TCA, Natso to Focus on Economic Recovery, Government Regulations During Meetings
Hopes for an economic recovery and the looming threat of government regulations will be main themes as the Truckload Carriers Association and Natso, the national association representing truck stops and travel plazas, hold their annual conferences from Feb. 27 to March 3 at separate locations in Las Vegas.
February 15, 2010LTL Market Stabilizes in 4Q as Fleets See Growth Ahead
The long-depressed less-than-truckload market has stabilized and is showing initial signs of modest growth, LTL carriers said in fourth-quarter earnings statements.
February 15, 2010YRC Reduces 4Q Loss
YRC Worldwide Inc.’s loss from operations narrowed in the fourth quarter to $95 million from $135 million a year earlier as Chief Executive Officer William Zollars said the less-than-truckload company would continue the improving trend this year.
February 15, 2010ATA’s Hodges, Navistar’s Hebe Differ on Trucking’s Future
TAMPA, Fla. — A major truck-making executive and the chairman of American Trucking Associations offered differing views on the future of trucking, but both agreed that federal regulation of business is generating unwelcome distortions of how firms can operate.
February 15, 2010Diesel Dips 1.7¢ to $2.835, AAA Says
Diesel prices largely held steady last week, with the national average price per gallon at $2.835, falling just 1.7 cents from the previous week, according to AAA’s daily price report for Feb. 11.
February 15, 2010Diesel Falls 1.2¢ to $2.769 in Fourth Straight Decline
Diesel’s national average price dropped 1.2 cents to $2.769 a gallon, the fourth consecutive decline, the Department of Energy said Friday.
February 12, 2010UPS May Furlough At Least 300 Pilots Unless Cost Reductions Are Identified
UPS Inc. said it plans to furlough at least 300 of its pilots if talks with the union fail to produce steps that will lower costs.
February 12, 2010Intermodal Traffic Improves for Week
U.S. intermodal rail traffic grew 5.1% last week compared with the same week last year, the Association of American Railroads said.
February 12, 2010Consumer Confidence Falls in February
U.S. consumer confidence dropped in February from a two-year high, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
February 12, 2010Retail Sales Grow 0.5% in January
Retail sales climbed 0.5% in January, the third increase in four months, the Commerce Department said Friday.
February 12, 2010