YRC, Union Reach Tentative Deal to Save Cash, Give ‘Job Security’
YRC Worldwide said it has reached a new cost-cutting agreement with the Teamsters union and hired a financial adviser to work with key lenders as part of a broad effort to boost the carrier’s cash position.
July 13, 2009FHWA Chooses Deputy Administrator
Gregory Nadeau, a former official with the Maine Department of Transportation, was appointed deputy administrator of the Federal Highway Administration, the U.S. Department of Transportation announced July 1.
July 13, 2009Navistar: EPA Conspired With SCR Engine Makers
Truck and engine manufacturer Navistar Inc. has accused the Environmental Protection Agency of attempting to remove documents from official records and allowing the Engine Manufacturers Association to write the draft of its selective catalytic reduction guidance document for 2010 “in secret collaboration with certain engine makers.”
July 13, 2009Nominations Open for ATA’s Mike Russell Trucking Image Award
American Trucking Associations has opened the nomination process for its Mike Russell “Good stuff” Trucking Image Award, an award that honors people who contribute to positive awareness of the trucking industry.
July 10, 2009Intermodal, Rail Traffic Decline
Intermodal rail traffic fell 12.8% last week compared with the same week last year, the Association of American Railroads said.
July 10, 2009DOT Freight Index Falls 14.8% in May
The Department of Transportation said its freight transportation services index fell 14.8% in May from a year earlier to its lowest level in 12 years.
July 10, 2009ATA Cites Infrastructure Needs Raised by Traffic Study
American Trucking Associations said the results of a new highway traffic congestion study highlight the importance of investing in U.S. highway infrastructure.
July 9, 2009Traffic Delays Fell in 2007
U.S. drivers spent less time in traffic delays in 2007 for the first time in at least 25 years, a new study showed.
July 8, 2009Regulators Considering Tighter Oil-Market Rules
U.S. and European regulators are considering stricter rules on speculation in oil markets due to concerns that sharp rises in fuel prices could worsen the global recession, the Wall Street Journal reported Wednesday.
July 8, 2009Virginia to Close 18 Rest Areas This Month
The Virginia Department of Transportation will close 18 of the state’s highway rest areas later this month, but the truck parking spaces lost will be replaced at other rest areas, the Associated Press reported.
July 7, 2009