CBO Tracks Decline in Infrastructure Investment
Public spending on transportation and water infrastructure has gradually declined from a high of 3% of Gross Domestic Product in 1959 to 2.4% of GDP in 2014, according to a new report from the Congressional Budget Office.
March 4, 2015Volvo Sells $300 Million Stake in India’s Eicher Motors
Volvo Group sold 1.27 million shares in Indian auto and truck manufacturer Eicher Motors Ltd. for about $300 million.
March 4, 2015Ford Unveils Medium-Duty Trucks Updated With New Telematics System
INDIANAPOLIS — Ford Motor Co. introduced a redesigned lineup of medium-duty trucks here that includes dedicated tractor models in two weight classes, and an updated telematics suite.
March 4, 2015Chevrolet Debuts Chassis-Cab Midsize Truck
INDIANAPOLIS – Chevrolet introduced a commercial version of its Colorado midsize pickup here that is sold without a cargo box to give businesses the option of installing service bodies on the truck.
March 4, 2015Odyne Debuts Plug-In Hybrid Fuel Tanker
INDIANAPOLIS — Odyne Systems showcased a fuel tanker truck equipped with a plug-in hybrid system at the Work Truck Show here and revealed the identity of a customer for the technology.
March 4, 2015ADP Says Companies Added 212,000 Workers to Payrolls
Companies in the U.S. added more than 200,000 workers to payrolls in February, indicating the labor market remains on its strong trajectory, according to a private employment report.
March 4, 2015February Truck Orders Increase 7%
February Class 8 truck orders rose 7% from a year ago to 31,200, ACT Research Co. reported.
March 4, 2015FMCSA's Scott Darling Says Term as Acting Administrator Ends March 23
Scott Darling revealed that his tenure as acting administrator of the Federal Motor Carrier Safety Administration will expire March 23 and that the White House is working on a permanent selection. Darling did not confirm if he was among the candidates.
March 3, 2015Anthony Foxx Announces New Pilot Program to Facilitate Hiring in City Neighborhoods
Transportation Secretary Anthony Foxx has proposed a new pilot program to explore ways to make it easier for states and cities to require that contractors on federally funded projects hire local workers and veterans.
March 3, 2015FMCSA Moves Up Projected Publication Date for Final ELD Rule
The Federal Motor Carrier Safety Administration has issued a supplemental report restoring Sept. 30 as the expected publication date of its final electronic logging device rule, moving it up from Nov. 9.
March 3, 2015