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March 9, 2011 - Industry News

February PCI Continues to Signal Slow Growth

The Ceridian-UCLA Pulse of Commerce Index fell in January and February, but was still the 15th straight month of year over year growth, indicating that economic recovery, while fragile, remains under way

Tags: Economy

March 9, 2011 - Industry News

Navistar Reports 1Q Profit, Before Engineering Integration Costs

Navistar International Corp. reported adjusted net income for the first quarter ended Jan. 31, 2011, totaled $12 million, equal to $0.16 diluted earnings per share, excluding the impact of costs to integrate its truck and engine engineering operation

March 9, 2011 - Industry News

Navistar Offers Electric, Hybrid and Natural Gas Power, Hebe Notes

Navistar International has "the broadest, most energy-efficient line of trucks in the industry, helping deliver real-world savings to the bottom line," declares Jim Hebe, senior vice president, North American sales operations, in a statement issued during NTEA's Work Truck Show in Indianapolis.

March 9, 2011 - Industry News

NPR Gas Re-enters Production April 18

Isuzu says its NPR Gas low-cabover-engine truck will return this spring by way of an assembly agreement with Spartan Motors

March 9, 2011 - Industry News

DOT Freight Index Up in January; Largest Annual Increase Since 2002

The Freight Transportation Services Index (TSI) rose 0.9 percent in January from a revised December level, rising for the second consecutive month, reported the U.S. Department of Transportation's Bureau of Transportation Statistics

Tags: Economy

March 9, 2011 - Industry News

FMCSA, Small Carrier Groups Settle CSA Suit

The Federal Motor Carrier Safety Administration has settled a suit by three trucking associations over information published in the CSA program. The agency said in the Wednesday announcement that it will change the way it displays CSA safety scores, in response to the carrier groups' contention that the original plan was flawed and should have gone through a public-comment procedure

March 8, 2011 - Industry News

ATA Asks PHMSA to Block Roadside Hazmat Package Inspections

The American Trucking Associations asked the Obama administration to prevent the opening and inspection of hazardous materials shipments along the roadside, unless it is believed the shipment poses an imminent danger or does not comply with the hazardous materials regulations

March 8, 2011 - Industry News

2010 Cargo Theft Shows Significant Increase

The first annual cargo theft report from CargoNet shows a significant increase in cargo theft in 2010 compared to 2009, as well as some interesting comparisons. In 2010 there were 1035 cargo theft incidents, a significant increase over 2009, when there were 700 thefts

March 8, 2011 - Industry News

DOE Raises Diesel Forecast to $3.81

Continuing unrest in Libya as well as other North African and Middle Eastern countries has led to the highest crude oil prices since 2008

Tags: Fuel and Oil

March 8, 2011 - Industry News

TCP: Just Another Cycle, or New Beginning for Trucking?

"Not since deregulation in 1981 has the trucking industry faced the degree of growing demand coupled with unbridled opportunity, over-written with the degree of uncertainty of new regulations, rising costs and an economy emerging from a recession," begins a new white paper from Richard Mikes and Lana Batts of Transport Capital Partners

March 8, 2011 - Industry News

Mexican Trucks Will Have EOBRs

Additional details are emerging on the agreement between the U.S. and Mexico to reopen the border to long-distance trucking. A Department of Transportation official speaking on background confirmed that under the plan, the Federal Motor Carrier Safety Administration will require Mexican trucks to use electronic onboard recorders as part of their satellite tracking systems

March 8, 2011 - Industry News

Gridlock Returns: INRIX National Traffic Scorecard

INRIX, a provider of traffic and navigation services, released its 4th Annual INRIX National Traffic Scorecard revealing gridlock and longer commute times returning to America's roads

Tags: Highways

March 8, 2011 - Industry News

BAE Developing Parallel Electric Hybrid System for Class 6-8 Trucks

BAE’s motor generator and controller are integrated with a Cat CX automatic transmission. Energy storage is in li-ion batteries.

BAE Systems announced a parallel electric-drive hybrid system for Class 6, 7 and 8 trucks that's based on HybriDrive series hybrid that's now working in 3,000 transit buses worldwide

March 8, 2011 - Industry News

Dow Kokam to Power Plug-in Hybrids/Electrics

Dow Kokam, a large-format battery system producer, has signed two new agreements to provide lithium-ion battery solutions to power medium-duty plug-in hybrid electric and fully-electric trucks designated for fleet operations

March 7, 2011 - Industry News

Fuel Economy, CO2 Requirements Won't Add Cost, Suppliers Say

The federal government's planned requirements for minimum fuel economy and limited carbon dioxide emissions will add little or no cost to trucks built starting in 2014 while saving money for buyers, industry consultants said during an opening session of the Green Truck Summit in Indianapolis Monday

March 7, 2011 - Industry News

TA Buys Willie's Place

Willie's Place in Carl's Corner, Texas, has been sold at auction to TravelCenters of America following a foreclosure suit

March 7, 2011 - Industry News

Kansas to Develop Web-Based Oversize Permit System

A new system that will streamline the permit process for trucking companies hauling large loads, such as wind turbine components, through Kansas has been announced by a cross-agency partnership

March 7, 2011 - Industry News

Oil, Diesel Hit New Highs

Diesel is over $4 per  gallon in some parts of the country. (Photo by Jim Park.)

As crude oil futures hit a new 29-month high Monday, diesel prices took another big leap this week, 15.5 cents, to a national average of $3.871 per gallon, according to the U.S. Department of Energy. That's the 14th hike in a row and nearly 97 cents higher than it was a year ago

Tags: Fuel and Oil

March 7, 2011 - Industry News

ABF Dual-System Network Achieves Coast-to-Coast Reach

ABF is expanding its Regional Performance Model service to the western third of the U.S., providing increased shipment velocity to 95 percent of the lanes between major markets in the West

March 7, 2011 - Industry News

NFI Acquires World Warehouse

NFI announced the acquisition of World Warehouse and Distribution, a third-party logistics and warehouse company headquartered in Champlain, N.Y., with facilities in Champlain and Albany, N.Y., and Montreal, Canada

March 7, 2011 - Industry News

GE Capital Fleet Services to Host Webinar on Lease Accounting Change

GE Capital Fleet Services will host a webinar on Thursday, March 17, to examine how potential changes by the Financial Accounting Standards Board and International Accounting Standards Board could change balance sheet and income statement presentation for certain lease financings

Tags: Events

March 7, 2011 - Industry News

Cass Freight Index Reflects Improving Economy

The Cass Freight Index shows February shipments up 2.6 percent from last month and 11.4 percent from last year, while freight expenditures are up 35 percent year over year

Tags: Economy

March 7, 2011 - Industry News

Retail Container Traffic to be Up 11 Percent in March

Import cargo volume at the nation's major retail container ports is expected to be up 11 percent in March over the same month last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Tags: Intermodal

March 6, 2011 - Industry News

Oil Prices Hit 29-Month High

The price of crude oil rose past $104 a barrel Friday to end the week at the highest level since September 2008, as bad news from Libya and good news about the U.S. economy spurred supply-demand worries

Tags: Fuel and Oil

March 4, 2011 - Industry News

Fortune's Most Admired Companies: FedEx In Top 10, Trucking Performs Well Overall

The annual World's Most Admired Companies report released last week listed FedEx as the 8th ranked company, up five positions from the organization's rank in 2010

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