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Indiana Toll Road Lease Moves Forward, Paper Says

The Indiana Finance Authority ratified its selection of ITR Concession Co. LLC, a wholly owned subsidiary of Statewide Mobility Partners, to lease the toll road for 75 years in exchange for a $3.8 billion lump sum, the paper said.

March 24, 2006

Wisc. Governor Signs Higher Weight Law

Wisconsin Gov. Jim Doyle signed a bill allowing trucks hauling raw forest and other agricultural products to haul heavier loads all year long, the Associated Press reported.

March 24, 2006

Eaton, IdleAire Enter Deal to Build Anti-Idling System

Eaton Corp. and IdleAire Technologies Corp. announced they had agreed to a $65 million contract to develop an anti-idling system for truck stops.

March 24, 2006

Alabama Intrastate Trucks to be Tracked, Paper Says

Trucks operating only in Alabama will need to be registered by this summer as part of a program to track in-state commercial vehicles for the first time, the Birmingham News reported.

March 24, 2006

Rail Industry Reports Mixed Week, Intermodal Rise

The number of intermodal shipments on U.S. railroads rose last week, but the overall volume of freight fell, according to a report by the Association of American Railroads.

March 24, 2006

CNF Inc. Reiterates Guidance for First Quarter Results

Transportation firm CNF Inc. said Wednesday that it expects earnings per share for the first quarter to be between 71 cents and 77 cents.

March 23, 2006

ATA Announces Tuition Finance Plan for Driver Training

American Trucking Associations announced a plan Thursday that would provide financial assistance for truck driver training school to potential truckers.

March 23, 2006

Dana Reports $376 Million Fourth-Quarter Loss

Bankrupt vehicle-parts supplier Dana Corp. said Wednesday its $376 million fourth-quarter net loss more than doubled due to restructuring costs.

March 23, 2006

EGL Inc. Names Charles Leonard as Chief Financial Officer

Transportation and logistics firm EGL Inc. said late Wednesday that it named Charles Leonard as chief financial officer.

March 23, 2006

Stallion Enters Heavy Hauling Market

Stallion Oilfield Services, an oilfield drilling logistics company, said Wednesday it has acquired Oilfield Heavy Haulers, a trucking company based in Louisiana.

March 23, 2006