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Freight Transportation Index Rises in May

The Department of Transportation’s freight transportation services index for May rose 2.1% from a year ago, and showed a month-to-month gain, DOT said Wednesday.

July 9, 2008

OOIDA Plans Challenge to Ontario Speed Limiters

A group representing owner-operators said it will challenge the legality of recently passed legislation in Ontario mandating speed limiters on trucks to cap speeds at 65 miles per hour in the Canadian province.

July 9, 2008

Bush Expected to Sign Bill Aimed at Reducing Ships’ Emissions

Cargo ships would have to reduce their emissions under federal legislation approved by Congress, which President Bush is expected to sign into law, the Ventura County (Calif.) Star newspaper reported Wednesday.

July 9, 2008

Covenant Sets Refinancing Plan With Daimler Truck Financial

Covenant Transportation Group said it completed the first step in refinancing its long-term debt, including a secured revenue equipment financing agreement with Daimler Truck Financial for about $200 million.

July 8, 2008

Editorial: Good News, Relatively Speaking

At a time when good news is in notably short supply, it’s nice to be able to report several positive stories on this week’s front page.

July 7, 2008

Appeals Court Rejects Greenhouse Gas Lawsuit

A federal appeals court in Washington rejected a petition by Massachusetts and 17 other states attempting to force a quick decision from the U.S. Environmental Protection Agency on how to regulate greenhouse gases.

July 3, 2008

First Atlantic Hurricane Forms; Unlikely to Affect Gulf Oil Platforms

The first hurricane of the Atlantic hurricane season formed Monday, but forecasts put it on a track that would not affect Gulf of Mexico oil platforms, the Associated Press reported.

July 7, 2008

Rail, Intermodal Traffic Fall for Week

Rail and intermodal traffic both declined for the week ended June 28 compared with a year ago, the Association of American Railroads said.

July 7, 2008

Nokia Gets Antitrust Approval for Navteq Acquisition

Finnish mobile phone maker Nokia received European antitrust approval to complete its $8.1 billion purchase of Navteq Corp., a Chicago-based provider of digital maps for in-vehicle navigation systems.

July 3, 2008

E&MU: California Emissions Plan Pushes New Engines

California clean-air regulators propose to force all older highway trucks running within state boundaries to be retrofitted first with diesel particulate filters, costing $8,000 to $20,000 and more, and then with equipment that reduces output of nitrogen oxides, in a complicated, staggered schedule in effect from 2010 through 2022.

July 7, 2008