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DOT Sets $685 Million for Emergency Road Repairs
Acting Transportation Secretary Maria Cino announced Monday $685 million in emergency funds to repair damaged roads in 31 states.
July 31, 2006ABF Expanding Network for Next- and Second-Day Service
Less-than-truckload carrier ABF Freight System said Monday it has implemented a regional transportation network to facilitate next-day and second-day delivery in the eastern United States.
July 31, 2006ArvinMeritor’s Fiscal Third-Quarter Income Declines
Heavy-duty components maker ArvinMeritor said Monday its fiscal third-quarter profit fell to $20 million or 29 cents a share, from $46 million or 66 cents a year earlier.
July 31, 2006TNT’s Second-Quarter Income Rises 10.7%
Netherlands-based logistics firm TNT NV’s second-quarter earnings before interest and tax rose 10.7% to 342 million euros, Reuters reported Monday.
July 31, 2006Winter Kerosene Shortage Could Boost ULSD Prices
A shortage of ultra-low-sulfur kerosene is expected to drive up the price of fuel for truckers in cold climates this winter, fuel refiners and fleet officials said.
July 31, 2006Chicago Manufacturing Index Rises for July
The National Association of Purchasing Management-Chicago’s manufacturing index expanded in July, the group said Monday.
July 31, 2006Agriculture Transporters Form Renewable Fuels Task Force
American Trucking Associations’ Agricultural and Food Transporters Conference said last week that it has formed a Renewable Fuels Task Force to examine issues associated with renewable fuels and their importance to the commercial agricultural trucking industry.
July 31, 2006Technology Briefs — July 25 - July 31
Navteq Signs Deal With LandSonar on Traffic Data • TransCore Acquires Rail Logistics Provider • Pennsylvania Using Sensors to Improve Roads • AtRoad Takes $2.9 Million Second-Quarter Loss • And more...
July 31, 2006Oshkosh Truck Buys Iowa Company
Specialty truck maker Oshkosh Truck Corp. said late Friday it signed an agreement to buy Iowa Mold Tooling Co. for $131 million.
July 31, 2006Editorial: ULSD and Interesting Times
We doubt that anyone expected the national conversion to ultra-low-sulfur diesel as the primary motor fuel for the trucking industry would be completely smooth. But we also doubt that most folks thought the switchover would fulfill that old and often-quoted curse: May you live in interesting times.
July 31, 2006