SEC Issues Guidelines to Help Companies Assess Effects of Climate-Change Laws, Rules
The Securities and Exchange Commission for the first time has voted to issue guidelines to help public companies decide whether climate change laws and regulations will have a material effect on their businesses.
February 8, 2010UPS Posts $757 Mln. Profit as Air Shipments Increase
UPS Inc. said it benefited from a sharp increase in December air shipments out of Asia and a busy holiday season to post profits for the fourth quarter and the full year.
February 8, 2010TMC Meeting Offers ‘Glimpse’ Of Technology, Fleet Guidance
Fleet maintenance professionals in Tampa, Fla., are taking in a glimpse of future trucks while discussing tips for management in the present at the Technology & Maintenance Council annual meeting, through Feb. 12.
February 8, 2010Bankrupt IdleAire Inc. Closes Down After 10 Years of Offering Idle-Reduction Facilities at Truck Stops
IdleAire Inc., which used federal funds to help build equipment to reduce truck-stop idling and increase drivers’ off-duty comfort, shut down abruptly on Jan. 29.
February 8, 2010Obama Plan for High-Speed Rail Raises Concerns at Freight Firms
The Obama administration’s $8.5 billion plan to advance U.S. high-speed rail programs is being questioned by trucking interests and the freight railroads whose tracks would host most of the new services, officials in both industries said.
February 8, 2010Diesel Drops 5.2¢ to $2.781 in 3rd Straight Weekly Decline
The U.S. retail diesel average dropped 5.2 cents to $2.781 a gallon last week, the third straight weekly drop, the Department of Energy reported.
February 8, 2010Big Snowstorm Bears Down on Mid-Atlantic Region
A big snowstorm barreling into the Mid-Atlantic region Friday is going to affect the busy freight corridors of Interstates 80, 81 and 95 and has already prompted airports to cancel many weekend flights, news reports said.
February 5, 2010YRC Reports Smaller Fourth-Quarter Operating Loss
YRC Worldwide said Friday its fourth-quarter operating loss was $95.4 million, compared with an operating loss of $335.3 million a year earlier.
February 5, 2010Volvo Reports 4Q Loss; Sees Market Growth in 2010
Volvo AB reported a fourth-quarter loss Friday but predicted that economic recovery will expand the market for its trucks, Bloomberg reported.
February 5, 2010Unemployment Rate Falls to 9.7% in January
The U.S. unemployment rate dropped to 9.7% in January, the lowest level since August, the Labor Department said Friday.
February 5, 2010