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NewsMarch 15, 2011

TCA Will Support Mandatory E-Logs

The Truckload Carriers Association has adopted a new policy in favor of electronic logging and will support the Federal Motor Carrier Safety Administration's proposed near-universal mandate for electronic onboard recorders (EOBRs) to track driver hours of service. "In essence, the statement is basically that we support the mandatory use of electronic logging devices," said TCA President Chris Burruss

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NewsMarch 14, 2011

Berkshire Hathaway to Buy Lubrizol for $9.7 billion

Berkshire Hathaway announced it's buying Lubrizol, which among other things makes additives for fuel and oil, for about $9.7 billion -- $135 per share in an all-cash transaction, one of the largest acquisitions in Berkshire Hathaway history

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NewsMarch 13, 2011

EOBR Alliance Decries Unfairness of DOT's Plan to Pay for EOBRs on Mexican Trucks

A group of carriers that has been pushing mandatory electronic onboard recorders is crying foul when it comes to the Department of Transportation's plan to fund the devices on Mexican trucks that will be operating in the U.S. under long-delayed aspects of the North American Free Trade Agreement

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NewsMarch 11, 2011

Peterbilt Dealer Continues Growth; Announces Location in Northern Virginia

The Pete Store has opened a full-service Peterbilt truck dealership in Springfield, Va

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NewsMarch 11, 2011

TSC Rebrands Barjan and ETW

TSC Group LLC, which markets and distributes to retailers and travel centers, announced its plan to rebrand the combined company to TSC Global

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NewsMarch 11, 2011

Japan Quake, Tsunami Prompt Oil Prices to Fall

The massive earthquake and tsunami that struck Japan has pushed down the price of oil today and may affect traffic at the West Coast intermodal ports. Crude oil futures fell below $100 a barrel on the New York Mercantile Exchange earlier today for the first time in more than a week. Japan is the world's third largest oil importer, and there is concern the disaster could slow its economy, one of the world' largest

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NewsMarch 11, 2011

Strong Commercial Vehicle Order Intake Reiterates Current Market Strength

The fundamentals that support heavy-duty commercial vehicle demand continue to signal the start of an up-cycle for the market, according to ACT Research Co

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NewsMarch 11, 2011

Hendrickson Announces So-Cal Training Sessions for April

Hendrickson has scheduled its next round of technical suspension training for the heavy-duty transportation industry with its eighth edition of the Hendrickson Vehicle Suspension Institute (HVSI)

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NewsMarch 11, 2011

Why Low Cabovers in a Conventional-Cab Market?

Why do the Japan-based importers continue trying to sell low cab-over-engine trucks when North America is conventional-cab territory? The short answer is that LCOEs are what they have to sell

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NewsMarch 10, 2011

Navistar Reports 1Q Profit, Before Engineering Integration Costs

Navistar International Corp. reported adjusted net income for the first quarter ended Jan. 31, 2011, totaled $12 million, equal to $0.16 diluted earnings per share, excluding the impact of costs to integrate its truck and engine engineering operation

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