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February 6, 2013 - Industry News

Congestion Cost Trucking $27 billion in 2011

Congestion has a price, and for the trucking industry, It's billions of dollars lost. The total financial cost of congestion in 2011 was $121 billion, up one billion dollars from the year before and translating to $818 per U.S. commuter. Of that total, about $27 billion worth was wasted time and diesel fuel from trucks moving goods on the system.

Tags: Economy, Traffic Congestion, Infrastructure, Highways

February 5, 2013 - Industry News

Biodiesel Board Goal: 10% of Diesel Market in 10 Years

The National Biodiesel Board announced a new goal Tuesday during the Biodiesel Conference & Expo in Las Vegas: 10% of the on-road diesel market by 2022. The Diesel Technology Forum has signed on to help the industry get there while making sure engines are protected.

Tags: Biodiesel, Alternative Fuels, Diesel, National Biodiesel Board

February 5, 2013 - Industry News

Inland Truck Parts Combines Wichita Parts and Service Locations

Inland Truck Parts has consolidated its Wichita, Kan., operations in a new, custom-built location.

Tags: Kansas, Distributors, Inland Truck Parts

February 5, 2013 - Industry News

Accident Specialist Casts Doubt on Reliability of Police Reports

Police accident reports are not reliable enough to determine who’s at fault in truck crashes for the CSA safety enforcement system, according to an accident reconstruction specialist during a CSA advisory panel meeting Tuesday. Washington Editor Oliver B. Patton reports.

Tags: Accidents, FMCSA, CSA, MCSAC

February 5, 2013 - Industry News

Eberhart Capital Acquires Poling Express

Continuing its strategy of acquiring trucking companies with distinguished reputations, strong customer bases, and long-term growth opportunities, Eberhart Capital LLC has agreed to acquire Poling Transportation Inc. (now Poling Express LLC) in a stock and cash transaction.

Tags: Mergers & Acquisitions

February 5, 2013 - Industry News

Betts Company Announces New Name, Logo

After the completion of a strategic branding initiative, Betts Co., formerly Betts Spring Co., announced its new name.

Tags: Betts Company, Betts Spring Manufacturing

February 5, 2013 - Industry News

Polar Acquire Beall Parts and Service

Polar Corp. announced that it has acquired the assets of Beall Transport Equipment Co., the aftermarket parts and service division of Beall Corp.

Tags: Polar, Mergers & Acquisitions

February 5, 2013 - Industry News

Utah Lawmakers Move Ahead to Increase Speed Limits

Last week Utah state legislators to steps to expand the areas where 80-mph speed limit zones will be allowed in the future.

Tags: Speed limit, Utah, Speed Limits

February 5, 2013 - Industry News

Old Dominion Opens New Service Centers

Old Dominion Freight Line Inc. opened its Santa Maria Service Center in California to accommodate increased freight along U.S. Route 101.

Tags: Expansion, Old Dominion, California

February 5, 2013 - Industry News

Allstate Peterbilt Opens New Location

Allstate Peterbilt has recently opened a new location in of Dickinson N.D.

Allstate Peterbilt has recently opened a new location in of Dickinson N.D. The newly constructed Peterbilt truck dealership features six service bays, a 2,000 square-foot parts display area and many driver amenities, including showers, washers/dryers and a driver lounge.

Tags: Peterbilt, Expansion

February 5, 2013 - Industry News

Fleet Sentiment Report Showing Positive Signs for CV Purchases

The sixty-four responses received by CK Commercial Vehicle Research to their Q1 2013 Fleet Sentiment Report inquiry show positive signs for medium and heavy commercial truck and trailer purchases.

Tags: Economy, Truck Sales, Trailer Sales

February 4, 2013 - Industry News

Diesel, gasoline prices jump

Both diesel and gasoline prices saw a significant increase this past week. Diesel prices jumped an average of 9.5 cents per gallon across the nation to settle at $4.02.

Tags: Economy, Diesel Prices, Gasoline Prices, Crude Oil Prices

February 4, 2013 - Industry News

HDA Truck Pride Adds Fleet Friction

HDA Truck Pride is continuing to grow by adding Fleet Friction. Fleet Friction is located in San Diego, Calif. Their management team includes: Owners Mike Buscher and Richard Harrigan and General Manager Craig Dawson.

