YRC Won't Apply for Bailout Funds
YRC Worldwide Inc. said it has begun a new effort to enlist U.S. government help in addressing multi-employer pension issues but that it will not be asking for a federal bailout.
FleetCor Acquires CLC to Expand Client Services
FleetCor Technologies, which operates an international network of fuel-card programs, said it has acquired Corporate Lodging Consultants from Nautic Partners of Providence, R.I., to broaden its service offerings.
YRC, Teamsters Reach Tentative Agreement on Contract Modification
YRC Worldwide and the Teamsters union have agreed tentatively on a cost-reduction package to reduce expenses, the two said.
Union Pacific Adds Low-Emission Units
Union Pacific Railroad is expanding its use of lower-emission locomotives by agreeing to conduct the rail industry’s first test of such units in regional freight service.
CSX Pays Bonuses Despite Profit Loss
CSX Corp. paid bonuses to 4,400 managers and office workers at its rail unit in two weeks after the owner of the No. 3 U.S. railroad reported a 61% decline in first-quarter profit.
Mead: Mexico Border Needs More Inspectors
The Department of Transportation should triple the number of truck inspectors at the border with Mexico to ensure that unsafe vehicles don’t enter the United States, the agency’s inspector general said.
More Truck Inspectors Needed At Mexican Border, DOT’s Mead Says
The Department of Transportation should triple the number of truck inspectors at the border with Mexico to ensure that unsafe vehicles don’t enter the United States, the agency’s inspector general said.