The Los Angeles City Council has approved to a plan requiring all truck drivers at the Port of Los Angeles to be employed by a trucking company within five years, the Los Angeles Times reported Wednesday.
June 18, 2008Search
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Letters to the Editor: Fuel Price Crisis, LTLs, Truck Weights, Hurricane Season
I would like to comment on a letter in the June 2 edition suggesting that the only way to bring fuel prices down is for truckers to stage protests.
June 18, 2008UPS Takes Control of Korean Venture
UPS Inc. said Wednesday that it has signed agreement with Korea Express Co. Ltd. to acquire KEC’s interest in the companies’ joint venture company in Seoul, South Korea.
June 18, 2008Industrial Production Falls 0.2%
U.S. industrial production dipped 0.2% in May, the Federal Reserve said Tuesday.
June 17, 2008Ontario to Require 65-MPH Speed Limiters on Trucks
The Ontario Legislature passed a measure Monday requiring speed limiters on large trucks that would cap speeds at 105 kilometers per hour, the equivalent of 65.2 miles per hour, the Ontario Transportation Ministry said.
June 18, 2008Housing Starts Fall to 17-Year Low
New housing starts fell 3.3% in May as builders broke ground on the fewest number of houses in 17 years, the Commerce Department said Tuesday.
June 17, 2008Producer Prices Jump 1.4% in May
Prices paid to U.S. producers jumped 1.4% in May, led by food and fuel costs, the Labor Department said Tuesday.
June 17, 2008YRC to Take 2Q Charges; Affirms Core Earnings Outlook
YRC Worldwide late Tuesday reaffirmed its core second-quarter earnings guidance, but said its financial statement would include some special charges.
June 17, 2008FedEx Reports Fourth-Quarter Loss
FedEx Corp. reported a fourth-quarter loss Wednesday of $241 million, or 78 cents a share, citing higher fuel costs and a writedown at its Kinko’s unit.
June 18, 2008CPI Rises 0.2% in May
The consumer price index rose 0.6% in may, the Labor Department said Friday.
June 13, 2008