President Obama visited a California center featuring new hybrid trucks Friday, including plug-in hybrid with an engine developed by Eaton Corp. and the Electric Power Research Institute.
March 23, 2009Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Hub Issues 1Q Outlook
Hub Group Inc. said its first-quarter will be 15 to 20 cents per share, including an $800,000 severance plan.
March 24, 2009WABCO’s CEO to Become Chairman in May
WABCO Holdings said Tuesday that the company’s chief executive officer, Jacques Esculier, will become the company’s chairman in May.
March 24, 2009N.Y.-N.J. Port Sees First Decline in 15 Years
Container traffic at the Port of New York and New Jersey fell last year for the first time in 15 years, the Associated Press reported.
March 23, 2009Volvo Gives Tractor to ATA for Road Team
LOUISVILLE, Ky. — Volvo Trucks North America gave a new highway tractor to American Trucking Associations on March 19, providing the federation with a second power unit to pull its image trailer, a rolling demonstration for highway safety.
March 23, 2009Obama Views New Hybrid Trucks in California
Alabama Gov. Signs Steel-Coil Control Law
Alabama Gov. Bob Riley (R) signed into law a measure requiring truck drivers transporting steel coils to be properly trained so that coils are tied down securely, according to the governor’s Web site.
March 23, 2009Technicians to Face More Fault Codes With Use of OBDs, Engine Makers Say
Truck technicians next year will have to deal with a pronounced increase in engine fault codes because of the onboard diagnostics systems added to 2010 and later model engines, engine makers said.
March 23, 2009Gas Dips 1¢ to $1.95, Lundberg Says
The national average price of regular gasoline fell by a penny over the past two weeks to $1.95 a gallon, the first decline of the year, according to the latest Lundberg Survey of filling stations released Sunday.
March 23, 2009Existing °®¶¹´«Ã½ Sales Rise 5.1% in February
Existing homes sales rose 5.1% in February, the National Association of Realtors said Monday.
March 23, 2009Garmin Introduces Truck-Specific GPS Navigator
Garmin International announced last week a global positioning system navigator that it said is its first portable navigation device designed exclusively for the trucking industry.
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