Ala. Court Overturns Truck Tax Assessed for In-State Use
An Alabama appeals court ruled Friday that a trucking company with headquarters in the state should not have been required to pay more than $900,000 in state use tax for trucks that were originally delivered to a terminal in Ohio, a state appeals court ruled Friday, the Associated Press reported.
June 25, 2007Gasoline Prices Fall 11 Cents, Lundberg Says
The average price of gasoline across the country fell by 11 cents over the last two weeks, according to the latest Lundberg Survey released Sunday.
June 25, 2007Investors Wait for Economic Growth to Reignite Trucking
Investors in trucking stocks, who watched share prices fall in the second half of 2006 and rebound this spring, are now waiting for a verdict on the U.S. economy.
June 25, 2007OEMs Promote Disc Brakes as 2007 Option
Class 8 truck makers said they are offering electronically controlled air disc brakes as an option in 2007 models, promoting them as safer and easier to maintain than the drum brakes most U.S. heavy trucks use.
June 25, 2007N.Y.C. Fee Plan on Hold
(Click here to write a Letter to the Editor.) New York state lawmakers are bucking at a plan backed by both Gov. Eliot Spitzer and New York City Mayor Michael Bloomberg for new “congestion fees” on cars and trucks that operate in the heart of the city during peak business hours, news reports said Friday.
June 22, 2007Senate Passes Energy Bill
The Senate passed a comprehensive energy bill late Thursday that raises average auto fuel efficiency standards, but the measure did not include a tax on oil companies that would have boosted alternative fuel development, Agence France-Press reported.
June 22, 2007CTA Cites Border Concerns
The Canadian Trucking Alliance said it sees some positives in the U.S. cross-border passport rules, but still has concerns about the implications for cross-border truck traffic between the United States and Canada.
June 22, 2007Philadelphia Factory Index Rises in June
Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.
June 21, 2007Leading Economic Indicators Rise in May
An index of leading economic indicators rose in May, the New York-based Conference Board said Thursday.
June 21, 2007Passport Rule Pushed Back to 2008
The Bush administration will delay a rule that Americans must present passports when crossing the U.S. border by land or sea, the Associated Press reported.
June 21, 2007