DOT Freight Transportation Index Rises 3.2%
The Department of Transportation’s freight transportation services index rose 3.2% in October from a year earlier, the eighth straight year-over-year gain.
December 8, 2010Volvo CEO to Resign Next Summer
Volvo AB CEO Leif Johansson will resign from his position next summer, Bloomberg reported Wednesday.
December 8, 2010Paccar Declares Special Dividend
Paccar Inc. said Tuesday it has declared a special cash dividend of 30 cents per share.
December 7, 2010NTTC Asks for 1997 Crash Investigation to be Reopened
The president of the National Tank Truck Carriers has asked the National Transportation Safety Board to withdraw and reopen its investigation into a fatal 1997 tank truck accident that he said has become the “poster child” of the agency’s longtime campaign to require purge retrofits for cargo tank wetlines.
December 7, 2010Idaho to Hold Hearings on Oversize, Overweight Permits
The Idaho Department of Transportation will hold public hearings Wednesday and Thursday after a judge said the department must consider complaints about ConocoPhillips’ plan to ship large loads of equipment along winding highway U.S. 12.
December 7, 2010Diesel to Average $3.23 Next Year, DOE Says
Diesel will continue to rise into next year, averaging $3.23 at the pump in 2011, the Department of Energy said in its monthly report.
December 7, 2010FedEx Freight Cuts Transit Times on Canada Routes
FedEx Corp. said Tuesday its FedEx Freight Canada unit has improved transit times on hundreds of cross-border routes between the United States and Canada.
December 7, 2010FMCSA Names 3 to Medical Review Board
The Federal Motor Carrier Safety Administration has appointed three new members to its Medical Review Board.
December 7, 2010Diesel Rises 3.5¢ to Two-Year High of $3.197 a Gallon
Diesel increased 3.5 cents to $3.197 a gallon, reaching its highest pump average in more than two years, the Department of Energy said Monday.
December 6, 2010Eaton Names Vehicle Group President
Truck components maker Eaton Corp. has named Kenneth Davis to lead its vehicle group, effective Jan. 1.
December 6, 2010