FMCSA Finalizes Driver Tracking Plan, Aims to Launch Safety Analysis in 2010
NEW ORLEANS — The Federal Motor Carrier Safety Administration is in the final stages of preparing its Driver Information Resource for use by trucking companies, an agency official said here.
October 15, 2008Velocity Express Reports 4Q Loss
Velocity Express Corp. said Wednesday it lost $44.1 million, or $15.33 a share, in its fiscal fourth quarter, compared with a loss of $6.2 million, or $3.07, a year earlier.
October 15, 2008Retail Sales Fall by Most in Three Years
Retail sales fell 1.2% in September, the biggest drop in three years, led by a steep drop in automobile sales, the Commerce Department said Wednesday.
October 15, 2008September Producer Prices Drop 0.4%
Prices paid to U.S. producers fell 0.4% in September, while the rate excluding food and energy rose, the Labor Department said Wednesday.
October 15, 2008New York Manufacturing Index Drops to Record Low
Manufacturing growth in New York state declined in October to the lowest level since the index started in 2001, the Federal Reserve Bank of New York said Wednesday.
October 15, 2008CSX’s Third-Quarter Income Declines
Eastern freight railroad CSX Corp. reported its third-quarter net income fell from a year ago, but posted record income from continuing operations for the period.
October 15, 2008Tech Execs Expect Broader Mandates When FMCSA Issues EOBR Final Rule
NEW ORLEANS — The Federal Motor Carrier Safety Administration’s final rule governing electronic onboard recorders may change significantly from the proposal the agency issued in 2007, executives of several technology firms said.
October 14, 2008Daimler to Drop Sterling Brand, Close Plants in Ontario, Oregon
Daimler Trucks North America said Tuesday it will discontinue its Sterling Trucks brand in March, eliminate 3,500 jobs and close two North American factories in an effort to streamline operations.
October 14, 2008J.B. Hunt’s Third-Quarter Income Improves
Truckload carrier J.B. Hunt Transport Services said Tuesday its third-quarter net income rose 19% to $60.3 million, or 47 cents a share, from $50.8 million, or 38 cents, a year ago.
October 14, 2008Navistar Unveils New Hybrid Truck
Navistar International Corp. said Tuesday it is unveiling a new hybrid truck, the International DuraStar Hybrid tractor, which it is targeting to general freight haulers and food and beverage distributors.
October 14, 2008