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Producer Price Index Rises 1.1%
Prices paid to U.S. producers rose 1.1% in September, reflecting an increase in fuel costs, the Labor Department said Thursday.
October 12, 2012Letter: Mismarked Bridges
This letter is in regard to the Sept. 24 TTNews.com story with the headline “GPS Devices Causing Trucks to Hit Low Overpasses, Sen. Schumer Says.”
October 15, 2012Opinion: A New Future for Trucking
Each year, American Trucking Associations elects a new chairman of the board to lead the organization for a year, and this year, I have been blessed and humbled by this honor.
October 15, 2012Editorial: Viva Las Vegas
Last week’s Management Conference & Exhibition in Las Vegas gave the nation’s trucking industry much food for thought — and action.
October 15, 2012Diesel and Gasoline Prices Both Increase
The average retail price of diesel rose 1.5 cents to $4.094 a gallon, the first increase in three weeks, while gasoline jumped 4.6 cents to $3.850, the Department of Energy said after its latest survey of filling stations.
October 15, 2012FedEx Reducing Costs to Increase Its Profits
FedEx Corp. last week aimed to improve profits by $1.7 billion over the next three fiscal years, almost all from cutting costs and streamlining operations at the Express unit.
October 15, 2012Class 8 Truck Sales Down 9.1% in September
U.S. truck sales fell 9.1% to 14,491 in September, declining for the first time since December 2009 and ending a streak of 32 consecutive year-over-year increases, WardsAuto.com reported.
October 15, 2012Navistar Overhauls Lineup of Products and Executives
The extensive overhaul of Navistar’s product and corporate lineup continued last week as top sales executive Jim Hebe retired, more details emerged about new models, and the company agreed to replace three directors to avoid a proxy battle.
October 15, 2012Audit Criticizes FHWA for Lax Oversight of Federal Highway Grants to States
Federal Highway Administration officials are not consistently meeting their congressionally mandated “stewardship and oversight” requirements to closely oversee billions of dollars in federal highway program grants to states, according to a new audit.
October 15, 2012Industry Group Forms Chassis Pool; Drayage Carrier Buys 1,520 Units
The gradual shift of intermodal equipment control from ocean carriers to truckers advanced last week as an industry group formally created a chassis cooperative and drayage carrier, IMC Companies, purchased 1,520 units for use in an existing pool.
October 15, 2012