UPS Inc. said Friday its fourth-quarter earnings will exceed an earlier forecast and that it plans to cut about 1,800 management and administrative positions.
January 8, 2010Search
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Unemployment Rate Holds at 10% in December
The U.S. unemployment rate stayed at 10% in December, the same rate as November, the Labor Department said Friday.
January 8, 2010Letters: Arrow Trucking, Dangerous Loophole, Support for Biofuels
When the drivers at Arrow Trucking received that message telling them to take their trucks to the nearest dealership, I hope all of them drove their trucks to their homes, unloaded all their gear and then called Arrow and told them to come pick up their truck.
January 11, 2010Can You Hear Us?
We all have to hope that officials of the Federal Motor Carrier Safety Administration really have their ears open when they hold their three public “listening sessions” later this month over their embattled hours-of-service rule for the nation’s truck drivers.
January 11, 2010Old Dominion Boosting Rates an Average 4.4%
Old Dominion Freight Line said it will boost its base rates later this month by an average 4.4% in order to offset higher costs.
January 8, 2010Driver Earns TCA Highway Angel Trophy for Saving Victim’s Life in Fiery Crash
Truck driver Michael Hunt received the 2009 Highway Angel of the Year trophy from the Truckload Carriers Association on Dec. 30 before about 30,000 people at a college football bowl game in Boise, Idaho.
January 11, 2010November Tonnage Dips 3.5%
U.S. truck tonnage declined 3.5% in November from the corresponding month of 2008, but it still was the best year-over-year showing in 12 months, according to American Trucking Associations. Total tonnage grew 2.7% from October’s levels.
January 11, 2010New Record-Keeping System More Stringent Than SafeStat
As part of its Comprehensive Safety Analysis 2010 program, the Federal Motor Carrier Safety Administration is introducing its new record-keeping system known as SMS, or safety management system.
January 7, 2010Patriot Loses Some Big Customers
Patriot Transportation Holding said its transportation group has been unsuccessful in renewing contracts with major customers who accounted for $10 million in revenue last year, or 11% of its total.
January 7, 2010Oil Dips Following Increases
Oil prices fell Thursday following 10 days of gains, slipping almost $1 to $82.26 a barrel in early trading, Bloomberg reported.
January 7, 2010