Firms See Capacity Curbed By Rising Costs, Regulation
PHILADELPHIA — The combination of rising truck equipment costs, the driver shortage and increased government regulation is forcing shippers to confront a new reality: Capacity is no longer “infinite,” and new ways to improve efficiency must be found, several industry experts said last week at the Council of Supply Chain Management Professionals annual conference.
October 10, 2011AAA Files Suit Against N.Y.-N.J. Authority; Claims Bridge, Tunnel Toll Hikes Are Illegal
AAA has filed a lawsuit to reverse recent toll increases on bridges and tunnels connecting New York City to New Jersey and to stop future planned increases as well.
October 10, 2011Trailer Orders Gain 10%; Analysts Say Market Easing
Trailer manufacturers said they received 12,524 net orders in August, a 10% increase from a year ago, but below July’s level, ACT Research Co. reported last week.
October 10, 2011Turnover at the Top: New Presidents Take the Helm at Con-way, ABF
The less-than-truckload industry is undergoing a changing of the management guard with the recent appointments of new presidents at two of the nation’s largest carriers, ABF Freight System and Con-way Freight.
October 10, 2011NTTC Asks LaHood to Halt Rulemaking On Wetlines Procedures, Tanker Design
The National Tank Truck Carriers has asked the U.S. transportation secretary to stop the rulemaking process on two cargo-tank regulations it said are not needed and “would actually harm the safe transportation of hazardous materials.”
October 10, 2011Diesel Declines to $3.749 as Fuel Demand Weakens
The average price of retail diesel declined 3.7 cents to $3.749 a gallon, its lowest level since February, the Department of Energy reported.
October 10, 2011Trucking Adds 2,600 Jobs; Unemployment Rate Holds at 9.1%
The unemployment rate held at 9.1% in September, while the economy added 103,000 jobs, including 2,600 trucking jobs, the Labor Department said Friday.
October 7, 2011Intermodal Traffic Rises 4.4% for Week
U.S. intermodal traffic rose 4.4% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.
October 7, 2011Wholesale Inventories Rise 0.4% in August
Wholesale inventories rose 0.4% in August, the Commerce Department said Friday.
October 7, 2011XPO Logistics Plans $500 Million Share Sale
XPO Logistics Inc. intends to sell as much as $500 million in securities to the public, the firm said in a Securities and Exchange Commission filing.
October 7, 2011