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UPS Says 4Q Earnings to Exceed Guidance; Will Cut Jobs

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, 2010

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, 2010

Letters: 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, 2010

Can 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, 2010

Old 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, 2010

Driver 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, 2010

November 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, 2010

New 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, 2010

Patriot 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, 2010

Oil 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