TransCore DAT North American Freight Index Sets Single-Month Freight Volume Record in April
Facebook IPO Latest Blow to Investor ConfidenceDaily Ticker
It’s been a tough week for the stock market, which is ending on a desultory note as Facebook’s much-hyped IPO struggled. …
Article source: http://finance.yahoo.com/news/transcore-dat-north-american-freight-160000842.html
New Ontario Car Loan Network Extends Those With Bad Credit a Helping Hand
Ontario, Canada — (SBWIRE) — 05/18/2012 — Many people make choices that they later regret, particularly in regards to money and finance. A large number of Canadian’s, during their reckless youth, make decisions about their money that unfortunately come back to haunt them later.
For those with black marks on their credit history, it can be a difficult process trying to obtain essential loans. Trying to borrow to purchase a car, for example, can be next to impossible for those who’ve previously experienced bankruptcy, defaults or even some late or missed payments on a previous loan. It’s a truism to say that everyone makes mistakes. It’s also widely agreed that, for the most part, people still deserve a second chance. That said, where can those looking to finance a vehicle find their second chance if the majority of lenders shut their doors to them?
The answer, it seems, is ApprovedCarLoan.ca. An Ontario-based network of lenders specialising in providing finance to those with credit difficulties, Approved Car Loan are experts in providing easy access to auto finance for people with even the most troubled of credit histories. In fact, if you’re employed the Approved Car Loan team guarantee they can assist.
Most traditional lenders operate using a set of rigid, non-flexible criteria with which to judge applicants suitability for a loan. Certain things in an applicant’s credit history, such as bankruptcy or defaults, for example, can cause lenders to reject these applications on the spot. Without seeking any more information on the matter or learning the applicant’s side of the story, the majority of lenders turn their backs on those with bad credit without a second thought.
ApprovedCarLoan.ca, however, takes a different approach. Understanding that having access to a vehicle is essential for many people within Canada, the Approved Car Loan team are happy to go to bat for those with less-than-ideal credit backgrounds. Having forged successfully relationships with Canada’s top lenders over many years of business, ApprovedCarLoan.ca is in a position to help anyone get access to top quality, competitive car loans.
So for all those who thought bad credit would hold them back for life, never fear; the dedicated team behind ApprovedCarLoan.ca are willing to do whatever it takes to make the car ownership dreams of thousands of Canadian’s a reality. In less than 48 hours, Canadian’s can now go from bad credit to car owner, all thanks to Approved Car Loan. It doesn’t get much better than that!
About Approved Car Loan
Approved Car Loan is a professional network of Canadian lenders who specialise in sourcing finance for those with bad credit. Bankruptcy, proposal, collections, defaults and more, it’s all covered by the team at Approved Car Loan. As long as applicants are employed, the dedicated team at ApprovedCarLoan.ca are happy to work hard on their behalf to achieve a great deal on automotive finance. At this stage, the Approved Car Loan team are proud to have a 100% approval rate. For more information, visit http://www.approvedcarloan.ca
Article source: http://www.sbwire.com/press-releases/new-ontario-car-loan-network-extends-those-with-bad-credit-a-helping-hand-143229.htm
US slaps big duties on Chinese solar cells
The United States slapped hefty anti-dumping duties on Chinese solar cell makers Thursday in a move likely to heighten trade tensions between the two global economic powers.
The Commerce Department said it had found that Chinese solar cell producers and exporters had been selling solar cells into the United States at artificially low prices, meriting anti-dumping duties of between 31 percent and 250 percent.
It named Suntech Power, the world’s largest maker of solar cells, and another large producer, Trina Solar, as key offenders, but said at least 59 other Chinese companies would also be hit with anti-dumping charges.
The ruling follows a March decision that China was unfairly subsidizing solar cell exports and set counterveiling duties of 2.9 percent to 4.7 percent.
Both moves take aim at a huge market that Chinese exporters have come to dominate with the help of vast state subsidies, their US rivals say.
Sales to the US solar cell and solar panel market were worth $3.1 billion to Chinese producers last year, according to the Commerce Department.
The trade action came in response to a formal complaint to the US government by the US producer SolarWorld Industries America.
Under the new ruling, Suntech, also called Wuxi Suntech, and Trina would both see 31 percent anti-dumping duties.
Another 59 exporters would also see duties applied at that level, while another group of unnamed producers and exporters would be hit with 250 percent duties.
The duties also cover panels and modules made in other countries using Chinese solar cells.
The US Customs service was ordered to begin collecting bonds on imports based on those rates, pending likely confirmation of the policy by the Commerce Department, expected in October.
The moves come as the US steps up efforts to protect domestic manufacturers from Chinese imports that it alleges benefit from deep subsidies and an artificially undervalued currency.
In February President Barack Obama took direct aim at China’s huge trade surplus with the United States when he ordered the creation of the Interagency Trade Enforcement Center to expedite unfair trade complaints from US business.
The Coalition for American Solar Manufacturing, which represents 210 US companies in the industry, cheered the Commerce ruling.
“Today’s decision is expected to have an impact on the US marketplace for Chinese manufacturers since it will begin to remove the advantage they have had as a result of their illegal trade practices,” the group said in a statement.
“However, it will not disrupt solar growth or solar installations in the United States.”
Chinese solar cell makers have steadfastly denied shipping unfairly subsidized and unfairly priced products to the United States.
After the counterveiling duties were set in March, Suntech insisted its success was based on “free and fair” competition.
“Unilateral trade barriers, large or small, will further delay our transition away from fossil fuels,” Suntech’s chief commercial officer for Suntech Andrew Beebe said.
Another Chinese company, Yingli Solar, also defended its business practices.
“We are not dumping, nor do we believe that we are unfairly subsidized,” Robert Petrina, managing director of Yingli’s US subsidiary, said.
