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NewsJuly 22, 2013

Legislation Would Up Minimum Truck Insurance Almost 500%

On Friday, Rep. Matt Cartwright (D-Penn) introduced a bill that would raise the required insurance minimum for motor carriers, dubbed the Safe and Fair Environment on Highways Achieved through Underwriting Levels Act (H.R. 2730) otherwise known as “SAFE HAUL."

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NewsJuly 22, 2013

Texas DOT Designates Roadway as Part of New I-69

The Texas Department of Transportation has officially designated 67 miles of regional roadways in the Rio Grande Valley as part of the new Interstate 69 -- a corridor that ultimately will become a 1,600-mile-long highway stretching from Michigan to Texas.

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NewsJuly 22, 2013

Trucker Admits Beef Theft Was Bull

Truck driver Artak Medjbarian of Sherman Oaks, Calif., has pleaded guilty to conspiring with others to attempt to steal $163,000 worth of beef products from a Nebraska Beef facility in Omaha.

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NewsJuly 22, 2013

Heartland Express Reports Improved Second Quarter Profit

Iowa-based truckload carrier Heartland Express announced financial results for the second quarter of the year, showing net income increased $0.9 million to $19.1 million compared to $18.2 million in the 2012 period, a 5% increase.

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NewsJuly 22, 2013

Two LTL Carriers Announce Rate Hikes of Near 6%

Two carriers serving the less-than-truckload markets have announced general rate hikes.

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NewsJuly 22, 2013

Love’s Celebrates 300 Locations in Lenoir City

Love’s Travel Stops will celebrate reaching its milestone of 300 store locations at its newest travel stop in Lenoir City, Tenn.

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NewsJuly 22, 2013

New Travel Plaza Opens Along I-81 in Harrisburg, Penn.

Exit 77 Enterprise LLC has opened a new travel plaza located conveniently off exit 77 along Interstate 81 in Harrisburg, Penn. The travel plaza features a full-service convenience store, diesel and regular fuel islands, full-service truck and trailer wash and trailer washouts.

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NewsJuly 22, 2013

Owner-Operator Robert Phillips Named TCA Highway Angel

Robert Phillips of Cleburne, Texas, an independent contractor leased to American Central Transport Inc. of Liberty, Mo., has been named a Highway Angel by the Truckload Carriers Association. Phillips is being recognized for helping an elderly couple involved in an accident.

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NewsJuly 22, 2013

Equipment Lease Finance Industry Confidence Up Again In July

Overall, confidence in the equipment finance market is 59.4, an increase from the June index of 57.3, reflecting industry participants’ increasing optimism despite continued moderate demand for equipment.

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NewsJuly 21, 2013

Exide Americas President Resigns

R. Paul Hirt Jr. has resigned as executive vice president and president--Exide Americas to accept another opportunity, Exide Technologies announced.

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