FedEx Corp. has delayed delivery of some Boeing Co. 777 freighter planes by as long as 17 months, due to a lag in shipments demand, Bloomberg reported.
December 22, 2008Search
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Trailer Makers Expect Little Joy in 2009
Saddled with widespread layoffs and continued slumping sales, trailer manufacturers have low expectations for 2009, as fleet customers hunker down to cope with a recession, dwindling freight markets and tight credit.
December 29, 2008Truck Sales Gain 2.8% in November
Strong volume increases at Freightliner and Navistar drove the expansion of U.S. heavy-duty truck sales into a sixth month during November, although for the full year, purchase levels are all but guaranteed to fall below those of 2007, according to the latest survey from WardsAuto.com.
December 29, 2008FMCSA Unveils Chassis Rule, Aims to Make Equipment Safer
The Federal Motor Carrier Safety Administration published a long-awaited intermodal equipment rule that should boost truckers’ productivity by speeding up operations and ensuring that chassis are safer.
December 22, 2008Truck Tonnage Falls 1.8% in November
Truck tonnage fell 1.8% in November from the same month last year, matching October’s year-over-year downturn, and “the freight outlook remains bleak,” American Trucking Associations said.
December 23, 2008Diesel Drops 5.6¢ to $2.366; Gasoline’s Decline Slows
The national average price of diesel fuel fell 5.6 cents to $2.366 a gallon, while gasoline’s decline slowed to less than a penny, the Department of Energy reported Monday.
December 23, 2008Love's Travel Stops Extends Agreement With Pegasus TransTech
Love’s Travel Stops and Country Stores has signed a 10-year extension to their agreement with Pegasus TransTech, a provider of the TRANSFLO Express document scanning network, Love's said last week.
December 22, 2008Cummins’ Emissions Unit Lays Off 100 at Wisconsin Plant
Diesel engine maker Cummins Inc.’s emissions subsidiary will lay off about 100 workers at a Wisconsin plant, effective immediately, because of the slumping North American truck market, the company said.
December 19, 2008ATA Report Shows Increase in Trucking Miles
Class 8 trucks rolled up 139.3 billion miles in 2006, up from 130.5 billion in 2005, according to American Trucking Associations’ American Trucking Trends 2008-2009 report, released this week.
December 19, 2008Obama Formally Nominates DOT, Labor Secretaries
President-elect Barack Obama Friday formally named Rep. Ray LaHood (R-Ill.) to be his Transportation Secretary and Rep. Hilda Solis (D-Calif.) to be Secretary of Labor.
December 19, 2008