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Obama Nominates Senate Aide Strickland to Become Next NHTSA Administrator

President Obama has nominated David Strickland to be the next administrator of the National Highway Traffic Safety Administration, the White House announced.

December 14, 2009

FedEx to Raise Rates by 4.9%

FedEx Corp. said it will raise Ground and 窪蹋勛圖厙 Delivery rates by an average of 4.9% in 2010 and also reported that its fiscal second-quarter earnings will be higher than Wall Street expectations, mostly because of volume growth.

December 14, 2009

Steep Worldwide Ocean Shipping Slowdown Forces Truckers to Alter Handling of Boxes

Early in 2008, when forecasts called for a continued, long-term rise in ocean shipping activity, many maritime companies accelerated the building of new vessels and leased as many containers as they could obtain.

December 14, 2009

Diesel Down 0.3瞽 to $2.772 After Fifth Straight Decline

The U.S. diesel average inched down another 0.3 cent to $2.772 a gallon last week, the fifth straight decline, the Department of Energy reported.

December 14, 2009

FMCSA to Propose Broader Use of EOBRs to Monitor Drivers

WASHINGTON The Federal Motor Carrier Safety Administration is preparing to propose requiring a much larger population of carriers to use electronic onboard recorders to monitor driver hours-of-service than it earlier envisioned, an agency official said.

December 14, 2009

405 Fleets Fail in 3rd Quarter

Trucking company failures during the third quarter markedly trailed the record pace for last year, as freight demand stabilized and showed early signs of a coming improvement in rates, according to a new report from Avondale Partners.

December 14, 2009

Companies Bring Back Some Benefits as Economy Improves

Companies including FedEx Corp. have begun reinstating some employee benefits as the economy has shown signs of improvement, USA Today reported Friday.

December 11, 2009

Consumer Confidence Improves in December

U.S. consumer confidence improved in December for the first time in three months, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

December 11, 2009

Business Inventories Rise for First Time in a Year

Business inventories rose in October for the first time in a year, the Commerce Department said Friday.

December 11, 2009

Intermodal Traffic Falls for Week

U.S. intermodal rail traffic dropped 4.2% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.

December 11, 2009