Productivity Reaches Two-Year High
Second-quarter U.S. worker productivity rose at an annual rate of 2.6%, the most in almost two years, the Labor Department said Thursday.
September 6, 2007Jobless Claims Reach Six-Month High
Initial jobless claims fell by 19,000 to 318,000 last week, the Labor Department said Thursday.
September 6, 2007Fed ‘Beige Book’ Notes Some Trucking Industry Softening
Manufacturing expanded in most U.S. regions in August, though the trucking industry saw some weaknesses related to pricing and a declining housing market, the Federal Reserve said Wednesday.
September 5, 2007EPA Backs Hybrid Technology Program for Ports
The Environmental Protection Agency announced a new project Wednesday to develop and test a new technology on large equipment used to move goods from ships to trucks.
September 5, 2007CP Buys Midwest Railroad for $1.5 Billion
Canadian Pacific Railway said it has reached an agreement to acquire Dakota, Minnesota & Eastern Railroad Corp. for $1.48 billion.
September 5, 2007Diesel Rises 3¢ to $2.893; Gas Jumps 4.7¢ to $2.796
The average national retail price of diesel climbed 3 cents to $2.893 a gallon, the Department of Energy said Tuesday.
September 5, 2007FMCSA Submits Court-Ordered Guidelines for Driver Training
The Federal Motor Carrier Safety Administration has sent its court-ordered revision of new-driver training guidelines to the White House Office of Management and Budget, and trucking industry and safety officials said they hoped the agency would publish the new rule before the end of the year.
September 5, 2007Feds Propose Rail Brake Rule
Federal rail regulators are backing a technological change that will enable trains to stop more quickly while permitting them to travel longer distances between required brake tests, the Associated Press reported Tuesday.
September 5, 2007Ryder to Manage China Operations for Italian Firm
An Italian manufacturer chose Ryder System to manage its supply chain operations in China, Ryder said late Tuesday.
September 5, 2007Opinion: HOS’ Safety Benefits Hang in the Balance
A court decision vacating two aspects of the regulations that determine the work hours of professional truck drivers could erase a rule that contributed to a 4.7% decline in large-truck-related crash deaths in 2006 — unless cooler heads prevail.
September 5, 2007