IBT Approves YRC Cameras in all Trucks
The IBT Freight Division has given the green light to YRC to install front-facing cameras in all tractors to record events such as swerves, speeding, and hard braking. YRC has agreed to not use the recordings for discipline; only to “protect” drivers.Read more
Are Concessions Funding ABF’s Exit from LTL Trucking?
On December 1, ARCBest proudly announced the $26 million acquisition of Bear Transportation Services, a logistics nonunion operation. This is in line with ARCBest management’s plan of moving from LTL to nonunion logistics companies as a primary focus and revenue source.Read more
YRC CEO Welch gets a 397% Raise
YRCW’s CEO bagged $10.8 million in total compensation last year, while the Teamsters who move the freight got a token raise and no relief from pay and pension concessions.Read more
YRCW: Concessions and Profits
YRCW stock jumped 25% within minutes of today’s opening, following the second quarter report on YRCW’s best period in a decade. What will it mean for 20,000 Teamsters who made it possible?Read more
Freightliner Gets First License for Autonomous-Driving Truck (with video)
Freightliner Trucks has received the first license in the United States for an autonomous-driving truck to operate on public highways from Nevada Gov. Brian Sandoval.
The Freightliner Inspiration was previewed for the media at the Las Vegas Motor Speedway on May 5, an occasion Sandoval hailed as “a historic day in the areas of transportation and innovation” and a “monumental day for the human race.”
The truck was partially camouflaged at the afternoon event, with a full unveiling taking place in a spectacular evening ceremony at Hoover Dam that included a video presentation on the wall of the dam and the arrival of Inspiration Truck itself, driving across the top of the dam.
Click here to read more at Transport Topics
Supreme Court Rejects Appeal of California Meal-Break Rule
The U.S. Supreme Court has declined to hear appeal of rulings that upheld a California law that requires employers to provide meal breaks to workers.
Penske Logistics was asking the court to overturn decisions by the 9th U.S. Circuit Court of Appeals, based in San Francisco, that said the companies must abide by the state law.
The second case involved Vitran Express, a Canadian carrier. In both cases, drivers were the plaintiffs. The Supreme Court announced May 4 its decision to reject the appeals.
The high court’s decision means that the circuit court decision stands.
The meal-break law requires employers to provide a “duty-free” 30-minute meal break for employees who work more than five hours a day.
The law also requires a second “duty free” 30-minute meal break for those who work more than 10 hours a day.
Lawyers for the logistics company, a division of Penske Truck Leasing Co., had argued that federal law governing trucking companies pre-empted state laws.
The trucking company law is contained in the Federal Aviation Administration Authorization Act of 1994, which provides that a state “may not enact or enforce a law . . . related to a price, route or service of any motor carrier with respect to transportation of property.”
The plaintiffs in the original lawsuit against Penske represented a certified class of 349 delivery truck drivers. They work on an account Penske has that services Whirlpool appliances.
According to court documents, the drivers delive products in California and are on the job more than 10 hours a day.
Truck driver scarcity pulls down Con-way volume, profit
Exclusive: YRC's Pierson talks new compensation plan, turnaround
Jamie Pierson doesn't want to take all the credit for YRC Worldwide Inc.'s turnaround effort.
Since joining the company in 2011, the Overland Park-based less-than-truckload carrier has come a long way. It has dodged bankruptcy and default fears, reorganized its labor agreement with its union employees and reached a new debt agreement that will allow the company to focus on doing business. With two straight profitable quarters under its belt, YRC is feeling better in 2015 and attracting new investors.
Click here to read more at Kanas City Business Journal.
Trucking employment approaches peak, pressuring driver wages, rates
As the U.S. heads toward what some economists consider “full employment,” trucking companies tracked by the Labor Department hired an additional 2,600 workers in February, pushing the monthly JOC.com Trucking Employment Index reading up to 99.9.
YRC's top executives earn big increases in total compensation in 2014
YRC Worldwide Inc.'s top executives received large increases in total compensation in 2014, according to the company's annual proxy statement.
On Tuesday afternoon, the Overland Park-based less-than-truckload carrier (Nasdaq: YRCW) filed its annual proxy statement with the Securities and Exchange Commission. The filing disclosed the amount paid to YRC's top executives and directors in 2014.
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