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Better Economy May Lead to More Mergers, Acquisitions, Transportation Analysts Say
An improving economy could kick-start the pace of mergers and acquisitions in the months ahead, after a moribund 2009, when few deals took place, several transportation analysts said.Â
April 12, 2010Trucking Jobs Increase Slightly During March, Labor Dept. Says
Trucking employment rose slightly during March, the U.S. Labor Department reported, amid growing signs that job growth could accelerate in months ahead as the United States emerges from the recession.Â
April 12, 2010DOT Rejects Pa.’s Request to Put Tolls on Interstate 80
The federal government last week again rejected Pennsylvania’s request to toll Interstate 80, forcing officials there to revise their long-term infrastructure program.
April 12, 2010Federal Appeals Court Denies ATA’s Petition, Rules Calif. Can Enforce TRU Retrofit Rule
California environmental regulators can continue enforcing the state’s transportation refrigeration unit retrofit rule, a federal appeals court has ruled.
April 12, 2010Southern California Ports Are Losing Cargo to Other Facilities, Supply Chain Execs Say
The ports of Los Angeles and Long Beach, Calif., are losing discretionary cargo to other West Coast facilities and face increasing competition from East Coast locations, as well as Canada and Mexico, supply chain executives said.
April 12, 2010National Guard Training Soldiers to Become Future Truck Drivers
The U.S. National Guard is ramping up its truck driver training program, which could help ease long-term driver shortages.Â
April 12, 2010Diesel Average Climbs Above $3 After 7.6¢ Increase
The average price of retail diesel across the nation rose 7.6 cents to $3.015 a gallon last week, topping the $3 mark for the first time in 17 months, according to the Department of Energy.Â
April 12, 2010Class 8 Truck Orders Jump 21% as OEMs Predict Solid Growth
Orders for new Class 8 trucks in March jumped 21.1% over year-ago levels and surged 35.9% over February’s total as business levels continued to lap 2009’s anemic pace, said FTR Associates.
April 12, 2010U.S. Issues Final EOBR Rule
The Federal Motor Carrier Safety Administration last week issued a rule that could require as many as 5,700 trucking fleets to use electronic onboard recorders to monitor drivers’ hours by lowering the threshold for violations that trigger the EOBR mandate.
April 12, 2010FMCSA Delays CSA 2010
The Federal Motor Carrier Safety Administration said last week it is pushing back the start of its new safety monitoring system, CSA 2010, until late this year, to give itself time to respond to criticisms and suggestions, and give fleets time to fix safety deficiencies.
April 12, 2010