Navistar Financial Obtains Additional Funding
Navistar Financial Corp. has completed an agreement for $100 million of additional funding in what it calls a “trade receivables securitization program.”
Navistar Financial Corp. has completed an agreement for $100 million of additional funding in what it calls a “trade receivables securitization program.”
The Pennsylvania Department of Transportation will implement a new fee structure will be enacted July 1 for all types of permits, ranging from single trip/overdimensional, overweight, to annuals and seasonal permits, according to the Specialized Carriers & Rigging Association.
ArcBest is under contract to purchase 40 acres of land at Chaffee Crossing in Fort Smith, Ark., for construction of a new corporate headquarters. The company said it has exceeded the capacity at its current Fort Smith general office.
Effective June 1, company drivers at the Missouri-based ACT will receive a 1 cent per mile pay increase for all miles. Independent contractors will receive 3 cents per mile more for all miles, moving it up to $1.03 per mile.
This year's Fleet Safety Conference, July 22-23 at the Renaissance Schaumburg Convention Center Hotel in Schaumburg, Ill., will feature sessions aimed at heavy-duty truck fleets, such as what you don't know about truck inspections and an update on hours of service and electronic logs.
UPDATED -- The broadest measure of American economic health shows it throttled back in the first quarter of the year, according to the U.S. Commerce Department.
The owner of a group of freight auditing and payment businesses surrendered Wednesday to authorities to face charges she operated them as a multimillion-dollar Ponzi scheme..
A provider of electronic revenue cycle, document management and invoicing services to the transportation industry, Pegasus TransTech, has acquired TripPak Services and ACS Advertising from Xerox.
The 2,200 acre site in Santa Teresa, N.M., which officially opened to truck traffic in April, is along the company’s critical Sunset Route, the rail line running 760 miles from El Paso, Texas, to Los Angeles.
Several House Republicans are proposing a national standard to protect buyers of trucking services from claims that they were negligent when selecting the carrier. The bill by Rep. John Duncan, R-Tenn., says that shippers and brokers would not be liable for negligence claims at the state level if they made sure that the carrier is registered at the Federal Motor Carrier Safety Administration, has the required insurance and does not have an unsatisfactory safety rating.
U.S. trade with its next-door neighbors totaled $101.5 billion in March 2014, the second highest amount on record, as four of five transportation modes carried more freight than the same time a year ago, according to new U.S. Transportation Department report.
Rep. James Lankford, R-Okla., has introduced H.R. 4715, the Orphan Earmarks Act, to rescind and remove idle earmarks for Department of Transportation projects, some of which were approved more than 20 years ago.
The U.S. Department of Transportation's National Highway Traffic Safety Administration on Thursday released a new study about the economic toll and societal impact of motor vehicle crashes in the United States.
During the HDATP Annual Meeting Jim Redwine, owner of Redwine’s Garage and Parts Sale, was presented with the 2013 HDA Truck Pride Truck Service Expert of the Year Award.
BCS has expanded the dealer network training programs in its Learning Center to better accommodate students and today's varying learning styles.
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