Navistar Faces Fines From EPA if Engines Do Not Meet Rule
The Environmental Protection Agency said it would impose a penalty of about $1,900 per engine against Navistar Inc., beginning as soon as late February, if it produces heavy-duty truck engines that don’t comply with the agency’s 2010 emissions regulations.
January 30, 2012Mica Expected to Unveil $250 Billion Highway Bill
A five-year transportation reauthorization bill that would provide around $250 billion for projects and safety programs is expected to be unveiled this week by Rep. John Mica (R-Fla.), chairman of the Transportation and Infrastructure Committee.
January 30, 2012DHS, State Dept. Directed to Devise Plans to Guard Against Supply-Chain Disruption
President Obama last week directed the departments of State and Homeland Security to develop a plan to protect against interruptions in the international supply chain.
January 30, 2012Heavy-Duty Truck Dealers, Makers to Gather in Las Vegas
Manufacturers and sellers of heavy-duty trucks will take stock of industry and the economy at the annual American Truck Dealers Association meeting in Las Vegas, Feb. 3-6.
January 30, 2012LaHood to Leave DOT
Transportation Secretary Ray LaHood said he will leave the Obama administration after leading the Department of Transportation for just over four years.
January 29, 2012Caterpillar’s Fourth-Quarter Profit Drops 55%
Heavy equipment maker Caterpillar Inc. reported its fourth-quarter profit fell 55% to $697 million, or $1.04 a share, from $1.55 billion, or $2.32, a year ago, on lower production.
January 28, 2012Arkansas Best Swings to 4Q Profit
Arkansas Best Corp. said its fourth-quarter net income improved on stronger less-than-trucking unit performance.
January 27, 2012Werner’s Fourth-Quarter Profit Improves
Werner Enterprises’ fourth-quarter net income rose to $29.4 million, or 40 cents per share, from $24.1 million, or 33 cents, a year ago.
January 27, 2012J.B. Hunt’s 4Q Income Rises 25%
J.B. Hunt Transport Services’ fourth-quarter profit rose 25% on higher freight income from its trucking and intermodal businesses.
January 27, 2012Consumer Confidence Rises Again
Consumer confidence rose in January to the highest level in almost a year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
January 27, 2012