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GAO Cites Concerns On Bus, Truck Companies Operating Illegally

A number of trucking and bus companies have been ordered shut down for violating federal safety rules and staying in business under different names, the Associated Press reported, citing a government study.

August 3, 2009

House Bill Would Give Tax Credit for APUs

A bill introduced in the House of Representatives would provide up to $3,000 in tax credit for fleets to purchase auxiliary power units.

August 3, 2009

Daimler Training Dealers on Finance, Insurance Sales

Daimler Truck Financial said Monday it is providing heavy- and medium-duty truck dealers with a training program on selling finance and insurance products to its customers.

August 3, 2009

P.A.M. Reports $2.4 Million Second-Quarter Loss

Truckload carrier P.A.M. Transportation Services reported a second-quarter loss of $2.4 million, or 25 cents per share, compared with a loss of $1.3 million, or 14 cents, a year ago.

July 31, 2009

Letters: Reregulation (cont.), Climate Change

I differ from the “Reregulation, Please” letter writer’s view that small carriers are offering transport service prices that are too cheap. Yes, there are some shoestring trucking operations hauling for very low freight rates, but there also are large carriers doing the same.

August 3, 2009

Stopping Short

There were no surprises in the new federal rule designed to improve the braking power of a standard, fully loaded, tractor-trailer by almost one-third.

August 3, 2009

Navistar Says 2010 Models Up $6,000-$8,000

Navistar Inc.’s 2010-compliant engines will sell for $6,000 to $8,000 more than its previous generation of engines, the company said last week.

August 3, 2009

Proposal to Reclassify Equipment Leases Seen as Tough Burden on Small Businesses

Finance and leasing industry officials said a proposal to reclassify equipment leases as a form of debt or asset, rather than an expense, would be difficult and costly for most companies to comply with.

August 3, 2009

Rule Won’t Require Overhaul of Braking Systems, Experts Say

The National Highway Traffic Safety Administration’s decision to cut the maximum allowed stopping distance for large trucks by 30% will increase truck buyers’ costs somewhat, but will not force a widespread shift to new technology such as air disc brakes, industry groups and manufacturers said.

August 3, 2009