Virginia Gov. Bob McDonnell (R) has asked federal officials to allow tolls on Interstate 95 near the North Carolina border to pay for repairs he said are needed on the interstate, the Associated Press reported.
May 12, 2010BusinessSafetyGovernment
Opinion: Calls to Restore Regulation Misguided
There have been calls for re-regulating transportation by testing applicants for Federal Motor Carrier Safety Administration operating authorities and broker licenses.
May 12, 2010Business
Contrans' First-Quarter Income Rises
Contrans Group said its first-quarter earnings improved to $3.3 million, or 11 cents a share, from $1.4 million, or 5 cents, in the 2009 quarter.
May 12, 2010BusinessEquipment
Accuride’s 1Q Loss Narrows
Accuride Corp., a manufacturer and supplier of commercial vehicle components, reported a net loss in its first quarter of $2.2 million, down from the $31.1 million it lost in the first quarter of 2009.
May 12, 2010Business
Trade Deficit Widens in March
The U.S. trade deficit widened in March to the highest level in more than a year, as crude oil imports rose, the Commerce Department said Wednesday.
May 12, 2010Business
ArvinMeritor Launching Vocational Trailer Suspension
FRANKFORT, Ky. — ArvinMeritor Inc. is about to launch a new line of trailing-arm air-ride trailer suspensions specifically designed for fleets that operate in vocational markets.
May 11, 2010BusinessFuel
DOE Boosts Diesel’s 2010 Price Forecast to Over $3 a Gallon
Diesel’s national average price will top $3 a gallon this year, the Department of Energy said Tuesday, boosting an earlier forecast by a dime.
May 11, 2010Business
Navistar Signs 5-Year Truck-Supply Pact With J.B. Hunt
Navistar Inc. has signed a long-term agreement to supply J.B. Hunt Transport Services with International brand commercial trucks through 2014.
May 11, 2010GovernmentBusinessSafetyAutonomous
Former DOT Chief Skinner Defends LaHood
CHICAGO — Former Transportation Secretary Samuel Skinner defended current Secretary Ray LaHood, telling tank truck executives here that recent pushes to promote rail and other modes of transportation at the expense of trucking were likely foisted upon him by the White House.
May 11, 2010BusinessAutonomous
Tornado Destroys Oklahoma Truck Stop
Tornados ripped through Oklahoma Monday, killing five, injuring 10 and destroying a Love’s Travel Stop near Oklahoma City, among other buildings.
May 11, 2010