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Oct 9, 2010

TRUCKING INDUSTRY NEWS * USA & Canada

* Georgia -  UPS to Hire 50,000 Seasonal Workers

Atlanta,GA,USA -Transport Topics -7 Oct 2010: -- UPS will to hire 50,000 seasonal employees for this year’s holiday season, matching last year’s total, news services reported...   The company is set to begin hiring for short-term positions in advance of its year-end holiday season that covers the period between Thanksgiving and Christmas, CNNMoney.com reported...   UPS will hire workers as package sorters, driver helpers and others, with the hiring process beginning this month, the news outlet reported, citing the company...   A “significant number” of the seasonal workers will be offered permanent positions beyond January, when the seasonal work ends, CNN reported...   About 2,000 of the jobs will be in Georgia, the St. Louis Business Journal reported. UPS is based in Atlanta...  (Photo from liferants: UPS girls uniform)


* Alberta / Canada - Trimac: The last income fund story you’ll ever read
Calgary,ALB,Canada -Truck News -8 Oct 2010: -- As predicted by industry watchers, the last of the big trucking companies operating as an income trust fund has gone corporate... Calgary-based bulk hauler Trimac announced this week that come Jan 1, 2011, "it is expected that units of the fund will be exchanged for Class A Common Shares of a new corporation, to be known as Trimac Transportation Ltd (New Trimac)" ... Trimac, owned largely by the McCaig family, is the 13th-largest for-hire carrier in Canada according to the Today’s Trucking Top 100... And now it’s now the last of the great big fleets to change from income-trust to corporate status, following taxation changes foisted on the industry four years ago... Under the new law, the changes would be fully in place by Jan. 1, 2011...


* BC / Canada - Diesel retrofit deadline extended



Victoria,BC,Canada -Today's Trucking –8 Oct 2010: -- The B.C. Ministry of Transportation and Infrastructure says it will allow carriers at least another six month to comply with the province's diesel retrofit requirement...   The regulation, which was supposed to take effect on Oct. 1 2010, was delayed because many of the required emission control components are currently unavailable for delivery or are on back order, says the ministry...   The diesel retrofit requirement, part of the province's Air Action Plan announced in 2007, requires all diesel commercial trucks with model year engines older than 1993 to install an emission reduction device... (Photo from i.ytimg: Big Trucks in the Canadian West. Feb 21, 2007 2:57 PM)


* New York - Trucking Industry's Growth Slams on the Brakes

New York,NY,USA -MARKETWIRE via COMTEX/MarketWatch -Oct. 8, 2010: -- The Bedford Report Releases Analyst Research on Con-way & JB Hunt Transport Services... The trucking industry represents a very important component of the US economy. According to the US Bureau of Economic Analysis, the trucking industry accounts for about 5% to the Gross Domestic Product each year. The trucking industry was hit exceptionally hard during the economic crisis with nearly 2000 companies going out of business and others reducing the size of their fleets. Only in 2010 has demand volume begun to rise, giving truckers improving fundamentals. The Bedford Report examines the outlook for companies in the Trucking Industry and provides research reports on Con-way, Inc. and JB Hunt Transport Services, Inc...


* DC - Trucking Employment Slips in September

Washington,DC,USA -The Journal of Commerce Online, by William B. Cassidy -Oct 12, 2010: -- Industry payroll declines slightly after rising 6 percent in six months... Trucking employment fell slightly in September, ending a six-month growth streak, according to preliminary data from the federal Bureau of Labor Statistics... The actual number of workers employed by for-hire trucking firms dropped less than 1 percent month-to-month in September after rising since February... In September, the BLS trucking employment figure was essentially flat compared with August, at about 1,265,000 jobs -- a 72,000 increase over February... The Department of Labor's statistical agency tracks employment at about 117,900 for-hire trucking companies, including local, long-distance and specialized carriers...

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