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Hub Group Downgrades 4Q Outlook

Third-party logistics company and freight broker Hub Group said its full-year 2008 earnings will be lower than previously estimated, due to sluggish intermodal and brokerage volumes and pricing.

December 18, 2008

Groups File with FMCSA Against Hours-of-Service Rules

A coalition of advocacy groups including Public Citizen and the Teamsters union has asked the Federal Motor Carrier Safety Administration to reconsider key provisions of its controversial hours-of-service rule.

December 18, 2008

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, 2008

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, 2008

Rep. Ray LaHood Is Obama鈥檚 Choice for DOT Secretary

President-elect Barack Obama is set to name retiring Illinois Republican Rep. Ray LaHood as his transportation secretary, several news outlets reported.

December 18, 2008

FMCSA Sets Intermodal Chassis 鈥楻oadability鈥 Rule

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, 2008

Housing Starts Plunge 18.9% to Record Low

New housing starts plunged 18.9% in November to the lowest level on record, the Commerce Department said Tuesday.

December 16, 2008

CPI Falls by Record 1.7% in November

Consumer prices fell in November by a record 1.7%, led by steep declines in energy, the Labor Department said Tuesday.

December 16, 2008

Fed Cuts Rate to Record Low 鈥楾arget Range鈥 of Zero to 0.25%

The Federal Reserve Tuesday cut聽the key U.S. interest rate to a 鈥渢arget range鈥 of zero to 0.25%, a record low.

December 16, 2008

EPA to Require Sensors For Emissions in 2010

The U.S. Environmental Protection Agency has issued its final rule requiring heavy-truck manufacturers to install onboard diagnostic systems starting in 2010 to alert drivers when engine emission systems are malfunctioning or deteriorating.

December 15, 2008