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Freightliner Sees Lower Interest in APUs as Carriers Focus on Cost of ’07 Engines
Although fleets’ interest in auxiliary power units is growing, officials at Freightliner Trucks said they expect demand to slow temporarily this year as carriers concentrate their spending on current trucks rather than those coming in January.
March 20, 2006Vermont House Approves Increase in Diesel Fuel Tax
The Vermont House approved a transportation budget Friday that includes a six-cent-a-gallon increase in the diesel fuel tax.
March 20, 2006ABX’s Profit Declines in 4Q, 2005
Freight airline ABX Air Inc. said its fourth-quarter profit fell to $9.1 million or 16 cents per share, compared with $18.1 million or 31 cents per share a year earlier.
March 20, 2006NAFTA Ruling Could Eliminate U.S. Tarriffs on Canadian Lumber
A ruling by a North American Free Trade Agreement dispute panel could lead to the elimination of duties placed on Canadian lumber by the United States, Bloomberg News reported.
March 20, 2006N.J. Assembly OKs Governor's Transportation Plan
The New Jersey Assembly has approved Gov. Jon Corzine's proposal to prevent the state’s Transportation Trust Fund for going bankrupt later this year, news services reported..
March 20, 2006Indiana to Lease Turnpike to Private Operators for $3.8 Billion
Indiana Gov. Mitch Daniels (R) has signed into law a bill that allows the state to lease the Indiana Turnpike to private operators for an upfront payment of $3.8 billion, Reuters reported..
March 20, 2006Fmr. STB Chair Nober Takes Job With Transportation Lobbying Firm
Roger Nober, the former chairman of the Surface Transportation Board, has been elected a partner at the transportation practice group at Steptoe & Johnson, a Washington-based lobbying firm.
March 17, 2006Consumer Sentiment Unchanged in March
The University of Michigan said its consumer sentiment index remained unchanged at 86.7 in March, Bloomberg reported Friday.
March 17, 2006Bush Signs Anti-Counterfeiting Law
President Bush signed a measure into law Thursday aimed at reducing the number of counterfeit manufactured goods.
March 17, 2006U.S. Industrial Production Rose 0.7% in Feb., Report Says
U.S. factories increased their output in February, rebounding from a decline the previous month, according to a report released Friday by the Federal Reserve.
March 17, 2006