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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, 2006New 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, 2006ATA 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, 2006Port-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, 2006Carriers 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, 2006DDC, 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, 2006Gasoline 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, 2006iTECH: 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, 2006Public 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, 2006ATA’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