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The Florida Department of Transportation recently announced that it will be re-calculating the current timing on all yellow lights in all of the state's intersections.
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To sum up the general economic outlook for the upcoming months in one sentence: More of the same for 2013 and then better in 2014. That is how FTR Associates Senior Consultant Bill Witte predicted the overall economy will be in the near future at the recent State of Freight Summit held by FTR.
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The Truckload Carriers Association named its latest Highway Angels: Carl and Eva Marshall of Marshall Trucking, Payette, Idaho. The owner-operators are being recognized for helping an injured motorist on a bitterly cold morning.
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Fontaine Fifth Wheel has hired Todd Kuipers to serve as both its key account manager for the Atlantic Coast region and as marketing manager.
Read More →IHS Inc., a global source of critical information and analytics, has signed a definitive agreement to acquire R.L. Polk & Co., a company that provides automotive information and analytics solutions, including those for commercial trucks for $1.4 billion.
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The Senate Commerce Committee Monday night approved the nomination of Anthony Foxx to be Secretary of Transportation, while the committee named Mark Warner to take over a key transportation subcommittee from the late Frank Lautenberg.
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The price of diesel has fallen for the third week in a row, putting the U.S. average close to where it was just four weeks ago. In contrast, the average U.S. cost for gasoline has increased over the past week.
Read More →American Trucking Associations announced it has opened registration for the the annual Management Conference & Exhibition, scheduled for Oct. 19-22 in Orlando, Fla.
Read More →Exide Technologies, a battery maker based in Milton, Ga., has filed for voluntary Chapter 11 bankruptcy reorganization as it attempts to restructure its U.S. business and strengthen its balance sheet. The company said its international operations are excluded from the filing, which it made Monday in U.S. Bankruptcy Court in Delaware.
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Navistar International Corp. announced a second quarter net loss of $374 million, or $4.65 per diluted share, compared to a second quarter 2012 net loss of $172 million, or $2.50 per diluted share. At the same time, it said it has seen a strong increase in May Class 8 orders and announced it will start adding SCR aftertreatment to its medium-duty trucks.
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