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Class 8 Fleet Size Grows 5.2% in 2006 as Carriers Stock Up
The number of heavy-duty trucks in use in the United States increased 5.2% to 3.51 million Class 8 commercial vehicles last year, as fleet owners stocked up on new trucks and kept more old vehicles in service, market research firm R.L. Polk & Co. said.
Cummins Sets Two-for-One Stock Split
Diesel engine maker Cummins Inc. said Thursday that its board declared a two-for-one split of the companys stock, to be payable on April 9 to shareholders of record as of March 26.
March 8, 2007Security & Safety Briefs Feb. 22 - Feb. 28
U.S. Delays Border Inspection Fees Charleston Port Sets New Security System Oshkosh Wins $878 Million Army Contract Survey Highlights Traffic Congestion Concern
February 28, 2007Demand for Cleaner Engines Seen Growing
UNIVERSAL CITY, Calif. An official with the Chicago Climate Exchange said the demand for cleaner engines and alternative fuels in the United States will increase as membership in its cap-and-trade emission trading system expands.
February 26, 2007Ryder to Boost Dividend 3 Cents to 21 Cents a Share in March
Ryder System said Monday its board approved a 3-cent increase in its dividend, boosting the payout to 21 cents a share.
February 12, 2007Truck Suppliers See Obstacles in Push for World Vehicle
LAS VEGAS Leading heavy-duty truck components manufacturers said technology exists today to build a safer, environmentally friendly and low-cost heavy-duty world truck, but major obstacles are consumer acceptance and the lack of a single global standard for emissions and safety technology.
Saia Buys Wisconsin LTL Carrier for $2.5 Million
Less-than-truckload carrier Saia Inc. said Thursday it has acquired Wisconsin-based LTL company Madison Freight Systems for about $2.5 million.
February 1, 2007ACE to Be Required at Entry Points in California, Texas, N. Mex.
The U.S. Customs and Border Protection agency said Friday that truck carriers entering the United States at all land border ports of entry in California, Texas and New Mexico will be required to present advance electronic cargo information through the Automated Commercial Environment truck manifest system.
January 19, 2007Letter to the Editor: Trade Support and Security
U.S. Customs and Border Protection is developing a commercial trade processing system the Automated Commercial Environment designed to facilitate legitimate cross-border trade while strengthening border security.
January 17, 2007Ryder to Switch from Pension Plan to 401(k)
Ryder System said late Thursday that it will freeze its pension system and shift to a 401(k) savings plan, in a move that will affect about a third of its employees.
January 12, 2007