Senate Confirms Gina McCarthy as EPA Administrator
The Senate on Thursday confirmed President Obama’s nominees to lead the Environmental Protection Agency and Department of Labor, news services reported.
July 22, 2013Bill Would Boost Carriers’ Insurance Minimums Nearly 500%
A House bill would increase the minimum liability insurance trucking companies must have to $4,422,000, from the current $750,000, which hasn’t changed in 33 years.
July 22, 2013EFS Launches Upgraded Interface for McLeod Dispatch Software
Corporate payment company Electronic Funds Source said Monday it has launched an upgraded interactive interface with McLeod Software’s dispatch software.
July 22, 2013Postal Service Renews Call for Five-Day Delivery
The U.S. Postal Service said it has again asked Congress to allow for a five-day delivery schedule as part of its five-year business plan.
July 22, 2013Oil Falls From Highest Level in 16 Months on Weak Home Sales
Oil prices fell from a 16-month high Monday on reports of weaker existing home sales, Bloomberg News reported.
July 22, 2013Existing Home Sales Decline 1.2% in June
Existing home sales fell 1.2% in June due to lack of supply, the National Association of Realtors said Monday.
July 22, 2013Mass. Governor Vetoes Transportation Bill
Massachusetts Gov. Deval Patrick (D) has vetoed a transportation funding bill, saying the state Legislature did not fulfill his request to offset a loss of tolls from the Massachusetts Turnpike, the Associated Press reported.
July 22, 2013Hino Trucks Begins Preventive Service Care Program
Hino Motor Sales USA, Novi, Mich., said it has begun a preventive service care program for its diesel trucks.
July 22, 2013AIPBA Files Federal Suit Against FMCSA to Stop Hike in Broker Bonds to $75,000
The Association of Independent Property Brokers & Agents has filed a federal lawsuit claiming a requirement to increase broker bonds to $75,000 from $10,000 violates the Fifth Amendment right to due process.
July 22, 2013TT100: Fleets Hauling More Freight Than Ever But Robust Profits Elusive
The largest trucking companies in the United States and Canada are hauling more freight than ever, but the slow pace of economic growth and the costs associated with increased government regulation is making it more difficult for many carriers to add capacity and invest in new equipment.
July 22, 2013