* Missouri - Deadly storm missed headquarters of carrier that employs 500 in Joplin
Joplin,Missouri,USA -The Journal of Commerce Online, by William B. Cassidy -May 23, 2011: -- Major highways around Joplin were open Monday following a deadly tornado that killed at least 90 people and left a large section of the Missouri city in ruins... The tornado that struck Sunday evening destroyed more than 2,000 buildings, damaging about a third of the city, and a trucking hub in southwestern Missouri... Roads into many heavily damaged areas were blocked Monday, according to news reports, as rescuers searched through the wreckage for injured survivors... Con-way Truckload’s headquarters, which were on the edge of the tornado’s path, were damaged but functioning Monday. The company employs 500 people in Joplin... Other motor carriers and truck stops in the area weren’t in the storm’s path and avoided damage. One carrier, R&R Trucking, is helping relief efforts... (Image from a7.sphotos.ak.fbcdn.net: Tornado damaging a Flying J truckstop and Con-way Truckload's headquarters)
* Ohio - YRC, Con-way make cost-cutting strides. As the trucking industry picks up steam, trucking companies are going to greater lengths to offset higher fuel costs
Dayton,OH,USA -The Dayton Business Journal, by Joe Cogliano -May 19, 2011: ... A new Bedford Report says YRC Worldwide Inc. has started a yearlong process of switching its trucks to 5W, full-synthetic motor oil... YRC officials expect the switch to save about 100,000 gallons of fuel a year companywide and reduce waste oil disposal by 28,000 gallons. Earlier this month YRC said it lost $102 million, or $2.14 per share, in the most recent quarter, an improvement from a year earlier when it lost $274 million, or $13.15 per share... In addition to YRC, the report said Con-way Inc. also has made strides in reducing fuel costs... As such, Con-way posted first quarter revenues well above analyst estimates, the Bedford Report says... The Dayton region has long been a hub for trucking companies because of its central Midwest location and the intersection of Interstates 75 and 70...
* Ohio - Report: U.S. freight economy expected to grow, led by acceleration in the trucking industry, according to a new forecast
Dayton,OH,USA -The Dayton Business Journal -May 20, 2011: -- The U.S. freight economy is expected to grow significantly during the next decade, led by acceleration in the trucking industry, according to a forecast by American Trucking Associations... The trade association’s " U.S. Freight Transportation Forecast to 2022" predicts that freight tonnage will grow 24 percent by 2022, with revenue ticking up even more -66 percent... By 2022, trucking will have a 70 percent share of freight and an 81.4 percent share of revenue, up slightly from the current 81.2 percent... The Dayton region has long been a hub for trucking companies because of its central Midwest location and the intersection of Interstates 75 and 70... The American Trucking Associations worked with IHS Global Insight and Martin Labbe Associates to compile the forecast...
* Pennsylvania - New Regulatory Requirements Impact Hazmat Transportation
Philadelphia,PENN,USA -Business Wire/CNBC -May 19, 2011: -- ACE Westchester, the U.S.-based wholesale-focused insurance operation of the ACE Group, today announced the availability of its latest report... "What Does CSA Mean for Commercial Trucking Companies?" The new ACE Progress Report(SM), discusses key regulations likely to impact professional truck drivers and trucking company owners - including those hauling commodities deemed hazardous by the Federal Department of Transportation (DOT)... The report, authored by Roger Murphy, Assistant Vice President, ACE Westchester Environmental, discusses the important aspects of new timetables for Compliance, Safety, Accountability (CSA) -- particularly how new regulatory requirements for hazardous waste transporters may impact driver retention, and the overall impact on the trucking industry. The basic premise of CSA is simple: driver infractions, incidents, accidents, inspections -- while on duty --will be aggregated and attributed to the motor carrier the driver worked for at the time of the incident. As a result, a motor carrier's rating will be reflective of the drivers they employ...
* New York - UPS delivers strong results despite fuel costs, and backs carbon tax, with conditions
New York,NY,USA -FT, by Jeremy Lemer -May 22, 2011: -- United Parcel Service, the package delivery company, would throw its weight behind a carbon tax to help tackle global warming – but only if the proceeds were tied to infrastructure improvement projects... Scott Davis, chief executive officer of UPS, said his company would back a federal tax on carbon as part of a broad sweep of measures to restore America’s creaking infrastructure... A tax on carbon would effectively raise the price of using energy for businesses and individuals, encouraging them to reduce their consumption, but as a result it has been heavily opposed by some politicians and interest groups... Mr Davis comments added an influential voice to efforts to reduce emissions of carbon dioxide that have been linked to a rise in global temperatures... UPS runs a fleet of about 100,000 cars and trucks and about 230 aircraft. In 2010 UPS spent almost $3bn on fuel, although much of the cost was passed on to customers through surcharges... Mr Davis estimates that if UPS’s US truck and package car fleet spends just five minutes a day stuck idling in traffic it costs the company $100m a year...Labels: trucking industry news USA
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