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China Truck Group’s Jan. Sales Jump 300%

China National Heavy Duty Trunk Group Co., that country’s largest heavy truck producer, sold 16,653 vehicles in January, up more than 300% from a year earlier, Bloomberg reported Tuesday.

February 9, 2010

California Releases $20 Million in Hybrid Funding

The California Air Resources Board has launched a $20 million funding assistance program designed to stimulate the purchase of hybrid trucks and buses that reduce diesel emissions.

February 9, 2010

SEC Issues Guidelines to Help Companies Assess Effects of Climate-Change Laws, Rules

The Securities and Exchange Commission for the first time has voted to issue guidelines to help public companies decide whether climate change laws and regulations will have a material effect on their businesses.

February 8, 2010

TMC Meeting Offers ‘Glimpse’ Of Technology, Fleet Guidance

Fleet maintenance professionals in Tampa, Fla., are taking in a glimpse of future trucks while discussing tips for management in the present at the Technology & Maintenance Council annual meeting, through Feb. 12.

February 8, 2010

Obama Plan for High-Speed Rail Raises Concerns at Freight Firms

The Obama administration’s $8.5 billion plan to advance U.S. high-speed rail programs is being questioned by trucking interests and the freight railroads whose tracks would host most of the new services, officials in both industries said.

February 8, 2010

Report Says Thefts Rising, But Fleets Question Data

Cargo theft increased sharply in 2009, according to an international insurer and a security firm, although two major carriers said they had experienced a drop in losses from theft and American Trucking Associations said good statistics were hard to come by.

February 8, 2010

States May Not Enforce Ban on Texting, Law Officials Say

Law enforcement officials said they may not strictly enforce the Transportation Department’s recent ban on texting by commercial drivers until the government issues a specific regulation rather than reinterpretations of current rules, officials told Transport Topics.

February 8, 2010

UPS Posts $757 Mln. Profit as Air Shipments Increase

UPS Inc. said it benefited from a sharp increase in December air shipments out of Asia and a busy holiday season to post profits for the fourth quarter and the full year.

February 8, 2010

DOT Budget Proposes $4 Billion for New Infrastructure Bank

The Obama administration last week proposed a $4 billion “down payment” on a national infrastructure bank to supplement traditional highway funding, as part of its $78.8 billion budget proposal for the Department of Transportation.

February 8, 2010