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Stewart & Stevenson to be Acquired in Share Purchase

Military truck manufacturer Stewart & Stevenson Services agreed Monday to be purchased by Armor Holdings for $35 a share, Bloomberg reported.

February 27, 2006

New ºÚÁϳԹÏÍø Sales Drop 5% in January

New home sales fell 5% in January to the lowest level in a year, the Commerce Department reported Monday.

February 27, 2006

ATA Says CARB Reefer Regs Could Set New National Standards

American Trucking Associations said Monday it has urged the U.S. Environmental Protection Agency to prevent the California Air Resources Board from implementing performance standards for engines used to cool refrigerated tractor-trailers.

February 27, 2006

Port-Management Deal to Get 45-Day Security Review

The Bush administration will conduct a second review of potential security risks in a deal it previously approved for a United Arab Emirates company to take over significant operations at six major U.S. ports, the Associated Press reported Monday.

February 27, 2006

Carriers Say Strong Economy, Tight Capacity to Hold Rates Up

MIAMI — Continued economic expansion and static cargo-hauling capacity will keep freight rates high this year, carriers told participants in a recent conference here.

February 27, 2006

DDC, Freightliner Say Testing of ’07 Engines on Track

Engine maker Detroit Diesel Corp. and truck maker Freightliner LLC said Monday that their joint tests of new truck engines are on track to meet looming 2007 federal emissions standards.

February 27, 2006

Gasoline Prices Continue Falling, Lundberg Reports

Retail gasoline prices across the country fell by an average of 6 cents in the past two weeks, according to the latest Lundberg Survey of gasoline stations released Sunday.

February 27, 2006

iTECH: Less-Than-Truckload ‘Wakes Up’ to Technolgy

Pickup and delivery, the grunt work of trucking, but also arguably the most important element of freight service, is undergoing a technological makeover.

February 27, 2006

Public Citizen Sues Again on Hours-of-Service Rule

Five groups, including Public Citizen and the Teamsters union, filed suit in federal court Monday against federal truck driver hours-of-service rules, challenging the rules on safety grounds.

February 27, 2006

ATA’s Truck Tonnage Index Gains 0.6% in January

American Trucking Associations’ for-hire truck tonnage index rose 0.6% in January, the group said Monday.

February 27, 2006