FedEx Corp.’s fourth-quarter profit increased from a year ago on higher package volume and an improving economy, the company said Wednesday.
June 16, 2010Search
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Housing Starts Decline 10% in May
Housing starts fell in May following the expiration in April of a home sales tax credit, the Commerce Department said Wednesday.
June 16, 2010Producer Price Index Drops 0.3%
Prices paid to U.S. producers decreased 0.3% in May, the Labor Department said Wednesday.
June 16, 2010Scania Expands Dealerships in Iraq
Swedish truck maker Scania AB opened its second dealership in Iraq and seeks to start another one this year as the country’s reconstruction spurs demand, Bloomberg reported.
June 16, 2010OOIDA Plans EOBR Rule Challenge
The Owner-Operator Independent Drivers Association filed notice that it will challenge a new federal rule requiring fleets with poor hours-of-service records to use electronic onboard recorders to monitor drivers.
June 18, 2010Oil Slips from One-Month High But Remains Over $77 a Barrel
Oil slipped early Thursday from a one-month high but remained over $77 a barrel, Bloomberg reported.
June 17, 2010Opinion: Driver Retention Is Not That Easy
Treat drivers with respect” is advice many self-proclaimed retention experts offer as the sole solution to high driver turnover. That’s like advising carriers not to lower their rates during a recession: It’s just not that easy.
June 18, 2010Import Prices Fall 0.6% in May
The price of goods imported to the United States fell 0.6% in May as oil prices declined, the Labor Department said Tuesday.
June 15, 2010New York ‘Empire State’ Manufacturing Index Improves
Manufacturing activity in the New York region improved this month, showing positive activity for the 11th straight month, the Federal Reserve Bank of New York said Tuesday.
June 15, 2010Truck Tolls Set for Maryland’s New Connector Highway
Large trucks will pay about $1.50 a mile to travel peak hours on the first segment of Maryland’s Intercounty Connector, scheduled to open by early next year.
June 15, 2010