The California Air Resources Board Friday adopted the strictest diesel emission standards in the nation, requiring expensive diesel particulate filters on rigs on a timetable, over objections the rule could hurt or shut down smaller trucking companies, the Associated Press reported.
December 15, 2008Trucking 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.
Wabash Suspends Dividend Payments
Trailer maker Wabash National Corp. said Monday it is suspending its quarterly dividend, “due to the impact of continued weak economic conditions and the uncertainty regarding the timing of a recovery.â€
December 15, 2008Industrial Production Falls in November
U.S. industrial production fell 0.6% in November, the Federal Reserve said Monday.
December 15, 2008Used Truck Association Names New President
The Used Truck Association has named Marty Crawford, an Atlanta-based dealer for Arrow Truck Sales, as its president.
December 15, 2008New York Manufacturing Index Reaches All-Time Low
Manufacturing growth in New York state continued to show contraction this month, hitting the lowest level on record, the Federal Reserve Bank of New York said Monday.
December 15, 2008Top Environment Appointments Seen for Browner, NJ’s Jackson
President-elect Barack Obama reportedly has settled on an experienced team to lead in environmental and energy policy areas, including two women reasonably well-known in trucking circles.
December 15, 2008Obama’s Infrastructure Proposal Draws Trucking Industry Praise
President-elect Barack Obama’s promise to sponsor the largest infrastructure-building program in more than 50 years has excited trucking officials, who also encouraged the new administration not to overlook the longer-term highway spending package due next year.
December 15, 2008Urea Supply Will Be Ample, OEMs, Truck Stops Predict
Truck manufacturers and truck-stop chains said their customers would find adequate supplies of urea around the nation when new heavy-duty diesel engines that utilize selective catalytic conversion hit the road in 2010 models.
December 15, 2008Diesel Slips 10¢ to $2.515
The average retail price of U.S. diesel fuel dropped for the 10th consecutive week, the Department of Energy reported, but the gap between diesel and gasoline price reached the widest spread since the agency began publishing diesel prices in 1994.
December 15, 2008Consumer Sentiment Index Rises After 28-Year Low
U.S. consumer confidence improved this month after last month's 28-year low, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index, released Friday.
December 12, 2008Trending
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