Obama Formally Nominates DOT, Labor Secretaries
President-elect Barack Obama Friday formally named Rep. Ray LaHood (R-Ill.) to be his Transportation Secretary and Rep. Hilda Solis (D-Calif.) to be Secretary of Labor.
December 19, 2008Cummins’ Emissions Unit Lays Off 100 at Wisconsin Plant
Diesel engine maker Cummins Inc.’s emissions subsidiary will lay off about 100 workers at a Wisconsin plant, effective immediately, because of the slumping North American truck market, the company said.
December 19, 2008Government Approves $17.4 Billion Auto Industry Bailout
The Bush administration Friday approved an emergency $17.4 billion bailout of the U.S. auto industry, offering loans in exchange for concessions from automakers and their workers, the Associated Press reported.
December 19, 2008Oil Steady Below $37 a Barrel
Oil was steady early Friday after closing Thursday below $37 a barrel on the New York Mercantile Exchange, the first time it closed below $40 in more than four years, Bloomberg reported.
December 19, 2008Ryder to Cut 700 U.S. Jobs; Scale Back International Business
Ryder System will scale back its international business and cut 700 U.S. jobs while temporarily laying off 1,425 workers and focusing its operations on the United States, Canada, Mexico and the United Kingdom.
December 19, 2008ATA Report Shows Increase in Trucking Miles
Class 8 trucks rolled up 139.3 billion miles in 2006, up from 130.5 billion in 2005, according to American Trucking Associations’ American Trucking Trends 2008-2009 report, released this week.
December 19, 2008TMA Names New President
The Truck Manufacturers Association has named Timothy Blubaugh as its president.
December 19, 2008Snow, Ice Storm Hits Northern Regions
A big winter snow storm moved from the Northwest across the Midwest and on to the East Coast Friday after dumping more than two feet of snow in some areas, the Associated Press reported.
December 19, 2008Groups File with FMCSA Against Hours-of-Service Rules
A coalition of advocacy groups including Public Citizen and the Teamsters union has asked the Federal Motor Carrier Safety Administration to reconsider key provisions of its controversial hours-of-service rule.
December 18, 2008Rep. Ray LaHood Is Obama’s Choice for DOT Secretary
President-elect Barack Obama is set to name retiring Illinois Republican Rep. Ray LaHood as his transportation secretary, several news outlets reported.
December 18, 2008