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News Briefs - Nov. 12
Preliminary Consumer Sentiment Index Rises in October • Business Inventories Rise 0.1% in September • Groups Condemn Proposal by Canadian Trucking Alliance • Shortage of Drivers Leads to Delays in Montana • And more...
November 12, 2004DOT Orders FedEx to Repay $29 Million
FedEx Corp. said Friday the Department of Transportation had ordered the company to repay $29 million of the funds its air freight unit, FedEx Express, received under the 2001 Air Transportation Safety and System Stabilization Act.
November 12, 2004Retail Sales Rise 0.2% in October
Retail sales in the United States rose 0.2% in October, while sales excluding motor vehicles posted the biggest jump since May.
November 12, 2004TL Carriers Say Fuel Costs, Driver Pay Hurt 3Q Profits
Truckload carriers said driver pay increases and inability to recoup sharply rising fuel costs tempered their profits during the third quarter, even as they pushed profits sharply higher amid strong freight volumes and tight capacity.
November 12, 2004FMCSA Proposes Using Electronic Data to Verify HOS
The Federal Motor Carrier Safety Administration proposed expanding the types of information that can be used to verify drivers’ hours-of-service logs to include electronic data, the agency said last week.
November 12, 2004Opinion: Shortcut to Supply Chain Success
Click here to write a Letter to the Editor. key for shippers to maintaining a competitive edge in today’s market lies in finding ways to trim transportation costs while increasing service levels to customers.
November 12, 2004UAW, Detroit Diesel Reach Tentative Agreement
The United Auto Workers union reached a tentative agreement with DaimlerChrysler AG's Detroit Diesel Corp. on Wednesday, ending a brief strike by more than 1,300 workers, news services reported.
November 11, 2004Letter to the Editor: Chassis Ruling Delay
Click here to write a Letter to the Editor. f course the federal government wants to delay the implementation of this contentious issue.
November 11, 2004News Briefs - Nov. 11
Boston's 'Big Dig' Project Suffering From Leaks • Delphi Delays Earnings Report Due to SEC Probe • Freight Railroads Announce Cooperative Agreement • Report: Revenues Increasing for Many Canadian Trucking Firms • And more...
November 11, 2004News Briefs - Nov. 10
Trailer Bridge Swings to Profit in 3Q • Jobless Claims Rise 2,000 in Latest Week • Trade Gap Narrows to $51.6 Billion in September • Ashcroft, Evans Resign From Bush's Cabinet • And more...
November 10, 2004