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Consumer Confidence Improves

U.S. consumer confidence rose this month for the fourth consecutive time, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

June 12, 2009

YRC Won't Apply for Bailout Funds

YRC Worldwide Inc. said it has begun a new effort to enlist U.S. government help in addressing multi-employer pension issues but that it will not be asking for a federal bailout.

June 12, 2009

Letters: Dropping Rates, Volvo Disagrees

Since 1978, when I started operations, I have watched the trucking industry continually tear itself down. There will always be another fool with enough money to buy a cheap truck, charge below-profit rates and go out of business, while the next fool is in line to take his or her place.

June 15, 2009

Safety Begins Behind the Wheel

An emphasis on driver behavior runs through an 18-point plan developed by American Trucking Associations to reduce crashes involving cars and trucks. Chilling statistics illuminate why this kind of focus is essential.

June 15, 2009

Coalition Urges Congress to Curb Oil Speculation

A coalition of industry groups including American Trucking Associations petitioned congressional leaders to pass legislation to rein in “excessive speculation and opaque trading activity” in oil markets.

June 15, 2009

Teamsters Considering Reopening Labor Deal With YRC to Help Carrier Conserve Cash

The Teamsters union, which already has agreed to pay cuts for workers it represents at YRC Worldwide Inc., said it is considering whether to reopen its labor contract to help the less-than-truckload carrier conserve cash.

June 15, 2009

Hodges Says Cap-and-Trade Plan Threatens Trucking’s Viability

A House cap-and-trade energy bill would “add another layer of volatility” to the already erratic price of diesel fuel that could jeopardize the economic viability of trucking companies, Tommy Hodges, first vice chairman of American Trucking Associations, said last week.

June 15, 2009

Industry Supports Selection of Ferro to Lead FMCSA

Trucking industry groups closed ranks in support of Anne Ferro to head the Federal Motor Carrier Safety Administration, after the Teamsters union and a handful of advocacy groups said they opposed her nomination.

June 15, 2009

Stimulus Funds Move Unevenly

Federal funds to stimulate highway projects are moving in fits and starts through the bureaucratic funding pipeline, delivering new work for some fleets while others get no benefit from the $26.7 billion economic recovery effort.

June 15, 2009