Trucking Hit by ‘Perfect Storm,’ Hebe Says
SAN DIEGO — A “perfect storm” of a nose-diving economy, high fuel prices and governmental missteps have all combined to ravage the trucking industry and the companies that supply its equipment, according to Jim Hebe, senior vice president of North American sales for Navistar Inc.
May 18, 2009EPA’s Record Budget Plan Spurs Debate in Congress Over Carbon Emissions
Details of the Environmental Protection Agency’s record $10.5 billion fiscal 2010 budget proposal — a 37% increase — quickly set off a partisan debate in Congress last week over the agency’s plans to regulate greenhouse gas emissions.
May 18, 2009Gasoline Price Soars 16.2¢
The average price of retail gasoline soared last week, jumping 16.2 cents a gallon to a U.S. average of $2.24, leapfrogging diesel, which rose 3.1 cents to $2.216. Gasoline prices exceeded diesel for the first time in nearly two years.
May 18, 2009Congress Seen Taking Lead On Transport Policy, Not DOT
The debate over future surface transportation policy is likely to be directed by Congress, rather than the Obama administration, several industry lobbyists said following the recent release of nu-merous documents.
May 18, 2009Volvo Backs Use of Longer, Heavier Trucks
BOSTON — Volvo Trucks joined the argument over allowing longer, heavier trucks on U.S. highways, saying Congress should allow them on the interstate system to relieve congestion, increase productivity, conserve fuel and cut greenhouse gas emissions.
May 18, 2009Intermodal, Rail Traffic Fall for Week
Intermodal rail traffic fell 21% last week compared with the same week last year, the Association of American Railroads said.
May 15, 2009Bill Would Seek to Boost Non-Truck Freight Modes
Two key Senators introduced legislation Thursday that would increase the proportion of national freight transportation provided by modes other than trucks by 10% by 2020.
May 14, 2009DOT Freight Index Falls 6.5% in March
The Department of Transportation said its freight transportation services index fell 6.5% in March from a year earlier to its lowest level in more than six years.
May 13, 2009ATA Recognizes National Transportation Week
American Trucking Associations said Wednesday it celebrating National Transportation Week by bringing trucking industry outreach programs to public events around the country.
May 13, 2009Executive Cites Factors Affecting Trucking, Class 8 Sales
SAN DIEGO — A “perfect storm” of a weak economy, high fuel prices and governmental missteps have led to a 70% drop in new-truck sales in North America, according to Jim Hebe, senior vice president of North American sales for Navistar.
May 12, 2009