Ryder to Switch from Pension Plan to 401(k)
Ryder System said late Thursday that it will freeze its pension system and shift to a 401(k) savings plan, in a move that will affect about a third of its employees.
January 12, 2007Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Retail Sales Rise 0.9% in December
U.S. retail sales rose 0.9% in November, the Commerce Department said Friday.
January 12, 2007FMCSA Proposes Mandatory EOBRs for Habitual Violators
WASHINGTON — The Federal Motor Carrier Safety Administration proposed a rule Thursday to mandate the use of electronic onboard recorders for habitual violators of federal hours-of-service rules.
January 11, 2007ArvinMeritor to Develop Diesel-Electric Drivetrain for Wal-Mart
Trucking component maker ArvinMeritor and Wal-Mart Transportation have agreed to develop a dual-mode, diesel-electric drivetrain for a Class 8 tractor, the two said.
January 11, 2007Schwarzenegger Orders Calif. to Further Cut Fuel Emissions
California Gov. Arnold Schwarzenegger (R) plans to ask state regulators to require the state’s petroleum refiners and gasoline sellers to cut greenhouse-gas emissions by 10%, the New York Times reported Wednesday.
January 10, 2007Trucking-Related Revenue Rose to $292 Billion in ’05
Trucking, couriers and messengers, and warehousing and storage revenue reached $292 billion in 2005, up from $266 billion the year before, the U.S. Census Bureau reported.
January 10, 2007Paccar to Build $400 Mln. Powertrain Plant in Southeastern U.S.
Paccar Inc., the parent company of Kenworth Truck Co. and Peterbilt Motors Co., said late Tuesday it plans to build a new $400 million powertrain manufacturing plant in the southeastern United States.
January 10, 2007Wholesale Inventories, Sales Gain for November
Wholesale inventories jumped 1.3% in November as sales rebounded from two consecutive declines, rising 1%, the Commerce Department said Wednesday.
January 10, 2007U.S. Trade Deficit Narrowed in November, Commerce Reports
The U.S. trade deficit narrowed in November to its smallest level since July 2005 and, as exports reached a record and oil imports declined, the Commerce Department reported Wednesday.
January 10, 2007Security & Safety Briefs — Jan. 4 - Jan. 10
Highway Watch Report Leads to Arrest • McMurray Named FMCSA’s Chief Safety Officer • Mass. Trucking Company Files Complaint Against FMCSA • Survey Cites Drivers’ HOS Compliance Concerns • And more...
January 10, 2007