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NewsJuly 14, 2009

Fleet Panel Says Banks Reward Struggling Carriers

Equipment financing was a popular topic during the recent Refrigerated Division meeting of the Truckload Carriers Association, held last week in Torrey Pines, Calif. The panel of senior managers at leading reefer fleets concluded, though, that financing is not the problem facing fleets today: It is the failure of lending institutions to foreclose on poorly performing fleets, to the detriment of the better carrier

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NewsJuly 14, 2009

FedEx Sends 98 Drivers to National Championship

FedEx Corp. is sending 98 drivers from 42 states to compete in the National Truck Driving Championship

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NewsJuly 14, 2009

New Website Educates on Agricultural Exemption

The Agricultural Education Group has introduced a website designed to educate the public on the agricultural exemption to the federal hours of service rule

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NewsJuly 14, 2009

Trucking Industry Conditions Worsen in May

Continued over-capacity in the trucking industry impacted the FTR Trucking Conditions Index in May, which slid two point

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NewsJuly 14, 2009

ExxonMobil to Develop Algae-Based BioFuels

ExxonMobil has formed an alliance with Synthetic Genomics to research and develop biofuels using photosynthetic algae

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NewsJuly 14, 2009

Heartland Wary of Economy Despite Improvements

Heartland Express saw increased revenue and earnings per share in the second quarter, but operating revenues dropped as a result of a reduction in fuel surcharge revenues and the economic downturn

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NewsJuly 14, 2009

Pilot, Flying J Announce Merger

Flying J and Pilot Travel Centers have entered into a preliminary merger agreement that will allow Flying J's travel plaza business to emerge from Chapter 11 bankruptcy protection

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NewsJuly 14, 2009

Senate Confirms Mendez as FHWA Administrator

Victor Mendez, President Barack Obama's choice as administrator of the Federal Highway Administration, was confirmed by the Senate in his new role Monda

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NewsJuly 13, 2009

Medium-duty Production Takes a Hit

Medium-duty production is expected to be down 44 percent in 2009, and will recover only half of that in 2010

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NewsJuly 13, 2009

Walcott Truckers Jamboree Attracts Tens of Thousands

The Walcott Truckers Jamboree at the Iowa 80 Truckstop attracted tens of thousands of people last week to the festivitie

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