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News Briefs - Aug. 6
EGL Reports Higher 2Q Profits • Old Dominion Offers Guidance on 3Q • Rail Intermodal Traffic Remains Strong • NHTSA Seeks Comment on Report
August 6, 2004Railroads Increase Surcharges for Intermodal Shipping
With the peak shipping season for intermodal containers set to begin this month, railroads are making seasonal rate hikes, but the increases may stay in place after the peak, shipping executives said last week.
August 5, 2004Letter to the Editor: 3PL Performance
Click here to write a Letter to the Editor. hird-party logistics providers are now blazing a transportation trail unmatched in the last 50 years. They have invested heavily in people and technology and have a significant place in the logistics departments of more than a few Fortune 500 companies.
August 5, 2004Price of Oil Sets Record for Fifth Straight Day
The price of crude oil futures in New York surged to a record for a fifth straight day session on concern spare production capacity isn't available to substitute for a possible disruption of shipments from OAO Yukos Oil Co., Russia's biggest exporter, news services reported.
August 5, 2004U.S. Agencies Report No Action Two Weeks After HOS Ruling
More than two weeks after a federal appeals court decision overturned the Department of Transportation’s revised hours-of-service regulations for truck drivers, neither the Federal Motor Carrier Safety Administration, the DOT nor the Justice Department had taken any specific action on what the government might do next, lawyers and spokesmen for the agencies said.
August 5, 2004News Briefs - Aug. 5
Allied Holdings Posts Loss in 2Q • Jobless Claims Fall by 11,000 in Latest Week • Goodyear Earns $25 Million on Record Revenues • OPEC Says It's Ready With Spare Oil Capacity • And more...
August 5, 2004Factory Orders Increase 0.7% in June
Orders at U.S. factories rose 0.7% in June, the second straight monthly increase, the Commerce Department said Wednesday..
August 4, 2004Price of Oil Hits Another Record, Before Dropping on Gasoline Supply Increase
The price of crude oil fell futures in New York briefly set a new record on Wednesday before falling back after the Department of Energy said U.S. inventories of gasoline increased in the latest week.
August 4, 2004ºÚÁϳԹÏÍøland Security Department Cites Port, Border Drayage as Risks
WASHINGTON — Port and border drayage truck drivers could pose a security risk that is difficult to manage, a Department of ºÚÁϳԹÏÍøland Security official told reporters and transportation officials.
August 4, 2004Opinion: For Hire -- New FMCSA Rules Apply
Click here to write a Letter to the Editor. wo new rules from the Federal Motor Carrier Safety Administration could soon have a substantial impact on the way motor carriers hire new drivers and put them to work. Known as the Safety Performance History (SPH) and Driver Investigation History Files (DIHF) regulations, here are a few suggestions to help separate the bark from the bite.
August 4, 2004