Arkansas Best Corp. may seek to amend its labor contract with the Teamsters union following the union鈥檚 tentative agreement to make contract changes to help reduce costs at less-than-truckload carrier YRC Worldwide, Bloomberg reported.
December 3, 2008BusinessSafetyGovernment
ISM Services Index Falls to Record Low
The U.S. economy鈥檚 service sector declined in November at the fastest pace on record, the Institute for Supply Management said Wednesday.
December 3, 2008GovernmentBusinessSafety
Productivity Rises More Than Forecast
Third-quarter U.S. worker productivity rose 1.3% in the third quarter, the Labor Department said Wednesday, more than a previous estimate.
December 3, 2008BusinessFuelLogistics
BNSF Postpones Fuel Surcharge Increases
Freight railroad BNSF Railway Co. said Tuesday it is postponing fuel surcharge increases that were scheduled to take place in January and February 鈥渄ue to current volatility in the fuel markets.鈥
December 2, 2008FuelBusinessLogisticsGovernment
Diesel鈥檚 Decline Slows; Fuel Falls 4.9垄 to $2.615
Diesel fuel鈥檚 national average price continued its downward trend but slowed its rate of decline, falling 4.9 cents to $2.615 a gallon, the Department of Energy said.
December 2, 2008GovernmentBusinessSafety
FMCSA Sets Stronger Medical Requirements for Drivers
The Federal Motor Carrier Safety Administration has finalized a streamlined process for combining the commercial driver鈥檚 license and medical certificate records for commercial truck and bus drivers.
December 2, 2008BusinessSafetyGovernmentLogistics
U.S. Economy Has Been in Recession a Year, Business Group Says
The U.S. economy has been in a recession for the past year, the Associated Press reported Monday, citing a report by the National Bureau of Economic Research.
December 1, 2008BusinessSafetyGovernmentEquipmentTechnology
Meritor WABCO Debuts System for Automatic Truck Braking
ATLANTA 鈥 Meritor WABCO demonstrated its new automatic braking system for heavy-duty trucks that is integrated with its anti-lock braking and stability control systems. Executives said the system can cut accident rates, especially rear-end collisions, which account for nearly 20% of all truck-involved crashes.
December 1, 2008BusinessFuel
EPA Sets 2009 Renewable Fuels Standard
The Environmental Protection Agency set its renewable fuels standard at 10.21% for 2009.
December 1, 2008BusinessLogisticsGovernment
CTA Asks For Environmental Technology Exceptions
The Canadian Trucking Alliance called on provincial governments to act swiftly to make regulations to allow weight and length considerations for technologies associated with CTA's enviroTruck program.
December 1, 2008