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FMCSA Sticking to Timeline for Implementation of CSA
WASHINGTON — The Federal Motor Carrier Safety Administration remains “absolutely” committed to the current timeline for rolling out CSA 2010, Administrator Anne Ferro said.
June 28, 2010Groups Seek to Cut Driving Time as Part of Changes to HOS Rules
A coalition of interest groups that has repeatedly succeeded in challenging the Federal Motor Carrier Safety Administration’s hours-of-service rule last week pushed for dramatically cutting the current daily and weekly work-time limits.
June 28, 2010Diesel, Gasoline Prices Rise
Retail diesel prices reversed course last week, as the national average rose 3.3 cents a gallon to $2.961 after falling 19.9 cents in the five previous weeks, the Department of Energy reported.
June 28, 2010Midyear Stock Review: Investors Concerned About Durability of Recovery
After improving along with most other equities during the last nine months of 2009, trucking stocks this year have done little more than tread water, with a good run from early February through late April sandwiched between two brief pull-backs by investors.
June 28, 2010April Class 8 Registrations Rise 8%
New U.S. registrations of heavy-duty trucks grew 8.4% in April compared with the same month a year ago, following an 11.3% gain in March, according to R.L. Polk & Co.
June 28, 2010CSA Training Could Affect Owner-Operators, Some Industry Officials Worry
Some trucking executives said they are concerned that providing additional training to their drivers to meet the federal government’s new safety program may put their independent contractor status at risk.
June 28, 2010YRC to Sell Logistics Business to Equity Firm for $37 Million
YRC Worldwide said Friday it has entered into an agreement to sell a portion of its YRC Logistics business to a private equity firm for $37 million.
June 25, 2010Global Truck Market Demand Remains Weak, Report Says
The global market for commercial trucks is showing signs of recovery, but demand over the next few years is likely to stay far below the peak levels of 2006 in North America and 2008 in Europe, Standard & Poor’s Ratings Services said.
June 24, 2010CSX, D.C. File to Dismiss Hazmat Lawsuit
CSX Transportation and the District of Columbia filed a motion in federal court last week saying they plan to end their litigation over an attempt by the city to ban hazardous materials shipments.
June 24, 2010Durables Gain, Excluding Transportation Orders
Durable goods orders fell for the first time in six months but rose 0.9% excluding transportation orders, marking the third such gain in four months, the Commerce Department said Thursday.
June 24, 2010