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Daimler’s China Venture to Build Engine Plant
Daimler AG and its joint-venture partner, China’s Beiqi Foton Motor Co., said they will build a $166 million plant with the capacity to make as many as 45,000 engines a year for its trucks to serve the fast-growing Chinese market.
July 19, 2012Cummins Completes Hilite’s SCR Emissions Acquisition
Engine maker Cummins Inc. said Wednesday it completed its acquisition of the emission control assets of Germany-based Hilite International.
July 18, 2012Senate Nixes Bonus Depreciation Bill
The Senate has rejected a bill that would have brought back the bonus depreciation tax deduction for capital spending, a proposal backed by American Trucking Associations.
July 17, 2012Cummins Raises Dividend, Lowers Full-Year Sales Forecast
Cummins Inc. said Tuesday it will boost its stock dividend by 25%, but cut its 2012 sales forecast, citing weaker truck orders.
July 10, 2012Letter: The Driver’s Advocate
One of the letters to the editor of your publication written by a safety manager recently did an excellent job of making our point about “harassment” and electronic onboard recorders, or EOBRs.
July 9, 2012Editorial: Electronic Logs
Highway safety is one of the trucking industry’s top priorities, and we have long supported the industry’s efforts to employ technology in enhancing the safety of our employees’ workplace and the safety of everyone who shares our nation’s highways.
July 9, 2012House Moves to Block Funding for Implementing EOBR Rule
The House approved a bill on June 29 that would block any federal mandate requiring the use of electronic onboard recorders on vehicles, including a regulation included in the highway funding legislation President Obama was expected to sign late last week.
July 9, 2012House Measure Would Block Mandated Use of EOBRs
The House on Friday passed a transportation spending measure that would block rules requiring electronic onboard recorders on trucks.
June 29, 2012EPA Sets Class 8 Retread Standards
The U.S. Environmental Protection Agency has established a verification program for tire retreads used by linehaul Class 8 trucks.
June 18, 2012Car Hauler Allied Files Again for Bankruptcy; Cites Weakness in Auto, Light-Truck Business
Allied Systems Holdings Inc., the largest U.S. car hauler, last week filed for Chapter 11 bankruptcy protection, the second time it has done so, saying it’s continuing to provide service and blaming weakness in the car and light-truck business for the move.
June 18, 2012