Trucking Sheds 3,500 Jobs in June
Trucking lost 3,500 jobs in June, while U.S. employers added 195,000 workers to payrolls, the Labor Department reported.
July 8, 2013Derailment of Freight Train Carrying Crude Oil Causes Huge Explosion in Quebec
Rescuers continued searching Monday for about 40 people missing after a huge weekend freight train crash in Quebec in which at least five railcars loaded with crude oil exploded after becoming untethered, the Associated Press reported.
July 8, 2013Oil Slips From 14-Month High to Near $102
Oil fell from a 14-month high to near $102 a barrel Monday after finishing at more than $103 last week, Bloomberg News reported.
July 8, 2013May Trailer Orders Decline 1%
U.S. orders for new trailers dipped by 1% in May to 14,428 units, the fifth decline in seven months, according to ACT Research Co.
July 8, 2013Sales of Used Trucks Drop 3.3% in May
Used Class 8 truck sales slipped 3.3% in May from a year earlier, but average pricing held steady, ACT Research reported.
July 8, 2013Westport Seeks to Push Carriers to Adopt Natural Gas Engines
VANCOUVER, British Columbia — In a number of small buildings scattered around the outskirts of this burgeoning city, a young public company is working away at helping lead the trucking industry to natural gas.
July 8, 2013Theft Replaces Terrorism as Geofencing’s Target
Geofencing, the ability to use tracking or communications systems to alert carriers if a truck goes off its specified route, originally was touted for its anti-terrorism potential.
July 8, 2013Fleets Say Natural Gas Is Cost Competitive in Spite of Large Equipment Premiums
WASHINGTON — From a dollars and cents viewpoint, natural gas is an effective alternative to diesel, early adopters of the fuel insist.
July 8, 2013Truck Credit Becoming Easier as More Banks Lend, Fleets Say
Obtaining financing for truck purchases is becoming easier, with more banks returning to a market that had been dominated by manufacturers’ finance arms, according to several lenders and fleet executives.
July 8, 2013Teamsters Approve Deal With ABF, But Several Side Pacts Rejected
Teamsters employees at ABF Freight System approved a new master contract, but additional talks will be required later this month because some side agreements were rejected.
July 8, 2013