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TIA Unveils Broker-Carrier Model Contract

The Transportation Intermediaries Association said Monday it has unveiled a model broker-carrier contract to promote best practices between brokers and carriers.

June 5, 2006

Small Fleets Look to Greater Use of Tracking Systems

Several executives with small fleets said they’re expanding their use of onboard tracking systems to help minimize fuel costs and monitor tractor and trailer assets.

June 5, 2006

Technology Briefs — May 31 - June 5

Boeing, FedEx Testing RFID Tags on Aircraft • Iowa Governor Signs Renewable Fuels Law • Descartes Systems Announces Record 1Q Results • Tennessee Seen as Potential Biodiesel Hub

June 5, 2006

Some Refiners Delay Production as June ULSD Deadline Arrives

The Environmental Protection Agency’s deadline for U.S. fuel refiners to begin making ultra-low-sulfur diesel was June 1, but not all refiners said they would make the fuel immediately.

June 5, 2006

Navistar to Restate Financials; Plans New Engine Venture

Navistar International Corp., which has not issued earnings statements since September, said Friday that an internal audit found no evidence of fraud and said it plans to file an annual report for this fiscal year by January 2007.

June 2, 2006

Pacer International Promotes Two Executives

Transportation and third-party logistics firm Pacer International said Thursday it had promoted Tom Shurstad to be its new president.

June 2, 2006

Payrolls Rise Less than Forecast; Unemployment Dips to 4.6%

U.S. payrolls rose by 75,000 in May and the unemployment rate inched down to 4.6%, the Labor Department reported Friday.

June 2, 2006

April Factory Orders Drop 1.8%

U.S. factory orders fell 1.8% in April, the Commerce Department reported Friday.

June 2, 2006

OPEC Agrees to Maintain Oil Production Quotas at Record Level

OPEC ministers meeting in Caracas, Venezuela, Thursday agreed to keep production quotas unchanged at a record high level in an effort to ease prices, Bloomberg reported.

June 2, 2006

ISM Manufacturing Index Declines in May

The Institute for Supply Management’s manufacturing index slowed in May, the group said Thursday.

June 2, 2006