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TRUCKING INDUSTRY NEWS * USA
* ATA Seeks Industry Input on HOS Provisions
VA,USA -Transport Topics -23 Aug 2007: -- American Trucking Associations President Bill Graves has asked the trucking industry for basic data regarding hours-of-service rule provisions... ATA is seeking data that would illustrate the safety impact that could result from the recent court decision to vacate the 11-hour driving and 34-hour restart provisions of the rule... The trucking industry still has an opportunity to file for a stay of the court’s action and prepare for any eventual reconsideration of the HOS provisions, ATA said... The association developed a one-page survey to collect key information regarding the rule’s safety impacts, and the data will only be analyzed and reported in aggregate form, ATA said...
* S&P: Con-way Inc. ratings affirmed, taken off Watch Negative
New York,NY,USA -The Trucker -21 Aug 2007: -- Standard & Poor’s Ratings Services today affirmed its ‘BBB’ corporate credit and senior unsecured debt ratings on Con-way Inc. and removed them from CreditWatch, where they were placed with negative implications on July 16... The CreditWatch placement followed Con-way’s announcement of its intention to acquire Contract Freighters Inc. (CFI), a privately held North American truckload carrier, for $750 million. The outlook is stable, S&P said...
* Con-way Adopts Nationwide Business Model
Ann Arbor, Mich,USA -Transport Topics -22 Aug 2007: -- Con-way Freight, the nation’s third-largest less-than-truckload carrier, said Wednesday it is abandoning the business model it has used since its founding in 1983 and reorganizing itself as a single, nationwide operating company... Its traditional regional Con-way Central, Southern and Western operating companies will be folded into one carrier with headquarters in Ann Arbor, Mich. Con-way Freight is the largest part of Con-way Inc....
* Averitt opens supply chain facility on Mexican border
Cookeville,Tenn,USA -The Trucker -21 Aug 2007: -- Averitt Express is strengthening its international service offering with the opening of a new Supply Chain Solutions facility in Pharr/McAllen, Texas... With its proximity to the U.S. / Mexico border and the Pharr Reynosa International Bridge, Averitt can now offer customers the advantage of even greater speed-to-market. Because the new facility is so close to the border, Averitt can begin processing their customers’ freight and transloading goods for nationwide distribution faster than ever before...
* Electronic HVUT filing becomes mandatory
USA -eTrucker -22 Aug 2007: -- Federal law requires carriers and others with more than 25 vehicles subject to the federal heavy vehicle use tax to file HVUT tax reports on Form 2290 electronically when the Internal Revenue Service makes it possible for them to do so... IRS reports that it is able to receive 2290s filed electronically for the 2008 tax year, but is not yet requiring taxpayers to file electronically -- they still can file on paper as before, for at least one more year...
* Driver training proposal awaits White House review
USA -eTrucker, by Avery Vise -22 Aug 2007: -- The White House Office of Management and Budget is reviewing proposed regulations to mandate behind-the-wheel training as part of the commercial driver’s license requirements for entry-level commercial motor vehicle drivers. Details of the proposal will not be released until OMB completes its review and the Federal Motor Carrier Safety Administration publishes the rulemaking in the Federal Register...
* FedEx Expands Cross-Border Trade Options
USA -Transport Topics -22 Aug 2007: -- FedEx Corp. said Wednesday it has expanded its transborder distribution service unit for cross-border trade between the United States and Mexico... This expansion includes the recent opening of two border facilities, in Ciudad Juarez, Mexico, and El Paso, Texas, the company said...
Labels: trucking industry USA
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