GLG News by Class 8 Trucking Experts

  The Teamsters union might soon be a major beneficiary of the Obama administration. The union, which has been struggling financially, might be able to extricate itself from a 20-year-long consent decree it signed with the Justice Department requiring federal oversight of its day-to-day financial...

 YRC Worldwide's decision to go to the Teamsters and request a wage concessions underscores the financial difficulties the nation's largest trucking company is facing.   YRC is under pressure from its lenders to reduce its debt load. It already has placed some of its terminals for sale as...

ABF Freight said in a recent press conference that they will only buy Selective Catalyst Reduction (SCR) technology for 2010. All US manufacturers will be going with SCR with the exception of Navistar. They are utilizing advanced Exhaust Gas Recirculation (EGR) along with emissions trading. In the world...

The problem with Detroit is arrogance and know it all..for years now the leadership at Detroit three auto makers insisted on not briniging new and fresh blood from the outside..you do not the autombile industry , you are no good. Yet there are  tremendous talents out there that can can help...

Overall truck production is down due to significant slowing in the economy and an uncertain future. The lack of available credit is also multiplying the effect of the economy. Until the economy improves I do not expect truck production to improve.

Truck registrations are important to contrast against freight predictions for planning purposes by shippers, transport companies, industry suppliers, investors and other interested parties. These numbers tell how the trucking companies are planning for the near future. Last month, we authored an article...

  A change of operations regarding cost-cutting moves at the Yellow, Roadway and USF units of YRC Worldwide has been formally approved by the Teamsters union.   More such changes are coming as YRCW stock drops to $1.20 per share, a 90 percent drop in a year and its lowest intraday trading...

  The Department of Transportation has decided to make it optional, rather than mandatory, for employers to require transportation workers be directly observed while providing urine specimens.   This is a victory for common sense. And probably for safety as well.   Talk about getting...

 A new index of global trucking and logistics companies claims to "rate" to top 10 worldwide companies.   The list includes some of the top names in both industries. A Wisconsin-based refrigerated trucking company, Marten Transport, tops the list even though it has a minuscule market capitalization...

The Dow Jones Industrial Average and the S&P 500 are down about 40% from a year ago. The Dow Transports are down 25%. In spite of this, there are some transport companies doing OK as noted in the source article - and deserve some comments as to why - and cautions….