Congestion on the nation’s Interstate highways added over $9.2 billion in operational costs to the trucking industry in 2013, according to research released Wednesday by the American Transportation Research Institute.
Profit for truck, engine and carmaker Daimler AG soared in the first quarter of the year, while competitor Volvo has reported a profit following a loss a year ago
The Obama administration put down its marker for the next highway program with the GROW America Act, a $302 billion, four-year bill funded by a one-time infusion from a change in the corporate tax code. The House and Senate are working on their versions with no word yet on how they will pay for them, although the Senate Finance Committee will hold a hearing May 6: New Routes for Funding and Financing Highways and Transit.
Trailer maker Wabash National had net income for the first quarter of 2014 of $7.3 million, or 10 cents per diluted share, compared to first quarter 2013 net income of $5.7 million, or 8 cents per diluted share.
SKF has announced the appointment of George Garner as vice president of automotive sales for the SKF Vehicle Service Market, North America Business Unit, effective immediately.
BestPass, providers of bulk purchasing and streamlined toll management services to commercial fleets, announced the ongoing expansion of its partnerships with state highway authorities.
The index now stands at 82.3, down from 83.9 in March. The Present Situation Index decreased to 78.3 from 82.5, while the Expectations Index was virtually unchanged at 84.9.
Wofford Truck Parts of El Paso, Texas, has joined the Vipar Heavy Duty network of distributors as a stockholder. Founded by its president Paul Wofford in 1985, Wofford Truck Parts specializes in heavy-duty and medium-duty truck parts.
Questar Fueling Co., a subsidiary of Questar Corp., is building a compressed natural gas fueling station in DeSoto, Texas. The public-access station will provide fast-fill CNG fueling for fleet operators with medium- and heavy-duty trucks as well as motorists who drive light-duty natural gas vehicles. The station will open in July.
UPDATED -- The American Trucking Associations is calling on the Obama administration to focus on what it says are “the real challenges, and real solutions, to the nation’s infrastructure funding woes.”
The parent to truck makers Peterbilt and Kenworth, Paccar, has increased first quarter revenue along with net income and is predicting higher sales for the industry overall this year.
UPDATED -- U.S. Transportation Secretary Anthony Foxx on Tuesday unveiled a long-term transportation bill he is sending to Congress for consideration as the House and Senate face looming deadlines to avoid the Highway Trust Fund running out of money this summer, but at least one part of it will likely draw controversy.
Drivewyze and the Texas Department of Public Safety announced that Texas has added Drivewyze PreClear bypass service to the state’s six busiest commercial vehicle weigh stations.
Some time soon the Federal Motor Carrier Safety Administration will go public with its analysis of how to account for fault in the crash data it uses to assess carrier safety performance. Joe DeLorenzo, director of the agency’s Office of Enforcement and Compliance, said the agency is preparing a report to Congress and a Federal Register notice.
John Kaburick, owner of Earl L. Henderson Trucking and former chairman of the Truckload Carriers Association, died last week at age 61.
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