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YRC to Test Hybrid Trucks in Cities

YRC Worldwide will begin testing hybrid trucks this year as part of a corporate commitment to sustainability and said it will save as much as $40 million annually by streamlining its service network to speed up transit times.

July 14, 2008

Insurance Premiums Fall 10% to 50% as New Firms Enter Market

A wave of new insurance companies vying for business from the trucking industry has created an unusual — and welcome — situation: Rates are dropping.

July 14, 2008

DOT Gives Wisconsin $1 Million to Repair Flood-Damaged Roads

The Department of Transportation said Friday it is making $1 million available immediately to Wisconsin to help pay for urgent repairs to roads and bridges damaged by recent floods.

July 11, 2008

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