Roadcheck 2009 inspections showed significant declines in vehicle and driver out-of-service rates as well as safety belt violations, the Commercial Vehicle Safety Alliance said Thursday.
June 25, 2009Search
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Canadian Trucking Lost 3,300 Jobs in April
The Canadian trucking industry lost 3,300 jobs in April, making it the third-worst industry in the country for that month, Statistics Canada reported.
June 25, 2009YRC, Teamsters Set to Begin Negotiations
YRC Worldwide and the Teamsters union said they will soon begin discussions to modify terms of the union’s labor agreement for YRC employees covered under the National Master Freight Agreement.
June 25, 2009First-Quarter GDP Revised to 5.5% Contraction
The U.S. economy contracted at an annual rate of 5.5% in the first quarter, a better reading than two previous estimates, the Commerce Department said Thursday.
June 25, 2009DOT Releases $140 Million for Transport Projects
The Department of Transportation said it has released about $140 million in federal aid this week to assist 249 transportation improvement projects around the country.
June 24, 2009Opinion: Factoring: What You Don’t Know Can Hurt You
At one time or another, every business finds itself undercapitalized. Unfortunately, in these tough economic times, qualifying for a line of credit can be extremely difficult. As a result, increasing numbers of transportation companies are looking into factoring, with many of them taking the plunge and selling their accounts receivable to a factor.
June 24, 2009New ºÚÁϳԹÏÍø Sales Fall 0.6%
New home sales fell 0.6% in May, the Commerce Department said Wednesday.
June 24, 2009Velocity Express Eyes Management Buyout
Velocity Express Corp. said it has sent a conditional letter of intent to acquire control of the company from a management buyout group led by Chairman and Chief Executive Officer Vincent Wasik.
June 24, 2009Durable Goods Orders Rise 1.8%
Durable goods orders rose 1.8% in May, matching April’s increase, the Commerce Department said Wednesday.
June 24, 2009Oil Falls Below $69 Following DOE Report
Oil fell more than $1 to below $69 a barrel Wednesday following a Department of Energy report that showed retail fuel supplies rose last week, Bloomberg reported.
June 24, 2009