ATA Selects New Chief Lobbyist
American Trucking Associations has selected Christopher Spear as its new chief of legislative affairs to represent the industry’s views on Capitol Hill, the trucking federation said May 6.
May 6, 2014House Transportation Bill Funds Highway Account, Safety Programs
House appropriators unveiled a transportation bill May 6 that would provide more than $52 billion for infrastructure and housing programs in fiscal 2015, and fund a key federal highway account if congressional policy writers pass a new highway bill this year.
May 6, 2014Diesel Declines 1.1¢ to $3.964
Diesel declined 1.1 cents to $3.964 a gallon, its first drop after two weeks of increases, the Department of Energy reported May 5.
May 6, 2014Bay and Bay Acquires J&C Trucking
Bay and Bay Transportation said it has acquired J&C Trucking of Baldwin, Wisconsin, to expand the buyer’s tank division by 50%.
May 6, 2014Commercial Vehicle Group Narrows First-Quarter Loss
Commercial Vehicle Group narrowed its first-quarter to loss to $500,000, or 2 cents per share, from $4.6 million, or 16 cents, a year ago.
May 6, 2014Ceva Logistics Reports Higher First-Quarter Earnings
Ceva Logistics, a Netherlands-based logistics operator, said its first-quarter results improved over 2013.
May 6, 2014Trade Gap Shrinks in March by 3.6% to $40.4 Billion
The trade deficit narrowed in March by 3.6% to $40.4 billion from the prior month’s $41.9 billion, the Commerce Department reported.
May 6, 2014Orbcomm to Launch Six Next-Generation Satellites
Asset-tracking provider Orbcomm Inc. said it will launch six of its next-generation OG2 satellites from Cape Canaveral Air Force Base in Florida.
May 6, 2014April Class 8 Orders Rise 5%
Class 8 truck orders rose 5% in April as demand for new equipment continued to increase from year-ago levels, ACT Research Co. said.
May 5, 2014FedEx Freight to Raise Fuel Surcharge
FedEx Corp. said its subsidiary less-than-truckload unit FedEx Freight will increase its published fuel surcharge by 3 percentage points.
May 5, 2014