Tags: HDA Truck Pride, Aftermarket, Brakes, Distributors

February 4, 2013 - Industry News

Intermodal Group Wins STB Approval for Chassis Pool Plan

The North American Chassis Pool Cooperative LLC announced that its cooperative chassis pooling agreement has been approved by the Surface Transportation Board, clearing the way for the group's members to begin pooling chassis for intermodal freight transportation.

Tags: Intermodal, Intermodal Chassis

February 4, 2013 - Industry News

Study shows shale boom provides boost to trucking

Shale energy exploration, the growing practice of deep horizontal drilling to harvest oil and natural gas previously beyond reach, has changed America’s energy industry and overall economy.

Tags: Fracking, Oil, Natural Gas, Ohio, Pennsylvania, Texas, Louisiana, North Dakota, Economy

February 4, 2013 - Industry News

Preliminary Class 8 Orders for January Show Improvement

FTR Associates has released preliminary data showing January Class 8 truck net orders at 22,235, 7% higher than December but down 11% year-over-year. Orders for Class 8 vehicles have been above the 20,000 mark for the past four months, showing some strength after a soft period mid-year 2012.

Tags: Economy, Class 8, FTR

February 4, 2013 - Industry News

The Carlyle Group Acquires DuPont Performance Coatings

Global alternative asset manager The Carlyle Group L.P. has completed its acquisition of DuPont Performance Coatings for $4.9 billion and announced that the company is being renamed Axalta Coating Systems.

Tags: Axalta, Mergers & Acquisitions

February 4, 2013 - Industry News

P.S.I. Hires New Sales and Marketing Specialist

Pressure Systems International has announced the hiring of Jonathan Gravell as sales and marketing specialist.

Tags: Promotion, PSI, New Hire

February 4, 2013 - Industry News

Pegasus Transportation Celebrates 25th Anniversary

In 1988, with two eighteen-wheelers a new trucking company, founded by entrepreneurs Gary Hanke and Dan Lockard, began their first over-the-road haul. They named their business Pegasus Transportation.

Tags: Anniversary

February 4, 2013 - Industry News

U.S. Factory Orders Rise, Following Lackluster Report on GDP

Factory orders in December offered better economic news than last week's GDP numbers, though not as good as analysts were expecting.

Tags: Economy, GDP, Unemployment

February 4, 2013 - Industry News

FMCSA Grants Exemptions to Hearing-Impaired Drivers

The Federal Motor Carrier Safety Administration has granted the first exemptions to rules for interstate commercial drivers when it comes to hearing standards.

Tags: FMCSA, CDL

February 4, 2013 - Industry News

Paccar Announces Fourth Quarter Revenues and Profits

Paccar reported record revenues for 2012 and its 74th consecutive year of net profit. Paccar’s annual revenues of $17.05 billion were the highest in company history and the $1.11 billion of net income was the fourth best in its history.

Tags: Paccar, Revenues, financials

February 4, 2013 - Industry News

Strike Averted at East and Gulf Coast Ports

A looming strike at East and Gulf Coast ports has been avoided as the months-long labor negotiations finally reached a tentative agreement. Late Friday, Federal Mediation and Conciliation Service Director George H. Cohen, who has been moderating the negotiations since last year, issued a statement indicating that a tentative agreement had been reached regarding the Master Agreement between the United States Maritime Alliance and the International Longshoremen’s Association.

Tags: NRF, Ports, ILA, USMA, Strikes

February 4, 2013 - Industry News

Study: Fuel-Efficient Tires Perform in Winter Weather

Transport Canada recently released the results of a study on the safety and environmental performance of low rolling resistance tires. Low rolling resistance tires are designed to improve vehicle fuel efficiency. They are made of advanced materials and have treads, dimensions and weights that help to minimize the energy lost as the tire rolls across the road surface.

Tags: Fuel Efficiency, GHG emissions, Tires

February 3, 2013 - Industry News

Baldwin Filters Plans Expansion

Baldwin Filters’ manufacturing operations continue to grow in its Kearney and Gothenburg, Neb., and Yankton, S.D., facilities. With this growth comes the need for additional space at its Kearney headquarters location.

Tags: Expansion, Baldwin Filters

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