The Federal Motor Carrier Safety Administration Wednesday issued a new rule that it said will 鈥渟ignificantly strengthen safety requirements鈥 for intermodal container chassis.
December 17, 2008Business
Unemployment Claims Decrease Slightly
First-time unemployment claims dropped last week but stayed near a 26-year high, the Labor Department said Thursday.
December 18, 2008Business
OPEC Sets Record Production Cut
OPEC agreed Wednesday to cut oil production quotas by 2.2 million barrels a day, or about 7%, a record production cut, the Wall Street Journal reported Thursday.
December 18, 2008Business
OPEC To Cut Production 9%
OPEC agreed Wednesday to cut oil production quotas by 9% starting Jan. 1, Bloomberg reported.
December 17, 2008GovernmentBusinessSafety
Opinion: Trucking and the New Administration
Election day has come and gone, and regardless of political persuasion, the optimist in each of us hopes President-elect Barack Obama鈥檚 administration heralds an uplifting and more positive era of government.
December 17, 2008BusinessSafety
AAA Forecasts a Decrease in Christmas Holiday Travel
There will be a slight decline in the number of Americans traveling during the Christmas holiday period compared with last year, first such decline in six years, according to the motorists鈥 group AAA.
December 17, 2008BusinessLogistics
Wabash National Sets Agreement with PODS
Trailer maker Wabash National Corp. and PODS Enterprises signed a multi-year agreement for Wabash to build and service all of PODS鈥 portable storage container requirements.
December 17, 2008Business
FedEx May Cut Jobs Amid Slumping Economy
FedEx Corp. may cut jobs to trim labor costs, and speed retirement of older jets and halt expansion of its FedEx Office printing shops, Bloomberg reported Wednesday.
December 17, 2008GovernmentBusinessSafety
Letters to the Editor: EOBR Mandate; Auto Bridge Loan; Broker Legislation; Medical Certificates
Onboard recording devices are the future. Successful use of these devices . . . does not eliminate cheating on the logs, in spite of anything Joan what鈥檚-her-name thinks. Ask any driver [at a company that uses them].
December 17, 2008Business
Volvo鈥檚 Sales Drop 21%; Will Suspend European Production
Volvo AB鈥檚 total truck sales fell 21% in November and the company will halt truck production in Europe for up to 25 days in the first quarter due to canceled orders, Bloomberg reported Tuesday.
December 16, 2008