Volvo Gets $19 Million from DOE for ‘SuperTruck’ Technology
Volvo Trucks North America said Monday it will receive $19 million in federal funding to develop technologies to improve the efficiency of heavy-duty trucks.
August 15, 2011TransCore Freight Index Sets July Record
TransCore’s North American freight index for July marked the seventh straight record, the company said.
August 15, 2011Trailer Bridge Reports Second-Quarter Loss
Trailer Bridge Inc. reported a second-quarter loss of $3.6 million, or 30 cents a share, compared with net income of $900,000, or 7 cents, a year ago.
August 15, 2011ATA Asks EPA to Lower 2012, 2013 Biodiesel Requirements
American Trucking Associations has asked the federal government to lower its 2012 and 2013 biodiesel blending requirement under the Renewable Fuel Standard.
August 15, 2011Gasoline Falls 9¢ in Three Weeks to $3.61, Lundberg Survey Says
Gasoline’s national average price fell 9 cents in the past three weeks to an average $3.61 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
August 15, 2011N.Y. Manufacturing Index Contracts for Third Straight Month
Manufacturing activity in the New York region contracted in August for the third straight month, the Federal Reserve Bank of New York said Monday.
August 15, 2011Trimble Navigation Completes PeopleNet Deal
Trimble Navigation has completed its purchase of commercial vehicle mobile communications firm PeopleNet Communications Corp., said Norwest Equity Partners, PeopleNet’s former owner.
August 15, 2011Oil Falls on Concerns Over Housing, Economic Data
Oil fell almost $1 early Monday in advance of this week’s economic reports on housing indicators, Bloomberg reported.
August 15, 2011Arizona Truck Retrofit Ended After Mexico Money Outcry
A federally funded program that retrofitted 76 trucks in Arizona with new $1,600 catalytic converters was terminated after public uproar that some of the money was being spent on Mexican carriers.
August 15, 2011July Class 8 Sales Rise 31.5%, Pushing Year’s Total to 84,677
Heavy-duty U.S. retail truck sales grew 31.5% to 12,609 units in July over the 9,589 sold in July 2010, WardsAuto.com reported.
August 15, 2011