Toronto-based carrier Vitran Corp. announced it has obtained a $17 million real estate term credit facility on some of its U.S. less-than-truckload transportation facilities.
January 3, 2013Search
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Virginia Gov. McDonnell Proposes Eliminating Gasoline Tax
Virginia Gov. Bob McDonnell (R) announced a proposal Tuesday to remove the state’s gasoline tax, which would make Virginia the first state in the country to eliminate that tax.
January 9, 2013
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Jackson Stepping Down as EPA Administrator
Lisa Jackson will step down soon as administrator of the Environmental Protection Agency after four years that included the development of the first greenhouse-gas standards for heavy-duty trucks.
January 7, 2013Dealers See ‘Cliff’ Deal as Fix for Slumping Used Truck Sales
Used-truck sales slumped in late 2012, but last week’s “fiscal cliff” agreement created hope that a catch-up effect could buoy sales, industry officials said.
January 7, 2013Tax Deal Keeps Bonus Depreciation
Lost amid the hoopla surrounding Congress’ last-minute agreement on avoiding the economic “fiscal cliff” as the new year dawned was a provision in the deal that could help the trucking industry as it moves to replace aging equipment during 2013.
January 7, 2013Tax Bill Includes Bonus Depreciation
The tax bill signed by President Obama and passed by Congress to keep the nation from going over a “fiscal cliff” allows fleets to deduct 50% of the cost of new trucks and other equipment in 2013.
January 3, 2013Diesel Drops 0.5¢ to $3.918 a Gallon
The price of diesel continued to decline, falling 0.5 cent to $3.918 a gallon from $3.923, its 10th drop in the past 11 weeks, while gasoline increased by 4.1 cents to $3.298, the Department of Energy said Dec. 31.
January 2, 2013N.C.'s Quick Pass to Be Compatible With E-ZPass
North Carolina’s Quick Pass toll collection system and the multistate E-ZPass system will become compatible Thursday, when users of both transponders will be able to pay tolls in both systems, the North Carolina Turnpike Authority announced.
January 2, 2013Natural Gas Growth, Highway Bill Among 2012 Trucking Highlights
While the attention of the nation was focused for much of the year on the costly and protracted presidential election campaign, trucking probably will look back on 2012 as a turning point for the adoption of natural gas as a viable alternative fuel for heavy-duty fleets.
December 24, 2012States Strain to Find New Funding Sources for Repair, Maintenance of Roads, Bridges
Funding for roads and bridges continued to be the overriding issue for states in 2012 as transportation officials sought new ways to raise revenue.
December 24, 2012