YRC Worldwide said it has amended a $950 million credit agreement with lenders, a move that sent its stock higher in after-hours trading, the Associated Press reported.
September 1, 2009Business, Equipment
Aftermarket Revenue to Fall by 10% This Year, Industry Analysts Estimate
The heavy-duty aftermarket industry, which had passed through the previous two recessions relatively unscathed, has been hit hard this time, with one analyst saying revenue will be down 8% to 10% this year compared to 2008, which itself suffered a 4% drop from 2007.
September 1, 2009Government, Business, Safety
YRC Gains $950 Million Credit Agreement
Business, Government
New Trucks to Be Added to W.Va. State Fleet
West Virginia-made Hino trucks soon will become part of the state Division of Highways’ road maintenance fleet, the Associated Press reported.
September 1, 2009Business, Fuel
Daimler Gains DOE Funding in AltTech Vehicles Program
Daimler Trucks North America said Monday it will participate in at least seven programs totally about $33 million under a U.S. Department of Energy grant for alternative technology vehicles.
August 31, 2009Business, Safety, Government
NAFTA Surface Trade Plunges 31.5% in June
Surface transportation trade among the United States, Canada and Mexico plunged 31.5% in June from a year earlier, though rose from May, the Department of Transportation said Monday.
August 31, 2009Business
Bosselman to Manage 9 Flying J Truck Service Shops
Flying J Travel Plazas said Wednesday it has leased nine locations from its J Care Service Centers subsidiary to truck stop repair firm Bosselman Boss Shops.
August 31, 2009Government, Business
Oil Falls $3 to Below $70 a Barrel
Oil fell $3 a barrel Monday to close below $70 as the dollar strengthened and China’s stock market fell 7%, Bloomberg reported.
August 31, 2009Government, Business
Dealers to Push for 10% Tax Credit for New Trucks
Truck dealers plan to meet with Obama administration officials Wednesday to push for a 10% tax credit for buyers of new trucks and engines.
August 31, 2009Business, Safety, Government
Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago improved in August, the Institute for Supply Chain Management-Chicago said Monday.
August 31, 2009Business, Safety, Government, Fuel
Calif. County to Get $10 Million for AltFuel Project
San Bernadino County’s transportation agency will get nearly $10 million in federal stimulus funds for a clean-energy truck project, the San Bernardino (Calif.) Sun newspaper reported Sunday.
August 31, 2009