Oil Continues to Fall, Dropping Below $70 a Barrel
Oil prices continued to decline, falling almost $2 to below $70 a barrel in early trading Monday, the lowest level in more than three months, Bloomberg reported.
May 17, 2010GM Sees First Profit Since 2007
General Motors Co. said Monday it earned $865 million in the first quarter, its first quarterly profit since 2007.
May 17, 2010Virginia’s Latest Toll Scheme
It took years to beat back the state of Virginia’s ill-advised plan to toll Interstate 81, but eventually it was abandoned. Trucking, and the state’s motorists, breathed a sigh of relief after that tolling scheme was tossed out.
May 17, 2010Letters: Broker Wars Redux, Rate Setting, Snow-Removal Law, Trucks Pay Their Way
I noticed a letter in the April 26 issue where the writer was protesting the move to raise the property broker bond from the laughable $10,000 to a more responsible amount of at least $100,000.
May 17, 2010Class 8 Truck Sales Rise 29.5% in April
Heavy-duty U.S. truck sales grew by 29.5% last month, the fourth straight month of expansion, compared with the weak results of April 2009, WardsAuto.com reported.
May 17, 2010Virginia Seeks Permission to Toll Portion of I-95
Virginia’s new Republican governor, Bob McDonnell, has asked Transportation Secretary Ray LaHood for permission to toll Interstate 95 at the North Carolina line.
May 17, 2010Study Finds Factories, Exports to Boost Freight Through 2021
Fueled by renewed growth in the export and manufacturing sectors, trucking will resume solid growth between now and 2021, according to a new study released on May 13.
May 17, 2010ArvinMeritor Unveils New Trailer Suspension Designed for Fleets in Vocational Markets
FRANKFORT, Ky. — ArvinMeritor Inc. unveiled a new series of trailing-arm, air-ride trailer suspensions designed for fleets that operate primarily in vocational markets.
May 17, 2010Two Ship Lines to Force Truckers to Provide Chassis for Drayage
Two ocean carriers for the first time have told U.S. truckers to provide their own chassis for highway deliveries, a change that eventually could force them to obtain their own equipment to move 20 million international loads a year.
May 17, 2010NTTC Backs Heavier Trucks, End of Federal Rule Freeze
CHICAGO — The National Tank Truck Carriers for the first time has formally endorsed the use of trucks heavier than the current 80,000-pound weight limit.
May 17, 2010