![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
TRUCKING INDUSTRY * USA - USPS Loss Hits $1.9 Billion This Year
Mail volume down 6.3 percent in first half of 2010 as losses mount
(Video from YouTube, by HowStuffWorks —9 March 2007: Have you ever wondered what happens to a piece of mail once you drop it off at a post office? Find out in this HowStuffWorks video!)
Washington,D.C.,USA -The Journal of Commerce Online -May 6, 2010: -- The U.S. Postal Service is preparing to post a $1.9 billion loss in the first half of its current fiscal year as it tries to match cost cuts to a deepening decline in mail volume, the USPS announced Thursday... The net loss puts the USPS on track to finish in the red for the fourth straight year, the Postal Service said in renewing a call for authority to undertake measures aimed at saving some $8.5 billion in the next year... The USPS wants to eliminate one day of delivery and restructure health benefit payments for retirees, adding larger savings on top of the operational changes and reduction of some 120,000 staff positions since 2008...
* Rising Fuel Prices Send Truck Stop Losses Higher
Westlake,OH,USA -The Journal of Commerce Online, by William B. Cassidy -May 10, 2010: -- Loss grows despite 30.1 percent gain in revenue as fuel hits TA margins. In a stark sign of the cloud rising fuel costs are casting over the trucking industry, truck stop operator TravelCenters of America says its net loss grew 56 percent in the first quarter to $41.2 million despite a 30.1 percent increase in revenue from a year ago... The company says its revenue surged to $1.4 billion as rising freight volume put more trucks on the road in the first three months of the year... But higher fuel prices at its 229 truck stops cut deep into TA’s margins, the company said, despite a 9.1 percent increase in same-site fuel sales volume from the 2009 quarter... The company’s results are a warning that higher fuel prices could slow trucking’s recovery and dent the broader economic recovery under way this summer... (Photo from wikipedia.org: TCA Ttravel)
* Kansas - Opens diesel emissions grant program
Topeka,Kansas,USA -Land Line Magazine -May 10, 2010: -- Truck owners in Kansas may be eligible for grant money to purchase truck equipment for reducing diesel emissions... The Kansas Department of Health and Environment is accepting applications until June 18... Eligible projects include: engine idling-reduction equipment; retrofit technologies; engine upgrade and replacement; vehicle replacement; and low rolling resistance tires... Applications with matched funding from other sources will be rated higher than those without matching funds... (Photo from travelks: 152 Kansas road)
Labels: trucking industry news USA
posted by Unknown @ 7:31 PM
0 Comments:
Post a Comment
<< Home