YRC to Test Hybrid Trucks in Cities
YRC Worldwide will begin testing hybrid trucks this year as part of a corporate commitment to sustainability and said it will save as much as $40 million annually by streamlining its service network to speed up transit times.
July 14, 2008Insurance Premiums Fall 10% to 50% as New Firms Enter Market
A wave of new insurance companies vying for business from the trucking industry has created an unusual — and welcome — situation: Rates are dropping.
July 14, 2008Industry Urges Bigger Trucks, But Key Lawmaker Has Doubts
WASHINGTON — Representatives of trucking and shippers urged Congress to increase truck size and weight limits, but the chairman of the House transportation committee said he opposed longer combination vehicles and had doubts about raising weight limits.
July 14, 2008ATA Asks Lawmakers to Take Steps to Lower Fuel Prices
American Trucking Associations asked Congress to implement a comprehensive plan to address the soaring price of diesel fuel and ensures an affordable fuel supply for the nation’s 3.5 million truck drivers.
July 11, 2008DOT Gives Wisconsin $1 Million to Repair Flood-Damaged Roads
The Department of Transportation said Friday it is making $1 million available immediately to Wisconsin to help pay for urgent repairs to roads and bridges damaged by recent floods.
July 11, 2008Rail, Intermodal Traffic Gain for Week
Rail and intermodal traffic improved last week compared with a year ago, the Association of American Railroads said Thursday.
July 10, 2008Freight Transportation Index Rises in May
The Department of Transportation’s freight transportation services index for May rose 2.1% from a year ago, and showed a month-to-month gain, DOT said Wednesday.
July 9, 2008Bush Expected to Sign Bill Aimed at Reducing Ships’ Emissions
Cargo ships would have to reduce their emissions under federal legislation approved by Congress, which President Bush is expected to sign into law, the Ventura County (Calif.) Star newspaper reported Wednesday.
July 9, 2008OOIDA Plans Challenge to Ontario Speed Limiters
A group representing owner-operators said it will challenge the legality of recently passed legislation in Ontario mandating speed limiters on trucks to cap speeds at 65 miles per hour in the Canadian province.
July 9, 2008Covenant Sets Refinancing Plan With Daimler Truck Financial
Covenant Transportation Group said it completed the first step in refinancing its long-term debt, including a secured revenue equipment financing agreement with Daimler Truck Financial for about $200 million.
July 8, 2008