Volvo Gains Extension on Drivetrain, Hybrid Research Grant
The U.S. Department of Energy and the government of Sweden extended a cooperative agreement with the Volvo Group on development of alternative drivelines, Volvo said Monday.
June 30, 2008NAFTA Surface Trade Reaches Monthly Record
Surface trade among the United States, Canada and Mexico reached a record high level in April, the Department of Transportation said Monday.
June 30, 2008Alvan Motor Freight Closes Doors
Kalamazoo, Mich.-based Alvan Motor Freight has filed for Chapter 11 bankruptcy and gone out of business, the Grand Rapids (Mich.) Press reported Monday.
June 30, 2008Navistar Resumes NYSE Trading
Navistar International Corp. said Monday its common stock has resumed trading on the New York Stock Exchange.
June 30, 2008Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region improved in June but continued to show contraction, the National Association of Purchasing Management said Monday.
June 30, 2008Averaging Has Given Engine Makers Flexibility to Meet Emission Targets
Large-scale manufacturing of 550-horsepower, 13-liter diesel truck engines that can run for a million miles is such a complicated endeavor that, since 1990, EPA has given engine makers some short-term wiggle room on hitting emissions targets through its averaging, banking and trading program.
June 30, 2008Schneider’s Bulk Division Sets Local and Regional Service
Truckload carrier Schneider National said Monday it is expanding into the local and regional bulk hauling sectors.
June 30, 2008Oil Continues to Surge, Rising Past $143 a Barrel
Crude oil rose to a record of more than $143 a barrel Monday, on Mideast supply concerns and a shaky global economy, the Associated Press reported.
June 30, 2008Florida Sets Anti-Idling Rule; Compliance Delayed Until December
Florida’s Environmental Regulation Commission has approved a rule barring heavy-duty trucks from idling longer than five minutes.
June 30, 2008Many Trucking Shares Gain During 2008 Despite Ongoing Industry Woes
Despite trucking’s struggles to overcome record fuel prices, weak demand and overcapacity, many carriers’ stocks have gained thus far in 2008.
June 30, 2008