UPS Freight, the less-than-truckload unit of UPS Inc., said Friday it would raise general rates an average of 5.4% for 2008, effective Feb. 4.
January 11, 2008Search
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Diesel Rises Again; DOE Sees $3.40 Average Into Spring
Diesel fuel prices rose again last week, gaining 3.1 cents to $3.376 a gallon in the Department of Energy’s weekly average of filling stations. DOE said average gasoline prices increased 5.6 cents to $3.109.
January 14, 2008Panel to Back Fuel Tax Hike
The commission charged with examining the future of the national transportation system is set to recommend a significant increase in federal fuel taxes to Congress, according to wire service reports and other sources.
January 14, 2008YRC-Union Pact to Raise Pay, Give Carriers New Flexibility
YRC Worldwide’s proposed new contract with the Teamsters union raises wages by $2.20 an hour over five years, increases company pension payments, and sets up a new class of “utility employees” to perform more job duties in exchange for higher pay.
January 14, 2008ATA, FMCSA Urge U.S. Court to Reject HOS Rule Appeal
ATA and FMCSA last week asked a federal court to reject the latest attempt to roll back key provisions of the federal driver-hours rule, the latest step in several years of litigation that observers predicted would keep the rule in flux until after President Bush leaves office next year.
January 14, 2008Wholesale Inventories Rise 0.6%
Wholesale inventories rose 0.6% in November, while sales jumped 2.2%, the Commerce Department said Thursday.
January 10, 2008Jobless Claims Fall by 15,000
Initial jobless claims fell by 15,000 for the week ended Saturday to 322,000, a two-month low, the Labor Department said Thursday.
January 10, 2008I-4 Closed in Florida Following Pileup
A 15-mile stretch of Interstate 4 in central Florida remained closed early Thursday after a 70-vehicle crash Wednesday caused by fog and smoke from a brush fire, the Associated Press reported.
January 10, 2008Oil Prices Continue Slide, to Near $94 a Barrel
Oil prices continued a downward trend Thursday, falling to near $94 a barrel just a week after broaching the $100 level for the first time, Bloomberg reported.
January 10, 2008Con-way Rebrands CFI Truckload Unit
Con-way Inc. said Thursday it changed the name of its truckload operating unit Contract Freighters Inc. to Con-way Truckload.
January 10, 2008