NAFTA Surface Trade Climbs 3.1%
Surface trade among the United States, Canada and Mexico jumped 3.1% in December from a year earlier, the Department of Transportation said Monday.
March 3, 2008Coalition Presses Congress for Action on Safety Technology Tax Incentives
WASHINGTON — A coalition of law enforcement and equipment manufacturers pressed Congress to act on a bill that would give fleets a tax incentive for purchasing safety technology.
March 3, 2008ISM Factory Index Shows Contraction in February
The Institute for Supply Management’s manufacturing index contracted last month, ISM said Monday.
March 3, 2008Volvo Invests in Anti-Theft System Based on Radio Technology
Volvo AB, parent company of Volvo Trucks North America and Mack Trucks Inc., said it was working on a new tractor-trailer anti-theft system based on intelligent radio technology and sensors.
March 3, 2008CMV to Update Cadec’s Customers
Cadec Global, provider of fleet management software, and CMV Safety Consulting Inc. said they formed a partnership to keep Cadec customers up-to-date on North American trucking regulation changes.
March 3, 2008Coca-Cola Buys 120 Eaton Hybrid Trucks
Component manufacturer Eaton Corp. said that Coca-Cola Enterprises has purchased 120 new trucks for 2008 delivery, powered by Eaton’s hybrid electric drivetrain system, Bloomberg reported.
March 3, 2008January Truck Tonnage Grows 5.3%
Truck tonnage in January posted its biggest gain since the beginning of 2005, climbing 5.3% above year-ago levels and marking the third consecutive increase for the monthly index, American Trucking Associations reported Feb. 26.
March 3, 2008Fleets Search for Savings Through Strategic Equipment Purchases
With fuel prices at a record and the economy teetering at the brink of a recession that could cut into carrier revenue, some truckload carriers are pushing harder for savings by using lighter trailers, limiting idling to save fuel and shortening trade-in cycles.
March 3, 2008TransForce's 4Q Income Falls on Goodwill Charge
Canadian transportation firm TransForce Income Fund said Thursday it lost C$30.8 million, or 36 cents a share, in the fourth-quarter as a result of a C$56 million write-off of goodwill associated with the Fund’s Oilfield Services division.
February 28, 2008January Truck Tonnage Jumps 5.3%
January truck tonnage jumped 5.3% from a year ago, the biggest year-to-year gain since January 2005, American Trucking Associations said in its seasonally adjusted for-hire truck tonnage index.
February 27, 2008