TRUCKING INDUSTRY NEWS * USA & Canada
* USA - CTL Transportation Announces Driver Pay Increase
Mulberry,Fla.,USA -Trucking Info -13 Jan 2009: -- CTL Transportation, a national tank truck company based in Mulberry, Fla., with 11 terminal locations, announced an increase to its company driver pay package... These changes, which took effect Jan. 1, include significant increases in the longevity pay for CTL's existing drivers as well as for newly hired experienced drivers... CTL's longevity pay schedule is designed to compensate drivers based on their tractor-trailer driving experience. With these changes, CTL has also added additional pay to its accessorial pay items as well as increased some pay schedule stages. The average annual pay increase for CTL's professional tank truck company drivers is between $1,500 and $2,500...
* USA - Feels Economic Pinch
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* USA - Shutting down capacity in response to slower activity
Washington,DC,USA -Traffic World, by John Gallagher -12 Jan 2009: ... But like most truckers, infrastructure isn't Steve Williams'; chairman and CEO of Maverick Transportation, a Little Rock, Ark.-based trucking company; primary concern... "With all that said (about infrastructure), I'd love to have anything to haul right now," he said, echoing truckers' most pressing wish: more freight in their trailers, rather than newer, expanded roads on which to drive them... The latest Manufacturing Report on Business from the Institute for Supply Management revealed that most manufacturers are shutting down capacity in response to slower activity... Additionally, FTR Associates said that total net orders for new Class 8 trucks in December was 8,775 units, the weakest monthly order activity since mid-2002. December 2008 order activity is down 45 percent from the same month in 2007 "and foretells a very soft start to 2009," FTR said... Right now though, having enough highway capacity isn't the issue. "It's the demand side, and dealing with (declining) freight tonnage," Arves said. "But shippers recognize for the most part that carriers are financially strained, and that they'll need us when demand comes back. Our prices are holding up with existing customers, but for (carriers) looking for freight in the spot market, it's ugly"...
* Canada - Trucking industry battles fuel costs
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Labels: trucking industry news USA
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