Fleets Should Expect Rising Premiums for Insurance Coverage, Experts Say
Fleets should expect rising insurance premiums, especially for property/casualty and workers’ compensation lines, executives and insurance brokers said.
November 5, 2012Study Predicts Far More New Logistics Jobs Than Qualified Workers Over Next 4 Years
U.S. companies are expected to create more than 1 million logistics-related jobs in the next four years, but educational institutions are currently turning out a small fraction of the trained workers that will be needed, a new study shows.
November 5, 2012IANA, NITL Set Agendas for Annual Meetings; Highlights Include 15 Educational Sessions
The Intermodal Association of North America and The National Industrial Transportation League will hold concurrent meetings later this month as rail/truck freight volumes remain close to the peak year of 2006.
November 5, 2012Diesel Drops 8.6¢ to $4.03; Decline Is Biggest Since Dec. 2008
U.S. average diesel prices dropped 8.6 cents last week, the largest decrease in almost four years, to $4.03 a gallon, the Department of Energy reported. Meanwhile, analysts said they were not expecting any lasting increases in prices as a result of Hurricane Sandy.
November 5, 2012UPS Pledges $1.5 Million in Storm-Recovery Aid
UPS Inc. said Friday it has pledged $1.5 million in cash and in-kind support to help recovery efforts to areas damaged by Hurricane Sandy.
November 2, 2012YRC Swings to Third-Quarter Profit
YRC Worldwide reported a third-quarter profit as its operating costs declined, the less-than-truckload carrier said.
November 2, 2012Feds, States Waive More Rules to Help Get Fuel to N.Y., N.J.
The federal government waived a shipping law and the states of New York and New Jersey waived fuel restrictions Friday as they ramped up efforts to quickly move diesel and gasoline supplies into the two states hit hardest by Hurricane Sandy.
November 2, 2012DOT Releases $12 Million to N.J., Conn., for Storm-Damaged Roads
The U.S. Department of Transportation released $10 million in emergency funds to New Jersey and $2 million to Connecticut to repair roads damaged by Hurricane Sandy.
November 2, 2012Payrolls Rise as Unemployment Rate Ticks Up to 7.9%
U.S. employers added 171,000 jobs in October and the unemployment rate ticked up a tenth of a point to 7.9% as more people entered the labor force, the Labor Department reported Friday.
November 2, 2012Factory Orders Rise in September
Factory orders rose 4.8% in September, the most since March 2011, the Commerce Department said Friday.
November 2, 2012