Canadian Pacific Reports Higher Earnings
Canadian Pacific Railway said it earned C$218.6 million or C$1.41 a share, up from $163.8 million or C$1.04 a year earlier.
October 30, 2007Consumer Confidence Declines in October
U.S. consumer confidence fell in October, the New York-based Conference Board said Tuesday.
October 30, 2007Letters to the Editor: Hours of Service, Border Debate, I-80 Tolls, Diesel Prices
I have always found it amazing in my 20 years in this industry that the federal and state governments try to pigeonhole every driver into the same rules.
October 30, 2007OPEC Says Oil Will Not Reach $100 Soon
OPEC said current record crude oil prices do not reflect the group’s objectives and that oil is not likely to reach $100 a barrel soon, Bloomberg reported Tuesday.
October 30, 2007Congress May Require Safety Technology in 2009 Highway Bill, FMCSA’s Hill Says
ORLANDO, Fla. — John Hill, head of the Federal Motor Carrier Safety Administration, suggested the 2009 highway reauthorization package could include a mandate for fleets to install safety technology on their trucks, regardless of who wins the next presidential election.
October 29, 2007Oil Tops $93 a Barrel
Crude oil climbed above $93 a barrel for the first time in intraday trading Monday, after Mexico shut 20% of its production, Bloomberg reported.
October 29, 2007YRC’s Zollars Cites Concerns on Economy
YRC Worldwide Chairman and Chief Executive Officer Bill Zollars said he sees no sign that a yearlong slump in U.S. trucking will ease, Bloomberg reported.
October 29, 2007UAW Approves Chrysler Contract
The United Auto Workers narrowly approved a proposed contract with Chrysler LLC, Bloomberg reported.
October 29, 2007Trucking Faces Challenges, ATA Says
ORLANDO, Fla. — Trucking executives going through a recession in their industry heard predictions that more hard times for them lay ahead in politics and the economy, but remained optimistic and prepared to take an active role in shaping their future.
October 29, 2007ATA to Push Climate Initiative
ORLANDO, Fla. — Executives with American Trucking Associations endorsed a program aimed at tying several key trucking-industry issues to growing political concern about global warming.
October 29, 2007