FMCSA Opens Border to Mexican Trucks
The Federal Motor Carrier Safety Administration said Thursday that two trucking companies — one Mexican, the other from the United States — have been selected to initiate the two nation’s cross-border demonstration project.
September 7, 2007OOIDA Sues Over Mexican Trucks Plan
The Owner-Operator Independent Drivers Association said Friday it filed suit to block the Department of Transportation’s pilot program to allow some Mexican trucks to run in full United States.
September 7, 2007Eaton to Restructure Units’ Reporting
Vehicle parts manufacturer Eaton Corp. said Friday it will realign its financial reporting structure, increasing the number of business segments reported from four to six, to reflect the company’s growth and changing mix of businesses.
September 7, 2007Payrolls Dip by 4,000; Unemployment Rate Holds at 4.6%
The U.S. lost 4,000 jobs in August for the first time in four years, and the unemployment rate held at 4.6% from July, the Labor Department said Friday.
September 7, 2007Calif. Eyes New Emissions Regs for Trucking, Ports
California regulators proposed new emissions rules for the state’s ports and the trucking industry, designed to begin compliance with ambitious “greenhouse gas” emissions reduction law, the Contra Costa Times reported Friday.
September 7, 2007Rail, Intermodal Traffic Decline
Rail and intermodal freight traffic were down from a year ago for the week ended Saturday, the Association of American Railroads said.
September 7, 2007DHL Signs Transport Contract With Wal-Mart
DHL said Thursday it signed a three-year agreement with Wal-Mart Stores to provide air express and ground shipping throughout the United States, supporting the retail giant's 4,000 stores nationwide.
September 6, 2007ISM Services Index Unchanged In August
The U.S. economy’s service sector growth in August held at the same level as the previous month, the Institute for Supply Management said Thursday.
September 6, 2007Oil Tops $76 a Barrel
Crude oil rose to a five-week high Thursday, topping $76 a barrel and approaching the all-time high set in late July, Bloomberg reported.
September 6, 2007UTi Worldwide’s 2Q Income Dips
Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal second-quarter net income fell 20% to $27.7 million or 28 cents a share, from $34.5 million or 35 cents a year ago.
September 6, 2007