Navistar Sets Tax Asset-Protection Plan
Navistar International Corp. has amended its stockholder rights plan, essentially turning it into a tax asset-protection plan that guards the long-term value of the original equipment manufacturer’s tax assets.
June 25, 2014N.Y. Area Port Report Outlines Steps to Speed Truck Cargo
Efforts to cut congestion and delays for port truckers could be gaining momentum with the release of a report by the Port Authority of New York and New Jersey that includes 23 recommendations to speed cargo movement.
June 25, 2014Supreme Court Declines to Hear OOIDA Cross-Border Trucking Case
For the second time in five months, the U.S. Supreme Court has declined to hear an appeal by the Owner-Operator Independent Drivers Association challenging the legality of a federal cross-border pilot program allowing some Mexican trucks to operate in the United States.
June 25, 2014Sen. Boxer Backs Democrats’ Trust Fund Patch, Urges Action On Highway Funding
The Senate’s top transportation leader expressed her support for a $9 billion plan to provide a short-term funding boost for a federal highway account, a day before a Senate committee’s consideration of the plan.
June 25, 2014Sen. Corker: Wyden's Trust Fund Plan a 'Complete Sham'
The Senate Republican co-sponsoring a proposal to raise the national tax on motor fuels called a bill that would provide a short-term boost for a cash-strapped federal highway account a “complete sham,” signaling the lack of GOP support for the legislation ahead of its June 26 committee consideration.
June 25, 2014Wisconsin Truckers Choose Kedzie to Succeed Howells
Neal Kedzie will become president of the Wisconsin Motor Carriers Association as of July 1, the trucking organization announced. He will succeed Tom Howells, who is retiring.
June 25, 2014Navistar’s International ProStar Improves Fuel Economy 5% with Eaton Transmission
Navistar Inc. said its new offering of the International ProStar installed with the Eaton Fuller Advantage automated 10-speed transmission has a 5% fuel-economy improvement.
June 25, 2014Washington Opens Additional Lane on Road Destroyed by Mudslide
A second lane has been opened on Washington’s Route 530, the timber highway buried by a mudslide in March that killed 42 people.
June 25, 2014Commerce Dept. Allows Some US Oil Exports
The Commerce Department opened the door to more U.S. oil exports as long as the crude is lightly processed, tempering the impact of a law that has banned most such shipments for the past 40 years.
June 25, 2014Orders for Capital Goods Rise in May
Orders for U.S. business equipment climbed in May, showing corporate investment is helping revive the economy after a slump at the start of the year.
June 25, 2014