Engine maker Cummins Inc. said last week it would reduce its workforce by 2,000 employees, or about 4% of its global payroll, and close or restructure some manufacturing facilities as a result of lower demand for its products, including truck engines.
November 1, 2015Search
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Texans Slated to Vote on Proposition 7, Which Provides $2.5 Billion for Roads
A year after overwhelmingly voting for Proposition 1, which devotes about $1.2 billion to the state’s highway fund, Texans will consider another transportation initiative, Proposition 7, when they go the polls on Nov. 3.
November 1, 2015Used Truck Prices Slump at Auctions, Analysts Say
A major auction of fleet-owned, model year 2012-2013 sleeper trucks in mid-September pulled in lower-than-expected prices and may have signaled the start of a market erosion, according to Chris Visser, an analyst with American Truck Dealers.
November 1, 2015Truckload Carriers Report Higher 3Q Profits; Cautious About Future Industry Conditions
Third-quarter earnings rose at several truckload carriers amid growing caution about future industry conditions.
November 1, 2015Brake Safety Week Out-of-Service Violations Drop to 12.3% in 2015
The out-of-service rate for the annual Brake Safety Week event in September was 12.3%, down from 16.2% last year, the Commercial Vehicle Safety Alliance reported.
October 29, 2015Rural Areas Receive Record Percentage of DOT TIGER Grants
Transportation Secretary Anthony Foxx announced Oct. 29 that the department will issue $500 million in infrastructure grants covering 39 projects in 34 states.
October 29, 2015Foxx 'Cautiously Optimistic' About Passage of Long-Term Highway Bill
Transportation Secretary Anthony Foxx is “cautiously optimistic” that Congress will pass long-term transportation legislation in the near future.
October 29, 2015ATA Chairman Hopeful Speaker Paul Ryan ‘Will Lead’ Passage of Highway Bill
American Trucking Associations Chairman Pat Thomas has a message for new Speaker of the House Paul Ryan.
October 29, 2015Rhode Island Trucking Association Offers Alternative to Gov. Raimondo’s Plan
When Rhode Island Gov. Gina Raimondo announced her transportation plan based on truck tolling Oct. 8, Rhode Island Trucking Association President Chris Maxwell called RhodeWorks “ridiculous.”
October 28, 2015BATIC Executive Director: ‘Congress Needs to Fund’ Infrastructure Projects
WASHINGTON— The executive director of a newly launched office at the U.S. Department of Transportation set up to help states finance infrastructure projects said Congress remains the main driver for advancing those projects.
October 27, 2015