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NewsDecember 23, 2009

Nov. Trailer Orders Up From 2008 Amid Modest Cancellations

While November net orders for commercial trailers were down 27 percent from October, orders were up 73 percent from a year ago, a reflection of modest order cancellations this yea

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NewsDecember 23, 2009

Triangle Suspension Opens New Mount Olive Production Plant

Triangle Suspension Systems, which manufactures leaf springs and distributes a wide array of related suspension components, has opened its new Mount Olive, N.C., plant for production of heavy cross-sectioned steel spring

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NewsDecember 23, 2009

Merry Christmas

There will be no news posted on Dec. 24 and 25, in recognition of the Christmas holiday. News will resume Monday, Dec. 28

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NewsDecember 23, 2009

Senate Tables Biodiesel Tax Credit Extension Beyond Expiration Date

The Senate has decided to table the consideration of an extension to the biodiesel tax credit until early next year, a move that has biodiesel producers up in arms, as the current tax credit expires Dec. 31

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NewsDecember 23, 2009

Midwest LTL Is Under New Ownership

Lakeville Motor Express, a regional less-than-truckload carrier, has been acquired by Shari K. Taylor Wilsey and Roger D. Wilsey, Sr., who joined the company in 2001 and was LME's vice president of administration and corporate complianc

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NewsDecember 23, 2009

Trucks Moved 70 Percent of Tonnage in '07

Trucking was the most popular mode of hauling freight in the U.S. in 2007, accounting for 71 percent of the value, 70 percent of the tonnage and 40 percent of the ton-miles, according to 2007 Commodity Flow Surve

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NewsDecember 22, 2009

Saia Seeks to Sell Stock to Pay Down Debt

Less-than-truckload carrier Saia has announced a plan to sell 2.31 million shares of its common stock for $11.50 a share to certain qualified institutional buyers, a move designed to pay down debt and get relief from debt covenants

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NewsDecember 22, 2009

DOE Reports Seventh Weekly Drop in Diesel

Diesel prices dropped another 2.2 cents Monday, continuing the fuel's slow seven-week fal

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NewsDecember 22, 2009

New Canadian Rule Promotes Flexibility in Trailer and Tire Spec'ing

Canadian regulators have made changes to the country's Weights and Dimensions regulations promoting flexibility in tire spec'ing

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NewsDecember 22, 2009

Navistar Stock Gains 7.2 Percent on News of 4Q Profit

Navistar International saw its stock gain 7.2 percent to $38.08 in the opening session of trading Tuesday morning, following news that the engine and truck manufacturer achieved a fiscal fourth quarter profit of $86 millio

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