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OHL Names New Chairman, CEO
Ozburn-Hessey Logistics has named Scott McWilliams executive chairman of its board of directors and Bert Irigoyen chief executive officer, the company said in a statement.
August 20, 2010Oil Falls to Six-Week Low Under $74 a Barrel
Oil fell almost $1 to below $73.50 a barrel Friday, a six-week low, on a continued uncertain economic outlook, Bloomberg reported.
August 20, 2010Pilot Program Reduces Truck Delivery Times in New York City by Utilizing Off-Hour Runs
A pilot program in which trucks made off-hour runs into New York City decreased the average delivery time from the depot to the first receiver by 75%, according to an analysis of the program.
August 23, 2010Three Trucking Fleets Plan Share Offerings as a Way to Raise Funds to Reduce Debt
The decisions by three trucking fleets to announce public share offerings in recent weeks represent a sharp change in direction for an industry that went more than five years without a stock sale.
August 23, 2010DOT Adding Test for Ecstasy as Part of Stricter Drug Rules
The U.S. Department of Transportation said it is adding new tests for transportation workers to detect the designer drug ecstasy, while also lowering the positive threshold amounts of amphetamines and cocaine and adding a new marker to identify heroin use.
August 23, 2010CSA Revisions Improve Most Scores but Worsen Others, Carrier Execs Say
Changes that the Federal Motor Carrier Safety Administration has made to its CSA safety-monitoring program are causing the ratings of fleets across the country to change, and not always for the better, carrier executives told Transport Topics.
August 23, 2010Trucking Questions New Customs Requirement to Declare Residual Chemicals Crossing Border
Truckers, chemical manufacturers, and other trade groups are questioning a new federal requirement that motor carriers and exporters stipulate on electronic manifests the amount of residual chemicals left inside cargo tank containers when returning from deliveries in Canada and Mexico.
August 23, 2010Medium-Duty Truck Sales Soar in July
U.S. retail sales of medium-duty trucks Classes 3-7 jumped 54.5% in July from the corresponding month a year ago, the largest year-over-year gain since mid-2005 and the biggest sales month this year, WardsAuto.com reported.
August 23, 2010Diesel Fuel Price Slips 1.2瞽 Following 3-Week Increase
In the face of record-setting petroleum stockpiles, the U.S. retail diesel price average dipped 1.2 cents to $2.979 a gallon, the Department of Energy reported.
August 23, 2010TT Private 100: Some Shippers Expand Fleets Over Concerns About For-Hire Capacity
Concern about the availability and cost of trucking services is causing some shippers to increase the amount of freight they haul on their own vehicles and find new ways to share freight-hauling capacity with other companies.
August 23, 2010