Apollo Management Group, which has bid to buy transportation firm EGL Inc., has sued EGL and its board to prevent EGL’s sale to a group of investors led by its chief executive officer, Bloomberg reported.
March 28, 2007Search
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Falling Freight Gives Shippers Leverage
A loosening of the tight capacity for freight hauling now makes the fuel-surcharge programs — upon which motor carriers depend to insulate them from fuel price spikes — vulnerable to demands for change by shippers.
April 2, 2007EPA Issues SCR Guidelines
The U.S. EPA said last week that diesel engine manufacturers who want to use selective catalytic reduction to meet EPA’s 2010 emission rules must supply the urea SCR requires and prove it will be available to truck drivers using those engines.
April 2, 2007Ambassador Bridge Plans to Be Reviewed by Michigan DOT
The owner of the bridge that connects Detroit to Windsor, Ontario, has applied for $1 billion in U.S. bonds to help pay for a new twin span, and the state agency that will help make that decision is a chief competitor in building a new bridge, the Detroit News reported.
March 28, 2007Security & Safety Briefs
Con-way Exec Named to FMCSA Safety Committee • Ford Recalls Medium-Duty Trucks • Ontario Trucking Sets Plan to Recover Stolen Cargo
March 28, 2007Perseverance, Timing Key to Mediation of Accident Claims
NEW ORLEANS — While great trials may provide drama and public fascination, mediation of accident claims — a process that avoids that drama — is daily life for trucking companies and other transportation providers. Those involved with the system said mediation takes special skills and techniques.
Truck Tonnage Index Declines 1.7% from Feb. ’06
American Trucking Associations’ advanced seasonally adjusted truck tonnage index for February fell 1.7% from the same month a year ago, marking the eighth straight year-to-year decline, ATA said late Monday.
Gasoline Price Rose 5.6 Cents in Past Two Weeks, Lundberg Says
Average U.S. retail gasoline prices rose 5.6 cents in the past two weeks to about $2.61 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
March 26, 2007Paccar to Trim Production at Ohio Kenworth Plant
Paccar Inc., the parent of Kenworth Truck Co., will temporarily shut down production at Kenworth’s Chillicothe, Ohio, plant, the Chillicothe Gazette reported.
March 26, 2007Trucking Would Consider Higher Taxes, Graves Says
The trucking industry is willing to pay higher fuel taxes as long as the money is spent to improve the highway infrastructure, American Trucking Associations President Bill Graves said.
March 23, 2007