NTSB Recommends Video Recorders on Heavy Trucks and Buses
The National Transportation Safety Board on April 29 issued a recommendation that heavy truck and bus fleet operators deploy in-cab video system recorder technology to monitor their drivers.
April 30, 2015Old Dominion Net Income Rises; YRC Worldwide Cuts Loss
Old Dominion Freight Line Inc. improved first-quarter net income 36% to $62.5 million, or 73 cents per share, and YRC Worldwide Inc. cut its loss to $21.6 million, or 70 cents.
April 30, 2015Rep. Paul Ryan Says Short-Term Highway Patch to Be Unveiled in Three Weeks
WASHINGTON — Rep. Paul Ryan (R-Wis.), chairman of the tax-writing committee in the House, said April 30 that in about three weeks he will unveil a short-term measure that would keep highway programs funded for several months, or probably through the end of the year.
April 30, 2015Jobless Claims Drop to Lowest Level in 15 Years
Applications for U.S. jobless benefits declined last week to the lowest level in 15 years, showing employers view a first-quarter slowdown in the economy probably is temporary.
April 30, 2015Consumer Spending Ends Sluggish Quarter on Positive Note
Consumer spending climbed in March, capping a lackluster first-quarter performance that was enough to keep the U.S. economy from shrinking.
April 30, 2015Four Fleets Improve First-Quarter Earnings
Four fleets reported improved first-quarter earnings, topped by a 69% increase at Con-way Inc. and 47% better results at Saia Inc.
April 29, 2015Rep. Hanna Criticizes HOS Study Researchers
WASHINGTON — Rep. Richard Hanna (R-N.Y.) said he does not think a university reviewing a recently suspended hours-of-service rule for truckers will reach a fair conclusion when it unveils its report later this year.
April 29, 2015Finance Panel Democrats Press for Highway Funding Hearing
The 12 Democrats on the tax-writing Senate Finance Committee called on the panel’s chairman to hold a hearing to explore ways for keeping highway programs funded after May.
April 29, 2015Reactions: XPO Logistics Acquisition of Norbert Dentressangle for $3.53 Billion
Reactions to XPO Logistics' $3.53 billion acquisition of French logistics company Norbert Dentressangle SA for $3.53.
April 29, 2015Daimler to Add Third Shift, 600 Workers at N.C. Truck Plant
Daimler Trucks North America plans to “sharply increase production and employment levels” at its Mount Holly, North Carolina, truck manufacturing plant over the next three months.
April 29, 2015