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Carriers Say Hours Rules, Traffic Hurt Driver Retention
Click here to write a Letter to the Editor. AN DIEGO — Federal hours-of-service rules are making it difficult to retain truck drivers, said Patrick Quinn, president of truckload carrier U.S. Xpress Enterprises Inc.
November 2, 2005PeopleNet to Unveil HOS Compliance Software in 2006
Click here to write a Letter to the Editor. xecutives at mobile communications company PeopleNet said they have upgraded a software package that will make it easier for trucking companies and drivers to comply with the Federal Motor Carrier Safety Administration’s revised hours-of-service rules.
November 2, 2005Oil Falls to Three-Month Low as Inventories Rise
Click here to write a Letter to the Editor. rude oil prices fell to a three-month low Wednesday following a Department of Energy report showed that distillate fuel inventories, which include diesel, did not fall as much as forecasted, while oil and gasoline stockpiles rose, Bloomberg reported.
November 2, 2005Diesel Price Tumbles 28.1 Cents to $2.876 a Gallon
The average U.S. retail price of diesel fuel fell 28.1 cents to $2.876 a gallon, the Department of Energy said Monday.
November 1, 2005Manufacturing Index Falls in October But Remains Strong
Click here to write a Letter to the Editor. .S. manufacturing declined in October but expanded at the second-fastest pace of the year, according to the Institute for Supply Management’s monthly factory index report released Tuesday.
November 1, 2005September Construction Spending Reaches Record Level
Click here to write a Letter to the Editor. onstruction spending rose 0.5% in September to a record level, the Commerce Department said Tuesday.
November 1, 2005Oshkosh Truck's Fourth-Quarter Income Improves
Click here to write a Letter to the Editor. pecialty truck maker Oshkosh Truck Corp. Tuesday reported it earned $42.8 million or 58 cents a share for its fourth fiscal quarter ended Sept. 30, compared with $30 million or 42 cents a year ago.
November 1, 2005Target Logistics' Fiscal 1Q Income Gains
Freight forwarder Target Logistics on Tuesday reported net income for its fiscal first quarter ended Sept. 30 was $477,078 or 2 cents a share, up from $245,723 or 1 cent a year earlier.
November 1, 2005Expeditors International of Washington's 3Q Income Rises
Logistics firm Expeditors International of Washington Tuesday reported it earned $55.8 million or 50 cents a share in the third quarter, compared with $43.1 million or 39 cents a share in the previous third quarter.
November 1, 2005GE Taps Artuso To Head Trailer Fleet Services
Joe Artuso will re-place Marty Thomas as president of General Electric’s Trailer Fleet Services business, GE said last month.
November 1, 2005