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Obama Calls for Simplification of Rules, Review of Regulations That Hurt Growth
President Obama signed an executive order on Jan. 18 calling for a simplification of regulations and a review of ones that stifle economic growth.
January 24, 2011Analysts, Economists Differ on Outlook for Transportation, U.S. Growth
LAS VEGAS — Two industry analysts differed over whether trucking will tread water this year or improve its financial performance even more than it has, and economists told heavy-duty executives the danger of a double-dip recession is gone.
January 24, 2011Truck Market Becomes More Global, Intensifying Competition, Execs Say
LAS VEGAS — The dynamic heavy-duty truck market is becoming more closely connected globally, with manufacturers of parts, components and whole vehicles competing fiercely worldwide while more national governments impose significant regulations on carbon dioxide emissions, industry executives said.
January 24, 2011LaHood’s Praise of Bike Lanes Irks Trucking, Highway Users
A recent blog from U.S. Transportation Secretary Ray LaHood has provoked truckers and other highway users to complain anew about an old issue — highway trust fund money paying for things other than highways.
January 24, 2011CSA to Affect Insurance Rates, but Direction Remains Unclear
What will happen to the cost of insurance for fleets following implementation of the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability program? The answer: It depends.
January 24, 2011Medium Truck Sales Up 24% in Biggest Month Since 2008
U.S. sales of medium-duty trucks totaled 30,578 in December, a 24.7% increase over the comparable month in 2009 and the highest amount since March 2008, WardsAuto.com reported.
January 24, 2011Experts See 2011 Merger Wave as Three Fleets Announce Deals
Carrier acquisition announcements this month by three fleets provide a clear signal that the pace of trucking mergers will pick up in 2011, industry officials said.
January 24, 2011Diesel Rises 7.4¢ to $3.407 a Gallon
U.S. retail fuel prices rose for the seventh consecutive week, as the average price of a gallon of diesel jumped by 7.4 cents a gallon to $3.407, the Department of Energy reported.
January 24, 2011Covenant to Report Fourth-Quarter Profit
Covenant Transportation Group said it will report a fourth-quarter 2010 profit of 3 to 7 cents per share, topping its performance in the year-ago quarter.
January 20, 2011Intermec Acquires Warehouse Tech Firm
Supply chain technology firm Intermec Inc. said it will acquire Vocollect Inc., a warehouse technology firm focused on voice-enabled products.
January 21, 2011