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YRC May Cut Up to 3,750 Positions

YRC Worldwide may cut up to several thousand positions in a cost-reduction move that is part of a stepped-up plan to integrate its Roadway and Yellow Transportation units.

October 29, 2008

Fed Cuts Key Interest Rate a Half-Point to 1%

The Federal Reserve Wednesday cut a key U.S. interest rate by half a percentage point, to 1%.

October 29, 2008

CARB Diesel Regs Available for Public Comment

The California Air Resources Board has made available for public comment the latest draft version of two regulations that are aimed at cleaning up emissions from the estimated 1 million heavy-duty diesel trucks that operate in California.

October 27, 2008

Truck Tonnage Rises 0.8% in September

Truck tonnage rose 0.8% in September from the same month a year ago, American Trucking Associations said late Monday.

October 27, 2008

Covenant Reports 3Q Loss

Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.

October 27, 2008

Covenant Reports 3Q Loss

Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.

October 27, 2008

DOT Sets $679 Million for Road Repairs

The Department of Transportation is making $679 million available to states to cover costs incurred to repair roads and bridges damaged by 鈥渁 variety of natural emergencies and catastrophic events.鈥

October 24, 2008

Opinion: Include Fleet Managers in Software Decisions

Although 2009 approaches, and technology seems to surround us everywhere we turn, many companies still don鈥檛 consider fleet maintenance a first-tier, mission-critical function, putting it instead in the 鈥渘ecessary evil鈥 category.

October 27, 2008

Justice Department Backs ATA in Effort to Block Ports鈥 Plans

The U.S. Department of Justice last week backed American Trucking Associations鈥 attempt to block concession requirements included in the clean-trucks plans adopted by the Ports of Los Angeles and Long Beach, Calif.

October 27, 2008

LTL Earnings Sag in 3Q; Carriers See Weaker Demand

Publicly traded less-than-truckload carriers generally posted lower earnings in the third quarter, with several fleets warning that freight volumes would get worse as the fourth quarter unfolds.

October 27, 2008