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March 16, 2011 - Industry News

Senator Kerry Introduces Infrastructure Bank Bill

At a press conference Tuesday, Senators John Kerry (D-Mass.) and Chairman of the Foreign Relations Committee, Kay Bailey Hutchison (R-Texas), announced legislation to create an infrastructure bank that would help close America's widening infrastructure funding gap and create millions of American jobs in the next decade

March 15, 2011 - Industry News

Ferro Explains FMCSA Approach to Mexican EOBR Decision

The U.S. plan to equip Mexican trucks with electronic recorders for driver logs would be a limited, temporary program undertaken because it's the only way the Federal Motor Carrier Safety Administration can ensure that the Mexican trucks will be monitored, said FMCSA Administrator Anne Ferro

March 15, 2011 - Industry News

YRC Worldwide May Face Bankruptcy Over Pensions

Troubled less-than-truckload carrier YRC Worldwide, may face bankruptcy as Teamsters seek a higher interest rate on deferred pension obligations owed by the company

March 15, 2011 - Industry News

TCA Names 2011 Best Fleets to Drive For

The Truckload Carriers Association and CarriersEdge announced the winners of the third annual Best Fleets to Drive For survey and contest

March 15, 2011 - Industry News

Asbury Automotive Exits Truck Business

Asbury Automotive Group, one of the largest automotive retail and service companies in the U.S., has fully exited the heavy truck business with the sale of its truck franchises

March 15, 2011 - Industry News

Truckers Dispute Fuel Pumps Less Than the Public

Earlier this week, the National Council on Weights and Measures reported that as fuel prices at the pump rise, so do the number of complaints received by state weights and measures officials. Interestingly, the phenomenon seems to be limited to gasoline consumers - truckers are unaffected

Tags: Fuel and Oil

March 15, 2011 - Industry News

Production Capacity Increased for TerraCair Ultrapure DEF

Terra Environmental Technologies commissioned TerraCair Ultrapure diesel exhaust fluid production at the Woodward, Okla., nitrogen complex

Tags: Fuel and Oil

March 14, 2011 - Industry News

TCA Will Support Mandatory E-Logs

The Truckload Carriers Association supports a mandatory requirement for electronic driver logs, like those used by Dart.

The Truckload Carriers Association has adopted a new policy in favor of electronic logging and will support the Federal Motor Carrier Safety Administration's proposed near-universal mandate for electronic onboard recorders (EOBRs) to track driver hours of service. "In essence, the statement is basically that we support the mandatory use of electronic logging devices," said TCA President Chris Burruss

March 14, 2011 - Industry News

Diesel Prices Push $4 a Gallon

The price of diesel fuel rose for the 15th week in a row to an average of $3.908 nationwide, according to the Department of Energy, but at a less-steep rate than the double-digit gains of the past two weeks -- 3.8 cents higher than last week and 98.4 cents higher than a year ago

Tags: Fuel and Oil

March 14, 2011 - Industry News

Berkshire Hathaway to Buy Lubrizol for $9.7 billion

Berkshire Hathaway announced it's buying Lubrizol, which among other things makes additives for fuel and oil, for about $9.7 billion -- $135 per share in an all-cash transaction, one of the largest acquisitions in Berkshire Hathaway history

March 14, 2011 - Industry News

New York State Using New Reflective Pavement Striping

The New York State Thruway Authority is implementing a new pavement striping program. The new pavement marking system, known as Recess Triple Drop, is more visible and durable in all lighting and weather conditions

Tags: Highways

March 13, 2011 - Industry News

EOBR Alliance Decries Unfairness of DOT's Plan to Pay for EOBRs on Mexican Trucks

A group of carriers that has been pushing mandatory electronic onboard recorders is crying foul when it comes to the Department of Transportation's plan to fund the devices on Mexican trucks that will be operating in the U.S. under long-delayed aspects of the North American Free Trade Agreement

March 13, 2011 - Industry News

Connecticut Truckers Ask for Study of Corrosive De-Icers

State lawmakers in Connecticut are scheduled to hear testimony today on a bill that addresses the issue of corrosive de-icers being used on state highways

Tags: Highways

March 11, 2011 - Industry News

Peterbilt Dealer Continues Growth; Announces Location in Northern Virginia

The Pete Store has opened a full-service Peterbilt truck dealership in Springfield, Va

March 11, 2011 - Industry News

FTR Shippers Condition Index Remains in Low Territory

FTR's Shippers Condition Index remained in low territory in February, meaning carriers are continuing to gain leverage over rates. FTR expects the index, which was at -5.2 in February, to fall further as the outlook for capacity shortages worsen in the seasonally strong spring months

Tags: Economy

March 11, 2011 - Industry News

TSC Rebrands Barjan and ETW

TSC Group LLC, which markets and distributes to retailers and travel centers, announced its plan to rebrand the combined company to TSC Global

March 11, 2011 - Industry News

Japan Quake, Tsunami Prompt Oil Prices to Fall

The massive earthquake and tsunami that struck Japan has pushed down the price of oil today and may affect traffic at the West Coast intermodal ports. Crude oil futures fell below $100 a barrel on the New York Mercantile Exchange earlier today for the first time in more than a week. Japan is the world's third largest oil importer, and there is concern the disaster could slow its economy, one of the world' largest

March 10, 2011 - Industry News

Rep. Defazio Opposes Funding for Mexican EOBRs, Questions Authority to Grant Mexican Carriers Permanent Access

In a letter to U.S. Transportation Secretary, Ray LaHood, Rep. Peter DeFazio (D-OR), expressed concern of U.S. DOT funding or EOBRs for Mexican carriers participating in the pilot program

March 10, 2011 - Industry News

Strong Commercial Vehicle Order Intake Reiterates Current Market Strength

The fundamentals that support heavy-duty commercial vehicle demand continue to signal the start of an up-cycle for the market, according to ACT Research Co

March 10, 2011 - Industry News

Weekly Spot Market Freight Volumes Hit Two-Year High

Truckload freight availability on TransCore's DAT Network of load boards increased by 12 percent nationwide in the week ending March 5, showing the strongest load volume for a single week since TransCore began reporting weekly levels in January 2008

Tags: Economy

March 10, 2011 - Industry News

RWI Transportation Opens New Terminal in Dallas

RWI Transportation has opened a new terminal in the Dallas/Fort Worth market

March 10, 2011 - Industry News

Hendrickson Announces So-Cal Training Sessions for April

Hendrickson has scheduled its next round of technical suspension training for the heavy-duty transportation industry with its eighth edition of the Hendrickson Vehicle Suspension Institute (HVSI)

March 10, 2011 - Industry News

Why Low Cabovers in a Conventional-Cab Market?

Why do the Japan-based importers continue trying to sell low cab-over-engine trucks when North America is conventional-cab territory? The short answer is that LCOEs are what they have to sell

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

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