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The Equipment Leasing & Finance Foundation released the April 2013 Monthly Confidence Index for the Equipment Finance Industry, and overall, confidence in the equipment finance market is 54.0. This is an easing from the March index of 58.0, reflecting industry participants’ continuing concerns over the economy and the impact of federal policies on capital expenditures.
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Spot market freight volumes reported by the DAT North American Freight Index finished the first quarter of 2013 up 7.7% compared to the first quarter of 2012 and rose 11% over the previous quarter.
Read More →Autocar is recalling 532 model year 2011-2013 ACX trucks manufactured Jan. 24, 2011, through Dec. 4, 2012, that are equipped with Meritor axle assemblies that were built with disc brakes using MGM J24 series air brake chambers.
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Higher fuel taxes in Vermont are almost a forgone conclusion, with the state Senate on Friday approving a hike in an overwhelming decision.
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The Teamsters Union and Arkansas Best Freight System have agreed to another extension of the current labor contract, as the two sides seem far apart.
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The ability to listen is an important trait in being successful, said Drew Linn, the HDT/American Truck Dealers 2013 Truck Dealer of the Year in his recent commencement address to ATD Dealer Academy graduates.
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A trucking company has filed what is the first known lawsuit against truckstop operator Pilot Flying J stemming from allegations of fraud against its customers.
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Class 8 orders rose above 20,000 units for a sixth consecutive month in March, but fell sequentially for the first time since November, says ACT Research. However, cancellations fell to their lowest levels since Q3’10 for the second time in the past three months.
Read More →The Virginia Department of Transportation is beginning work to remove an unstable area of soil on Afton Mountain above Interstate 64 at milepost 100.3. The emergency work will require intermittent closing the right lane of westbound I-64 from milepost 103 to milepost 100.
Read More →Inspired by a sanitation worker who lost his leg in an accident, two Wisconsin legislators introduced legislation designed to get other drivers to drive more carefully around garbage trucks.
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