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News Briefs - Aug. 9
FMCSA OKs Use of Performance-Based Brake Testers • Dana to Sell Engine-Parts Business • US Airways Pilots Trade Pay Cut for Stake in Company • Fed Likely to Hold Rates, Reports Say • And more...
August 9, 2002
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Oil Firm Finds Little Pipeline Contamination in Low-Sulfur Fuel Test
ARLINGTON, Va. — An initial refinery test showed the ultra-low-sulfur diesel fuel that federal rules will require in four years will not be drastically contaminated in oil pipelines as some had feared.
August 9, 2002California Refuses to Extend Oct. 1 Diesel Engine Rule
WASHINGTON — The state of California sets its own environmental laws and will not give heavy-duty diesel engine makers any delay beyond Oct. 1 to make cleaner diesel engines even if the federal government does, a California Air Resources Board official said here last week.
August 9, 2002Engine Deadline Forces Cutbacks
The government's refusal to extend the deadline for requiring cleaner-running diesel truck engines hit the truck manufacturing industry hard last week, as two major fleets said they would cut new truck purchases sharply and a large engine maker warned it would lay off production workers.
August 9, 2002Yellow Chairman Sees Flattening Business
William D. Zollars, chairman and president of Yellow Corp., told financial news channel CNBC, Friday that, after improvements in tonnage and freight shipments during the second quarter, business has "flattened in the last six weeks."
August 9, 2002Truckers Will Resist New EPA-OK’d Engines, Survey Says
Truck engines certified by the Environmental Protection Agency as meeting Oct. 1, 2002 standards may gather dust on the shelves for some time, if the results of an American Trucking Associations survey prove accurate.
August 8, 2002Sluggish Economy Keeps Producer Prices Down in July
Wholesale prices, which form the producer price index, fell 0.2% in July, the Labor Department said Thursday, as a sluggish economy limited what manufacturers could charge.
August 8, 2002Revised Report Shows Bigger Drop in Truck-Related Fatalities
Final figures for fatalities in accidents involving big trucks during 2001 show a reduction of 200 from the previous year, rather than 19, as was stated in a preliminary report by the National Highway Traffic Safety Administration.
August 8, 2002Trucking Association Execs Name Todd Chairman
FARMINGTON, Pa. — The Trucking Association Executives Council named J. Richards “Rick” Todd its chairman for 2003 and gave the Bob Halladay award to William J. Canary, American Trucking Associations’ president and chief executive officer.
August 8, 2002Dunwoody Will Be First Woman to Run Military Traffic Command
Brig. Gen. Ann E. Dunwoody will take charge of the Army’s Military Traffic Management Command on Oct. 17 when the unit’s current commander, Maj. Gen. Kenneth L. Privratsky, retires from the service.
August 8, 2002