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Three- to five-year-old trucks lost about 10% of their retail value and 2.5% of their wholesale value from the fourth quarter of last year to the first quarter of this year.
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Daimler Trucks North America opened its nine-story headquarters building on its corporate campus in north Portland, Ore.
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A broad coalition of interest groups is lobbying Congress “to oppose any special interest anti-truck safety riders including changes to the truck driver hours of service rules..."
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Traffic congestion on highways drove operational costs for trucking up by more than $49.6 billion in 2014, according to the American Transportation Research Institute.
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Haldex has re-launched its Midland brand in North America as a value brand for aftermarket products.
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Wabco has acquired Laydon Composites, a manufacturer of aerodynamic devices for heavy-duty trucks and trailers based in Ontario, Canada.
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A measure of truckload linehaul rates moved lower last month compared to a year earlier for the first time since May 2010 as intermodal freight rates continued their downward slide.
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The Federal Motor Carrier Safety Administration is requesting public input on its Beyond Compliance carrier safety-recognition program.
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The number of housing starts in the U.S. fell more than expected in March, but home builder confidence in the market remains strong, according to two new reports.
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The price of diesel fuel rose last week for the second straight week, but uncertainty in the crude oil market could curb the increases.
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