Arrow Trucking Failure - More Of The Same Lessons & More
January 3, 2010
Further Problems Emerge for Arrow Trucking | www.truckinginfo.com
A leading-leading indicator of economic activity is flatbed trucking. Business is still tough, but an orderly business shutdown has many implications alone. Arrow Trucking is showing how not to do one, or handle the affected people and press. It offers the change to revisit the norms - and that out of norm.
2009 Transport Review Gives Us Insight Into 2010
December 29, 2009
Economy, Government Top Trucking Issues for 2009 | www.truckinginfo.com
Per the referenced article, the freight recession, truck manufacturer and regulation-related issues (EPA 2010, environmental issues, Hours of Service and other) clouded 2009. Some positives noted involved Information Technology. We’ll comment on these, along with that noted in our GLG articles - plus a bit about 2010.
FedEx Picture Not as Gloomy as Market Reaction
December 17, 2009
FedEx's Second-Quarter Profit Falls 30% on Lower Prices | www.marketwatch.com
FedEx Corp., long considered a bellwether economic predictor, issued quarterly earnings that were off 30 percent for its quarter than ended Nov. 30. The decline was mainly because of a sharp dropoff in fuel surcharges. FedEx shares fell nearly 5 percent on the news, but are still up 34 percent for the year.
The Other “Real” Cost Of Pending Regulations - Real JOBS!
December 14, 2009
Smog rules will cost 1,000 truckers’ jobs at Oakland's port | sanfrancisco.bizjournals.com
In California, new regulations are costing jobs. Many of us in the industry try to assess the cost of new regulations to truck operators (my 12/1 article). Being shut out without any recourse - but still left with a truck - just doesn’t seem fair to independent businesses. Is this is a harbinger of things to come elsewhere? Many talk hyperbolae about jobs, but this is about reality.
Globalization - Is There Room For More US & Australian Big Truck Partnerships?
December 6, 2009
Will Chrysler Return to Class 8 Trucks? Link with Fiat's Iveco Might Make It So | www.truckinginfo.com
Globalization of major truck builders could mean another commercial truck could be coming to North America. Per the referenced article by Tom Berg last month, Chrysler LLC Dodge Truck’s new CEO Fred Diaz said the Fiat-owned Iveco big truck offering is being looked at for the US market. It also opens up a discussion regarding Navistar trucks around the globe - and more specifically Australia.
Leading Truck Sales Indicator - Cummins Laying Off Workers
December 4, 2009
Cummins to Temporarily Slice 400 at New York Plant | www.truckinginfo.com
Just announced January 2010 layoffs at Cummins, Inc. Jamestown, New York engine plant gives an indicator of 2010-compliant engine demand and expected Class 8 trucks sales. This plant manufactures the M and ISX heavy-duty series engines from 11-15-Liters, which go primarily into Class 8 trucks.
YRC's Survival Hanging on Chicago Locals Vote?
December 3, 2009
New Threat: YRC May Close if Chicago Votes No | www.tdu.org
The Teamsters union leadership has been told that YRC Worldwide will shut down if 1,500 Teamsters in Chicago don't approve a $1.16 an hour pay cut. That's what Teamsters Freight Director Tyson Johnson and Teamsters Vice President Pay Flynn have told workers at the nation's largest trucking company, according to a report on the Web site of the Teamsters for a Democratic Union, the dissident wing of the 1.4 million member union.
New Regulations WILL Increase Trucker’s Costs - Here’s Some Numbers To Play With
December 1, 2009
The War On Trucking Continues | www.logisticsmgmt.com
Logistics Management writer Michael Regan gets it right in raising awareness of the potential pending regulatory costs of legislation under consideration. We will take a stab at real planning costs as they apply to each. In pennies per mile businesses such as trucking, it doesn’t lead to a pretty picture.
Either the Teamsters or ABF Freight System is Lying. Maybe Both.
November 23, 2009
ABF, Teamsters May -- Or May Not -- Be in Concession Talks | www.dcvelocity.com
ABF Freight System, the nation's fifth-largest LTL carrier, is seeking wage concessions from the Teamsters union to match the 15 percent givebacks obtained by YRC Worldwide, the nation's largest LTL carrier. But the Teamsters union is publicly denying that any concession talks are taking place.
Truck Order Predictions Pretty Well Laid Out Through 2010
November 19, 2009
Truck orders indicate pre-2010 surge | www.etrucker.com
In the midst of the optimism with the recent surge in truck orders, reality is setting back in that 2010 truck orders will be slow due to the mew emissions rules - again! We have written several articles over the last 6-months about the slow truck sales marketplace leading into the current prebuy. So here’s a look ahead....
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012