The wholesale used market was the only segment to grow from 2011 to 2012, up 3%. The auction and retail markets both fell 11%.
States are loosening restrictions on marijuana but that does not mean truck drivers can kick back and light up a joint.
In last November’s election, voters in Washington and Colorado made it legal to possess an ounce of pot and use it for recreation. And Massachusetts joined the17 other states (and the District of Columbia) that allow medical marijuana.
American Trucking Associations is asking the Federal Motor Carrier Safety Administration to push back the start date of the new hours of service rule.
Prices for both diesel and gasoline saw a jump this week at the pump.
Diesel prices rose this week at an average of 2.5 cents across the nation to rest at $3.93. According to the Energy Information Administration's weekly Gasoline and Diesel Fuel Update, diesel prices nationally are an average of 7.7 cents above where they were last year at this time.
Wabash National Corp. announced that it has entered into an agreement to acquire certain assets of the tank and trailer business of Beall Corp., a Portland, Oregon-based manufacturer of aluminum tank trailers and related equipment, for approximately $15 million in cash.
CSX Corp. and its transportation and intermodal terminals subsidiaries announced an expansion of the company's intermodal presence in the greater Montreal region and Quebec.
TravelCenters of America LLC, operator of the TA and Petro Stopping Centers travel center brands, has announced the acquisition and rebranding of a travel center in Holbrook, Arizona, to the TA brand.