Cooper Blames Apollo Tyres in Court for Delay in $2.5 Billion Buyout
Cooper Tire and Rubber Co. testified in court it could have expedited its $2.5 billion buyout by Apollo Tyres if it had been allowed to take part in union negotiations, Bloomberg News reported.
November 7, 2013Best Trucking Accounting Software 2024
If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.
S.C. Ports to Begin Clean Truck Certification Program
The South Carolina Ports Authority said it will begin a Clean Truck Certification program Jan. 1, requiring trucks to have engines manufactured in 1994 or later.
November 7, 2013Nafta Surface Trade Rises 2.5% in August
Surface trade among the United States, Canada and Mexico grew 2.5% in August from the same month last year, the Department of Transportation reported.
November 7, 2013CFTC Proposes Rule Aimed at Limiting Oil Speculation Among Traders
Oil traders would be limited in the number of positions they can hold under a proposed rule approved Nov. 5 by the Commodity Futures Trading Commission.
November 7, 2013YRC Delays Earnings, Plans Teamsters Contract Extension Talks
YRC Worldwide Inc. delayed its scheduled Nov. 7 third-quarter earnings announcement until Nov. 12 to provide more time for contract modification talks with the Teamsters as lenders press the less-than-truckload carrier to lower its costs.
November 7, 2013Out-of-Service Rate for Brake Violations Lowest in More Than 15 Years
The out-of-service rate for brake-related violations dropped to 13.5% from 15.3% last year, the lowest rate of OOS brake violations in more than 15 years, the Commercial Vehicle Safety Alliance announced last week.
November 7, 2013ATA Announces New Speakers to Technology Summit
American Trucking Associations has added featured speakers to the Executive Summit on Technology-Driven Performance, Analytics and Answers, the federation said in a Nov. 7 announcement.
November 7, 2013XRS Reports Fourth-Quarter Profit
XRS Corp. reported a profit for its fiscal fourth quarter compared with a loss a year ago.
November 7, 2013Jobless Claims Decline by 9,000 for Week
Jobless claims declined by 9,000 for the week ended Nov. 2, Bloomberg News reported.
November 7, 2013OOIDA Asks Supreme Court to Review Decision on Cross-Border Trucking Program
The Owner-Operator Independent Drivers Association has asked the U.S. Supreme Court to review an appeals court decision upholding the Federal Motor Carrier Safety Administration’s authority to operate a cross-border pilot program allowing Mexican drivers to operate throughout the United States.
November 7, 2013