Ryder to Buy Lily’s Truck Leasing Business
Ryder System said Wednesday it will buy the truck leasing business of Lily Transportation Corp., a Northeast regional transportation services company based in Needham, Mass.
December 20, 2007Jobless Claims Rise for Week
Initial jobless claims rose by 12,000 last week to 346,000 last week, the Labor Department said Thursday.
December 20, 2007NMFTA’s Pugh Resigns as Executive Director
Bill Pugh, executive director and general counsel of the National Motor Freight Traffic Association, resigned the post he has held for the past six years, NMFTA said.
December 19, 2007UP Lowers Fourth-Quarter Earnings Forecast
Union Pacific Corp. cut its earnings forecast for the fourth quarter, citing higher diesel fuel costs and a delay in recovering its fuel surcharges.
December 19, 2007ATA Testifies in Support of Hours-of-Service Rule
American Trucking Associations testified Wednesday before a Senate subcommittee in support of the Federal Motor Carrier Safety Administration’s hours-of-service rule, but two groups opposing the regulation challenged the agency.
December 19, 2007Some NYC Tolls to Rise
Tolls will rise on some New York City bridges and tunnels next year after the city’s mass-transit agency approved an increase, Bloomberg reported Wednesday.
December 19, 2007Bush Signs Energy Legislation Into Law
President Bush signed into law Wednesday legislation that will require wider use of alternative fuels, calling it a major step toward energy independence, the Associated Press reported.
December 19, 2007Final Rule on EOBRs Expected in New Year, FMCSA’s Hill Says
The Federal Motor Carrier Safety Administration will publish its final rule on electronic onboard recorders during 2008, Administrator John Hill said.
December 19, 2007Editorial: Reaffirming the HOS Rules
Kudos to the Federal Motor Carrier Safety Administration for reaffirming its new hours-of-service rules for commercial drivers and removing much of the uncertainty that has hung over these rules since the recent court action vacating portions of it.
December 19, 2007DOT Seeks Technology to Improve Safety, Reduce Congestion
The Department of Transportation said Tuesday it is asking private industry, research organizations, and state and local governments for commercially available technology to fight congestion and improve the safety within the U.S. transportation system.
December 19, 2007