TRUCKING INDUSTRY * USA
* Missouri - Truckload Rate Hikes Slowed in April, Cass Says
St. Louis,MISS,USA -The Journal of Commerce Online, by William B. Cassidy -May 14, 2012: -- Line-haul pricing index rose at a slower year-over-year pace, was flat with March Truckload rates decelerated in April, rising 6.9 percent year-over-year, compared with a 7.4 percent increase in March, according to Cass Information Systems. On a sequential monthly basis, truckload rates were flat in April from March, with a freight shift to intermodal rail keeping truckload rates stable, Cass said Friday... Truckload carrier executives say their pricing must rise to help cover higher operating costs that threaten their margins and ability to invest in new capacity...
* DC - Industry Seeks Relief from FMCSA Policy in Crashes When Truckers Are Not at Fault
Washington,DC,USA -Transport Topics, by Michele Fuetsch -May 14, 2012: -- Royce Brooks, an experienced tank truck driver, was hauling gasoline to Lockhart, Texas, south of Austin, when a BMW driver blew through a stop sign and a flashing red light... The car hit the tanker truck with such force that Texas State Police said the rig went into a ditch, spun around, flipped and burst into flames, killing Brooks, 41... The driver of the BMW in the March 28 crash has been charged with criminally negligent homicide... When the Federal Motor Carrier Safety Administration unveiled the CSA crash website in 2010, the agency promised to add a feature that would tell viewers whether or not a crash was the carrier’s fault... While some crashes are the fault of a carrier or its driver, others clearly are not, and the trucking industry wants FMCSA to state on the website when a crash was unavoidable for the trucker...
* Arkansas - FedEx to Sell Japan Office Business to Konica
(Video from FedEx 8 Dec 2010: Every night at the FedEx Memphis World Hub people, machines and technology come together in a remarkable way. 2.2 million packages are scanned, sorted, weighed, and routed to guarantee they'll arrive at their final destination on time, intact - guaranteed)
Little Rock,ARK,USA -Bloomberg/Transport Topics -14 May 2012: -- FedEx Corp. will sell the Japanese operations of its Office unit, the retail business formerly known as Kinko’s, to Konica Minolta Holdings... Japan’s Nikkei newspaper reported Tokyo-based Konica would pay about $100 million for the business... The deal consists of 61 printing centers in Japan, a FedEx spokesman told Bloomberg... FedEx, the second-largest U.S. package-delivery company, stopped using the Kinko’s name and rebranded the division as FedEx Office in 2008... FedEx bought Kinko’s Inc. in 2004 for $2.4 billion, adding storefront businesses selling office products and printing services...
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