Trucking-Related Revenue Rose to $292 Billion in ’05
Trucking, couriers and messengers, and warehousing and storage revenue reached $292 billion in 2005, up from $266 billion the year before, the U.S. Census Bureau reported.
January 10, 2007Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Paccar to Build $400 Mln. Powertrain Plant in Southeastern U.S.
Paccar Inc., the parent company of Kenworth Truck Co. and Peterbilt Motors Co., said late Tuesday it plans to build a new $400 million powertrain manufacturing plant in the southeastern United States.
January 10, 2007Security & Safety Briefs — Jan. 4 - Jan. 10
Highway Watch Report Leads to Arrest • McMurray Named FMCSA’s Chief Safety Officer • Mass. Trucking Company Files Complaint Against FMCSA • Survey Cites Drivers’ HOS Compliance Concerns • And more...
January 10, 2007FMCSA to Propose Electronic Onboard Recorder Rule Thursday
The Federal Motor Carrier Safety Administration said late Tuesday that it will announce a proposed rule regarding electronic on-board recorders for commercial trucks and buses on Thursday morning.
January 10, 2007Crude Oil Closes at 19-Month Low, at $54.02 a Barrel
Crude oil futures hit a 19-month low price, closing at $54.02 a barrel on the New York Mercantile Exchange Wednesday following a Department of Energy report showing strong heating-oil inventories, Bloomberg reported.
January 10, 2007Wachovia Upgrades Trucking Sector
Wachovia Capital Markets upgraded the U.S. trucking sector to “market weight” from “underweight,” citing opportunities for investors to be more constructive ahead of the next upturn, Reuters reported.
January 9, 2007CDL Fraud Probe Targets False Addresses
Several people who obtained commercial driver’s licenses from a southern Missouri trucking school gave false home addresses, and state officials acknowledge they currently have no way to stop the practice, the Associated Press reported.
January 9, 2007Carriers, Drivers Embrace Mobile Tracking Technology
When Foodliner Inc., a liquid and dry-bulk carrier based in Dubuque, Iowa, put in a mobile communications system to track the location of its trucks and monitor the performance of its drivers, corporate controller Tom Stueck said he expected some resistance.
January 8, 2007Truck Officials Wrestle With In-Cab Systems for Monitoring Sophisticated Diesel Engines
Engine manufacturers and trucking officials said they recognize the need for onboard diagnostic systems to monitor the performance of emission-treatment systems because diesel engines are growing in complexity.
January 4, 2007TransForce Completes Acqusition of Trucking Firm Westfreight
Canadian transportation firm TransForce Income Fund said Thursday it completed its acquisition of Westfreight Systems and Westfreight Holdings (U.S.A.). Terms were not disclosed.
January 4, 2007