J.B. Hunt Transport Services said it has elected Doug Duncan, former president of FedEx Freight, to its board of directors.
March 2, 2010Government, Business
Construction Spending Drops 0.6%
Construction spending fell 0.6% in January, the Commerce Department reported.
March 2, 2010Government, Business, Fuel, Equipment, Autonomous
Diesel Emissions-Reduction Funds Available in SoCal
California’s South Coast Air Quality Management District is offering incentive funding of up to $50,000 for the purchase of a diesel truck or up to $100,000 for the purchase of a natural gas truck, in return for scrapping an older Class 8 diesel truck, the agency said.
March 2, 2010Business, Government
J.B. Hunt Names Doug Duncan to Board
Government, Business, Safety, Fuel
Senate Expected to Pass Biodiesel Tax Credit Bill
Senate Democrats expect to pass an unemployment benefits bill soon that includes a provision retroactively reinstating a biodiesel tax credit through the end of the year, according to a spokeswoman for Sen. Harry Reid (D-Nev.).
March 2, 2010Business, Logistics, Autonomous
Penske Completes Bright Truck Acquisition
Penske Truck Leasing Co. said that it has completed the acquisition of Bright Truck Leasing & Bright Distribution, a truck leasing, maintenance, rental and logistics company.
March 2, 2010Government, Business, Autonomous
Pa. Gov. Wants Sales Tax on Trucking, Warehousing
Pennsylvania Gov. Edward Rendell (D) has proposed that the state extend the sales tax to services including trucking and warehousing, a move industry leaders said imperils a business sector the state actively recruited and developed.
March 2, 2010Business
YRC Reportedly Cuts More Jobs
YRC Worldwide has cut about 200 more jobs in a further effort to reduce costs, Reuters reported.
March 2, 2010Fuel, Business, Logistics
Diesel Rises for Second Week, Climbing 2.9¢ to $2.861
Diesel fuel rose for the second straight week, gaining 2.9 cents to a national average $2.861 at the pump, the Department of Energy reported.
March 2, 2010Business, Safety, Government
Senate May Not Approve DOT Funds Until Next Week
With about 2,000 federal workers on continued furlough at key Department of Transportation agencies, the Senate may not pass a bill reinstating funding for them until next week, Bloomberg reported Tuesday.
March 2, 2010Business, Safety, Government
DOT Furloughs Under Way as Funding Flap Continues
The Department of Transportation is furloughing nearly 2,000 employees without pay starting Monday and is temporarily shutting down highway reimbursements to states worth hundreds of millions of dollars as a result of a Senate impasse over federal transportation funding.
March 1, 2010