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Trucking in 2007 Faced Economic, Regulatory Challenges

Trucking faced challenges on all fronts in 2007 as credit woes curtailed economic activity, a federal appeals court overturned key provisions of rules governing driver hours and truck equipment suppliers endured another precipitous 鈥 but not unexpected 鈥 sales slump

December 24, 2007

November Truck Sales Fall 54.3%

Class 8 truck sales in the United States continued to scrape along the bottom in November, with original equipment manufacturers selling 10,309 vehicles 鈥 down 54.3% from the 22,539 they sold a year ago.

December 24, 2007

Lautenberg Pans Revised HOS; Advocacy Groups Go to Court

WASHINGTON 鈥 The chairman of the Senate Commerce Committee鈥檚 panel on surface transportation called the Federal Motor Carrier Safety Administration鈥檚 revised hours-of-service rule 鈥渁 sham,鈥 while advocacy groups asked a federal court to once again overturn portions of the rule.

December 24, 2007

YRC Gains Labor Flexibility

On the heels of YRC Worldwide鈥檚 settlement with the Teamsters union on a new five-year labor contract with in-creased work-rule flexibility, ABF Freight System said it will offer an ambitious proposal to spend about $825 million to 鈥渨ithdraw from all of the 27 multi-employer pension plans to which we contribute.鈥

December 24, 2007

EU Seeking Truck Emissions Cuts

European truck makers would have to cut urban air pollution in the European Union as much as 80% under new draft EU rules that would move Europe closer to U.S. standards, Bloomberg reported Friday.

December 21, 2007

November Personal Spending Jumps 1.1%

Consumer personal spending jumped 1.1% in November, the Commerce Department said Friday.

December 21, 2007

Public Citizen Sues Again Over HOS Rules

Safety advocates have again gone to court to try to block the Department of Transportation鈥檚 rule on truck driver hours of service, news reports said.

December 21, 2007

Philadelphia Factory Index Contracts

Manufacturing levels in the Philadelphia region contracted this month, the Federal Reserve Bank of Philadelphia said.

December 20, 2007

Leading Economic Indicators Decline in November

An index of leading economic indicators fell 0.4% last month, the New York-based Conference Board said Thursday.

December 20, 2007

Ryder to Buy Lily鈥檚 Truck Leasing Business

Ryder System said Wednesday it will buy the truck leasing business of Lily Transportation Corp., a Northeast regional transportation services company based in Needham, Mass.

December 20, 2007