A trio of senators introduced a bill that would allow states to increase the maximum weight for trucks operating on their interstates beyond the federal limit of 80,000 pounds.
August 5, 2010Search
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Improving CSA’s Rules
Kudos to the Federal Motor Carrier Safety Administration for agreeing to alter its CSA safety program in light of research showing there may not be a strong correlation between certain violations and the rate of accidents.
August 9, 2010UPS to Build Healthcare Logistics Hubs in Singapore, China
UPS Inc. plans to open two health-care-logistics hubs in Singapore and China to tap rising regional demand for medical devices and drugs, Bloomberg reported Friday.
August 6, 2010Navistar Execs Must Return Bonus Pay, SEC Says
Navistar Inc.’s top executive and its former finance chief will return more than $2 million in bonus pay to the company as part of a deal to settle federal charges of accounting misconduct.
August 6, 2010Jobless Claims Hit Three-Month High
Initial jobless claims hit a three-month high last week, the Labor Department said Thursday.
August 5, 2010Commercial Vehicle Group Reports 2Q Profit
Parts maker Commercial Vehicle Group said it earned $700,000 in the second quarter, turning around a $22.5 million loss from the same quarter last year.
August 5, 2010Roadrunner Reports 2Q Loss in First Public Statement
Roadrunner Transportation Systems, which went public in May, released its first public earnings statement, saying it posted a second-quarter loss, though its trucking sectors showed improvement.
August 5, 2010Accuride Reports Second-Quarter Profit
Commercial vehicle component manufacturer Accuride Corp. said it earned $6.5 million in the second quarter, compared with a loss of $36.1 million a year ago.
August 4, 2010Clarke’s Second-Quarter Income Drops
Canadian holding company Clarke Inc. said it earned C$2.8 million, or 11 cents per unit, in the second quarter, down from C$16.8 million, or 42 cents, a year ago.
August 4, 2010ISM Services Index Increases in July
The U.S. economy’s service sector expanded at a faster pace in July, the Institute for Supply Management said Wednesday.
August 4, 2010