Saia Inc. said Thursday it will take new cost-cutting measures to cope with the slow economy and reduced tonnage, including trimming its executives’ pay by 10% and its hourly, linehaul and salaried employees’ pay by 5%.
April 2, 2009Search
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U.S. Seeks Consensus on Border Before Obama’s Visit to Mexico
The Department of Transportation will develop a proposal to reopen the United States to trucks from Mexico before President Obama visits President Felipe Calderon there later this month, a spokeswoman told Transport Topics.
April 6, 2009Factory Orders Rise 1.8%
U.S. factory orders rose in February for the first time in seven months, the Commerce Department said Thursday.
April 2, 2009Con-way, TNT Start New Europe-to-U.S. Service
Less-than-truckload carrier Con-way Freight will take over the final leg of express shipments from Europe under a new partnership with Dutch transportation and logistics firm TNT.
April 2, 2009Jobless Claims Rise; Continuing Claims Reach Record
Initial jobless claims rose by 12,000 last week and continuing claims reached a new record, the Labor Department said Thursday.
April 2, 2009Pa. Trucking Company Cutting Driver Pay 8.9%
Ward Transport and Logistics Corp. is cutting the pay of its drivers and hourly workers by 8.9%, Pennsylvania television station WTAJ reported on its Web site Tuesday.
April 1, 2009Construction Spending Decline Slows
Construction spending fell 0.9% in February, the Commerce Department said Wednesday.
April 1, 2009ISM Manufacturing Index Improves, but Still Shows Contraction
Manufacturing in the U.S. improved in March but showed contraction for a 14th straight month, the Institute for Supply Management said Wednesday.
April 1, 2009House Democrats Introduce Greenhouse Gas Bill
Democratic lawmakers announced legislation Tuesday that they say would reduce greenhouse gas emissions by one fifth, reduce dependence on foreign oil and create energy-related jobs, the Associated Press reported.
April 1, 2009Jury Backs FedEx in Wash. Overtime Case
FedEx Corp. did not illegally deny overtime pay to contract delivery drivers who said the company wrongly called them entrepreneurs, a Seattle jury decided late Tuesday, Bloomberg reported.
April 1, 2009