Article source: http://news.yahoo.com/china-dumping-solar-cells-us-commerce-dept-190644776.html
Calls for reform as one in three people see increased debt problems after …
Over 60% of people who took out payday loans were using the money to pay for household bills or buying other essentials.
New figures from consumer watchdog Which? point to an ‘alarming picture’ of people getting trapped in a downward spiral of debt caught by exorbitant penalty charges because they cannot afford to pay back their pay-day loans on time.
According to Which? a quarter who had taken out such loans said they had been hit with hidden charges such as high fees for reminder letters, and one in five were not able to pay back their loan on time.
A third of people experienced greater financial problems as a result of taking out a payday loan, 45% of them were hit with unexpected charges.
The debt trap is compounded with 57% being encouraged to take out further loans, and 45% rolling over their loans at least once. A third of people were bombarded with unsolicited calls, texts and emails before they had even signed an agreement.
A Which? investigation of 34 payday loans companies’ websites also found that people could face a £150 charge by one company, Quid24.com, if they repaid their loan 10 days late.
Most of the companies failed to show clearly their charges or charged excessive amounts for defaulting.
People were also potentially being allowed to take on credit they couldn’t afford – eight out of 34 companies don’t carry out any credit checks as part of their approval procedure, and nearly two-thirds surveyed were not asked about any aspect of their financial situation apart from their salary.
Some payday loan company websites also failed to provide any terms and conditions and many of those that did had little or no information about a borrower’s rights and obligations or references to free debt advice – 14 out of 34 lenders failed to inform consumers about the complaints procedure.
Which? is calling on the OFT to properly enforce existing consumer credit and lending rules that already apply to payday loans firms, and to go further without delay to protect consumers by restricting the default charges that payday loans companies can charge.
Which? also wants the Government to review other options to protect consumers, including Australian-style proposals for sensible limits on the total cost of credit coupled with measures to increase the supply of affordable alternatives.
Which? executive director Richard Lloyd said:
“With 1.2 million people taking out a payday loan last year, it is unacceptable for this rapidly growing number of people to be inadequately protected from extortionate charges and dodgy marketing techniques. At its worst, this booming £2billion industry can be seriously bad news for borrowers who are struggling to afford food or pay their bills. People are getting caught up in a debt trap, whacked with high penalty charges, or encouraged to roll over payments and take out more loans at inflated rates.
“The regulator should properly enforce the existing rules that apply to this industry, but they must go further and impose a cap on the amount that lenders can charge for defaulting. The Government should also now explore other ways to protect hard-pressed borrowers, including Australian-style measures to cap costs and promote affordable alternatives.”
Article source: http://www.dofonline.co.uk/content/view/6240/152/
FAN Runs From POLICE in a Football Match 2012
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Scottish rail travel is more dangerous
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Article source: http://www.scotsman.com/scottish-rail-travel-is-more-dangerous-1-2299365
YRC Freight Announces Driver Hiring Initiative
OVERLAND PARK, Kan., May 15, 2012 /PRNewswire/ – YRC Freight, a subsidiary of YRC Worldwide Inc. (YRCW), has announced immediate plans to hire 200 qualified over-the-road drivers in cities across the U.S., primarily in Maybrook, NY; Buffalo, NY; St. Paul, MN; Chicago, Il; Salt Lake City, UT; Akron, OH; Cleveland, OH; Cincinnati, OH; North Indianapolis, IN; Charlotte, NC; Jackson, MS: Albuquerque, NM; and Kansas City, MO.
“YRC Freight is growing and our volumes are building,” said Jeff Rogers, president of YRC Freight. “A huge key to our ability to prosper is engaged employees who are focused on working together with the common objective of on-time pickups and deliveries, claims free service, emphasis on safety, and the long-term commitment of delivering confidence to our customers every day.”
A unionized company, YRC Freight makes available to its road drivers full paid health care benefits and vacation time. Drivers are paid union contract pay rates. All equipment is provided and maintained by the company and all fuel cost is paid for by the company. Many daily dispatches involve minimum time away from home. With the exception of team drivers, overnight stays for drivers are provided and paid for in hotel rooms.
YRC Freight recruits from approximately 100 truck-driving schools across the nation and is dedicated to investing in new hires. The company offers training for new drivers and helps them fine-tune their freight driving skills – including how to maneuver in city traffic and how to complete hazmat required paperwork.
“YRC Freight is a great place for drivers. We work as a team to get the job done and everyone treats each other with respect,” said Wilson Meier, 11-year veteran driver with YRC Freight who was just named as the New York State Motor Truck Association Driver of the Year. ”We have excellent health care benefits and our equipment is well maintained too,” added Meier.
“We are the original LTL experts and while our name has recently changed, the caliber of our workforce and our commitment to our customers remains the same as it has been for the past 85 years,” added Rogers. “Our strength is built on the talents and dedication of each and every employee. We invite safety-minded professional drivers with a strong work ethic and the desire to succeed to join our winning team.”
Drivers interested in positions with YRC Freight can apply online by visiting www.yrcfreight.com/careers or www.yrcw.com/careers.
About YRC Freight
YRC Freight, a leading trucker of industrial, commercial and retail goods, specializes in less-than-truckload (LTL) shipping solutions for businesses. Based in Overland Park, Kan., YRC Freight provides comprehensive North American coverage and offers a broad portfolio of LTL services to bring flexibility and reliability to customers’ supply chains. For more information, visit www.yrcfreight.com.
Web site: www.yrcfreight.com
Follow YRC Freight on Twitter: http://twitter.com/yrcfreight
Follow YRC Worldwide on Twitter: http://twitter.com/yrcworldwide
Article source: http://finance.yahoo.com/news/yrc-freight-announces-driver-hiring-160000645.html
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