Opinion: Factoring Helps, Not Hurts, Trucking Industry
This is a response to the article “Cash-Strapped Carriers Resort to Quick Pay Plans, Factoring” (10-13, p. 55). I would like to set the story straight.
November 19, 2008TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
NAFTA Trade Rose 4.5% in 2007
Trade among the United States, Canada and Mexico set a record in gaining 4.5% in 2007 from a year earlier, the Department of Transportation said Wednesday.
November 19, 2008FMCSA Sends EOBR Rule to White House for Review
The Federal Motor Carrier Safety Administration has sent its rule governing the use of electronic onboard recorders to the White House for review, in tandem with its announcement that it would leaving its hours-of-service regulation unchanged.
November 19, 2008Consumer Price Index Falls 1%; Drop Is Biggest on Record
Consumer prices fell 1% in October, the biggest decline on record, the Labor Department said Wednesday.
November 19, 2008Housing Starts Fall 4.5% in October
New housing starts declined 4.5% in October, the Commerce Department said Wednesday.
November 19, 2008Federal Bailout of U.S. Automakers May Be in Jeopardy
U.S. lawmakers were deadlocked on a plan to bail out the U.S. “big three” automakers, leaving General Motors Corp. with the prospect of running out of cash before a new Congress is sworn in next year, Bloomberg reported Thursday.
November 19, 2008FMCSA to Leave Hours-of-Service Rule Unchanged
The Federal Motor Carrier Safety Administration, in a notice to be published in Wednesday’s Federal Register, said it was making no changes to its controversial hours-of-service rule.
November 18, 2008Diesel Continues to Slide, Dropping 13.5¢ to $2.809
Diesel fuel’s national average price continued to slide, falling another 13.5 cents to $2.809 a gallon, the Department of Energy said Monday.
November 18, 2008Producer Price Index Shows Record Drop
Prices paid to U.S. producers fell by the most on record in October, falling 2.8%, the Labor Department said Tuesday.
November 18, 2008Obama May Reverse Bush Policy on Denial of Emissions Waiver
Reversing Bush administration policies, including its denial of California’s request for a waiver allowing the state to regulate automobile greenhouse-gas emissions, could be high on President-elect Barack Obama’s agenda in January, some observers said.
November 17, 2008