recorders should be mandatory for all truckers operating in North America, the president of the said.
March 22, 2010Obama Signs Job Legislation With Highway Bill Extension
President Obama on March 18 signed into law an extension of the highway bill through the end of the year as part of a $17.6 billion package of tax incentives and bonding proposals aimed at spurring job creation.
March 22, 2010Industry Hails UCR Board Vote to Delay Collection of 2010 Fees
Industry groups and some state governments hailed the decision blocking all states from collecting Unified Carrier Registration fees until the federal government sets fee levels for 2010, but other states said the move could hamstring their safety programs.
March 22, 2010Diesel Increases 2¢ to $2.924, Pushing Price to 16-Month High
The U.S. retail diesel price average rose another 2 cents to a 16-month high of $2.924 a gallon last week, the fourth straight increase, the Department of Energy reported.
March 22, 2010February Truck Sales Rise 19.1%
Manufacturers and their dealers sold 19.1% more big trucks in February than they did a year earlier, marking the second consecutive month in which Class 8 sales beat their year-ago totals, according to WardsAuto.com.
March 22, 2010NAFTA Surface Trade Fell 23.3% in 2009
Surface trade among the United States, Canada and Mexico fell by 23.3% in 2009 compared with 2008, the Department of Transportation said.
March 18, 2010Leading Economic Indicators Improve
An index of leading economic indicators improved slightly in February, marking the 11th straight increase, the New York-based Conference Board said Thursday.
March 18, 2010Consumer Price Index Unchanged in February
The consumer price index was unchanged in February, the Labor Department said Thursday.
March 18, 2010