Editorial: Resolving 2010 Engine Technology
It’s clear that buyers will face a choice when they consider the 2010 model year for heavy-duty trucks. What remains to be seen is whether this choice benefits truck operators as well as suppliers.
November 5, 2007ODFL’s Earl Congdon Stepping Down
Old Dominion Freight Line said Chief Executive Officer Earl Congdon will retire at year’s end and be succeeded by his son, President David Congdon, Bloomberg reported.
November 5, 2007Conn. Trucking Firms Seek Clarification on Employee Definition
Connecticut trucking companies are asking Gov. M. Jodi Rell (R) and state lawmakers to intervene in a dispute with the state’s Labor Department over how workers are defined for tax purposes, the Associated Press reported.
November 5, 2007Fleets to Face Engine Dilemma as Some Makers Avoid SCR
The decision by two major engine manufacturers, Cummins Inc. and Navistar International, to build 2010 heavy-duty diesel engines without selective catalytic reduction technology has upset truck sales forecasts for the 2009 and 2010 truck markets.
November 5, 2007Sept. Tonnage Drops 2.3%; No Quick Rebound Seen
Truck tonnage declined 2.3% in September and analysts said fleets face a protracted period of softness in freight demand as new economic data provided few signs of an upturn in business activity.
November 5, 2007Border Bottlenecks, Regulations Top Concerns for Ontario Shippers, Carriers
For Ontario — Canada’s manufacturing hub and a heavy participant in North American trade — trucking executives say today’s key issue in transportation is to keep the fleets moving steadily back and forth across the border.
November 5, 2007Diesel, Crude Oil Hit New Records
Retail diesel prices continued to climb last week, with the national average jumping 6.3 cents to $3.157 a gallon, matching the record set two years ago, according to the Department of Energy.
November 5, 2007Oil Closes Week at Record $95.93 a Barrel
Crude oil futures jumped more than $2 Friday to a record $95.93 per-barrel closing price on the New York Mercantile Exchange, Bloomberg reported.
November 2, 2007Mack, UAW Extend Contract to December
Mack Trucks and the United Auto Workers have agreed to extend the terms of union contracts that were to have expired at midnight Wednesday, the Associated Press reported.
November 2, 2007Unemployment Rate Holds at 4.7%
U.S. payrolls rose in October and the unemployment rate held at 4.7%, the Labor Department said Friday.
November 2, 2007