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Editorial: SafeStat Program
We’re sorry to see the Federal Motor Carrier Safety Administration leaving the job of fixing its SafeStat program half done, at best, or, more accurately, half undone.
March 22, 2006CVG Relocates Former Monona Facilities
Commercial Vehicle Group Inc. said it plans to relocate its facility in Spring Green, Wis., which manufactures and assembles electronic wiring harnesses for commercial vehicle original equipment manufacturers, to existing operations in Edgewood, Iowa, and Agua Prieta, Mexico.
March 22, 2006Truck Drivers Strike at Indonesian Ports
Truck drivers badly disrupted operations at four Indonesian ports after they went on strike Monday over taxes, reported the Associated Press.
March 22, 2006DaimlerChrysler to Sell Real Estate Holdings
DaimlerChrysler AG said it wants to increase its return on assets by selling real estate holdings, including a building at Berlin's Potsdamer Platz, worth as much as 4 billion euros ($4.8 billion), reported Bloomberg News.
March 22, 2006Virginia Gov. Pitches Transportation Plan
Virginia Gov. Tim Kaine told state residents Monday night that a gas tax increase for Virginia is a possibility he wouldn't rule out if it helps to end a stalemate with lawmakers over a new state budget and transportation funding package, reported the Kingsport Times-News.
March 21, 2006New Jersey Senate Approves Construction Fund
New Jersey Gov. Jon Corzine won final approval from the state Senate on Monday for his plan to revive a nearly broke transportation construction fund, reported the Associated Press.
March 21, 2006Diesel Average Rises 3.8 Cents to $2.581; Gasoline Jumps 13.8 Cents
The average U.S. price of retail diesel fuel rose 3.8 cents to $2.581 a gallon, while regular gasoline surged 14 cents to $2.504, the Department of Energy said Monday.
March 21, 2006Feb. Truck Sales Up 18.7%
U.S. retail sales of Class 8 trucks continued at their torrid pace in February, jumping 18.7% as fleets sped up purchases to beat the upcoming changes in engine-emission standards and to respond to the robust economy, according to industry experts. br clear=all.
March 21, 2006Producer Price Index Falls 1.4%, Labor Dept. Reports
The U.S. producer price index fell 1.4% in February, the largest decline since April 2003, as food and fuel prices fell, the Labor Department said Tuesday.
March 21, 2006Kitty Hawk Reports Loss in Fourth Quarter
Air-freight and cargo company Kitty Hawk Inc. reported a fourth-quarter loss of $3.8 million or 8 cents per share, compared with a profit of $5.4 million or 11 cents per share a year earlier.
March 21, 2006