Navistar International Corp. said its first International ProStar Plus Class 8 on-highway tractor equipped with a Cummins ISX15 engine and selective catalytic reduction technology rolled off the production line this week at its plant in Escobedo, Mexico.
November 16, 2012Business
N.Y. Thruway Board Cancels Two Meetings About Proposed 45% Increase in Truck Tolls
The New York State Thruway’s board of directors last week canceled the second of two meetings within four days at which the board was to address a proposed 45% increase in toll rates for trucks.
November 19, 2012Business
Graves Receives NITL’s McCullough Award; Bergant Honored With IANA’s Silver Kingpin
ANAHEIM, Calif. — Industry service awards were presented to American Trucking Associations President Bill Graves and retired J.B. Hunt Intermodal President Paul Bergant last week during the National Industrial Transportation League’s TransComp and the Intermodal Association of North America’s Expo.
November 19, 2012BusinessFuel
Fuel Average Slips Below $4, But East Pays Storm Penalty
The average price for a gallon of retail diesel declined for the fourth straight week, dipping 3 cents to $3.98, which put trucking’s main fuel below the $4 mark for the first time in three months, the Department of Energy reported.
November 19, 2012Business
Volvo’s October North American Deliveries Decline 8%
Volvo AB said Friday its North American truck deliveries fell 8% in October from a year ago, though year-to-date sales are 23% over the same period last year.
November 16, 2012GovernmentBusiness
Hostess Going Out of Business
Hostess Brands, the maker of Twinkies, HoHos and Wonder Bread, said it is going out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers, news services reported Friday.
November 16, 2012Business
Industrial Production Falls 0.4% in October
Industrial production decreased by 0.4% in October, the Federal Reserve said Friday.
November 16, 2012BusinessLogistics
Intermodal Traffic Gains 1.9% for Week
U.S. rail intermodal traffic rose 1.9% last week over the same week a year ago, the Association of American Railroads said.
November 16, 2012BusinessLogistics
Same-Day Couriers See Higher Revenue as Demand From Retail Sector Grows
Companies that provide same-day delivery service are seeing higher revenue, in part because of surging demand from retailers, a survey by the Messenger Courier Association of America found.
November 16, 2012BusinessLogistics
Descartes Systems Acquires Exentra Transport
Logistics software provider Descartes Systems Group said it has acquired U.K. transportation software company Exentra Transport Solutions Ltd. No terms were disclosed.
November 15, 2012