Large Truckload Turnover Rate Rises
Driver turnover at large truckload carriers climbed to its highest point in more than a year, rising six percentage points to an annualized rate of 127% in the first quarter, American Trucking Associations said.
June 25, 2007Delphi, UAW Reach Tentative Pact
Auto parts maker Delphi Corp. said Friday it had reached a tentative agreement with the United Auto Workers union covering work plans, transitions and other issues.
June 22, 2007N.Y.C. Fee Plan on Hold
(Click here to write a Letter to the Editor.) New York state lawmakers are bucking at a plan backed by both Gov. Eliot Spitzer and New York City Mayor Michael Bloomberg for new “congestion fees” on cars and trucks that operate in the heart of the city during peak business hours, news reports said Friday.
June 22, 2007Senate Passes Energy Bill
The Senate passed a comprehensive energy bill late Thursday that raises average auto fuel efficiency standards, but the measure did not include a tax on oil companies that would have boosted alternative fuel development, Agence France-Press reported.
June 22, 2007FedEx Drivers in Mass. Gain Union Certification
FedEx Corp. drivers in Massachusetts received certification as members of the Teamsters union, the first unit in the company’s home-delivery network to get that recognition, Bloomberg reported.
June 22, 2007CTA Cites Border Concerns
The Canadian Trucking Alliance said it sees some positives in the U.S. cross-border passport rules, but still has concerns about the implications for cross-border truck traffic between the United States and Canada.
June 22, 2007Rail, Intermodal Levels Fall
Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said.
June 21, 2007Philadelphia Factory Index Rises in June
Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.
June 21, 2007Leading Economic Indicators Rise in May
An index of leading economic indicators rose in May, the New York-based Conference Board said Thursday.
June 21, 2007Xata Gets $6 Million in Funding
Onboard computer maker Xata Corp. said it had received $6 million in new funding from private equity firm Trident Capital.
June 21, 2007