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Sens. Michael Bennet (D-Colo.) and Richard Burr (R-N.C.) have reintroduced a bipartisan bill that would allow liquefied natural gas (LNG) to better compete with diesel with taxation based on energy output rather than per gallon.
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Agility Fuel Systems and Clean Energy Fuels announced a joint CNG fuel system sales program to reduce the incremental cost of heavy-duty natural gas trucks. Under the program, Agility and Clean Energy will work with trucking customers and offer CNG fuel systems installed at a substantially reduced cost when there is a natural gas fueling agreement.
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Hankook Tire recorded revenue of about $6.3 billion and an operating profit of $979 million for 2014, the company announced. The overall operating profit was on par with 2013 results.
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Hub Group Inc. did something few other large publicly traded trucking operations have done in announcing earnings: It reported a slight decline in profits.
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Echo Global Logistics Makes Purchase, Increases Profit Almost 70%
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Law enforcement officers ticketed non commercial drivers ten times more often than truckers during Operation Safe Driver mobilization week from Oct. 19-25.
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According to the U.S. Labor Department, 257,000 jobs were added last month, while total jobs gains in December were revised upward to 329,000 from 252,000.
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The economic recovery has revived construction activity, which was obvious at the World of Concrete show which took place from Feb. 2-6 in Las Vegas.
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The parent to several trucking companies, including YRC Freight, released earnings Thursday showing an improvement in the fourth quarter, but the company was still in the red for all of last year.
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Top executives of Navistar detailed how the manufacturer will build on the ground it gained in the past two years and gave a five-year plan for the future at the company's analyst day, hosted at Navistar headquarters.
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