UPS Sets 4.9% Rate Increase for 2011
UPS Inc. has set a 4.9% net increase for 2011 for ground packages, air express and U.S.-origin international shipments.
November 1, 2010Teamsters Approve YRC Contract
The Teamsters union’s rank-and-file membership at YRC Worldwide ratified a new labor agreement to run through 2015 it said is aimed at saving 25,000 jobs at the less-than-truckload carrier.
November 1, 2010Wabco Reports Higher Profit in 3Q
Wabco Holdings said it earned a profit of $44 million, or 66 cents a share in the third quarter, compared with a loss of $33.8 million, or 52 cents, a year ago.
November 1, 2010U.S. Proposes Fuel, Carbon Goals in Heavy-Truck Fuel-Economy Standards
The Obama administration last week proposed the first-ever regulations to set commercial truck fuel-efficiency and carbon-emission standards.
November 1, 2010Navistar’s UAW Employees Approve Four-Year Labor Agreement
Navistar International Corp. employees represented by the United Auto Workers union approved a new four-year contract, the company said.
November 1, 2010September Tonnage Rises 5.1%, Posting 10th Consecutive Gain
Tonnage hauled by U.S. truckers in September was 5.1% greater than what they carried in the same month a year ago, the 10th consecutive month that loads have grown when compared with year-ago results, American Trucking Associations said last week.
November 1, 2010ISM Manufacturing Index Improves in October
U.S. manufacturing activity improved in October, the Institute for Supply Management said Monday.
November 1, 2010Construction Spending Rises 0.5% in September
Construction spending rose 0.5% in September, the Commerce Department said Monday.
November 1, 2010Decals Requirement for Trucks Is Ruled Illegal by FMCSA
The Federal Motor Carrier Safety Administration has ruled that it is illegal for the state of New Jersey and two local governments to require trucks to carry or display decals or other forms of identification.
November 1, 2010Consumer Spending Grows in September
Consumer personal spending increased 0.2% in September as incomes fell slightly, the Commerce Department said Monday.
November 1, 2010