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U.S. Offers States Millions for Transport Projects
The Obama administration has offered states $472 million in federal funding for use toward any transportation construction that previously had been designated for specific projects.
August 27, 2012Test Links Vehicles, Roads Through Wireless Devices
The U.S. Department of Transportation last week launched a test to determine if trucks, cars and buses equipped with wireless devices that allow the vehicles and highway infrastructure to 鈥渢alk鈥 to each other will prevent crashes, and whether such connected vehicle technology should be required on all vehicles.
August 27, 2012Used Class 8 Sales Drop in July; Low-Mileage Models Still Scarce
With low-mileage used Class 8 trucks increasingly difficult to find, sales declined in July, ACT Research and dealers said.
August 27, 2012Cummins Widens Engine-Sales Lead in First Half of 2012
Cummins Inc. widened its lead in the race to sell Class 8 truck engines during the first half of 2012, providing 63,802 units to customers for a 42.2% market share, up from 34.5% a year earlier, WardsAuto.com reported.
August 27, 2012Diesel Price Tops $4 a Gallon for First Time Since May
The U.S. retail diesel average price rose 6.1 cents to $4.026 a gallon last week, the first time it has risen above $4 since May, the Department of Energy reported last week.
August 27, 2012Navistar Details SCR Strategy for Regaining Market Share
LISLE, Ill. 鈥 Navistar International Corp. executives last week revealed their strategy for introducing a refocused product line with different engine emissions control technology in a bid to recapture market share.
August 27, 2012Truck Tonnage Increases 4.1% in July; Experts Predict Slower Growth
Truck tonnage rose 4.1% in July, extending the streak of consecutive year-over-year increases to 32, American Trucking Associations reported聽last week.
August 27, 2012FleetPride Buys Great Lakes Truck & Trailer
Truck and trailer parts supplier FleetPride Inc. , said it has acquired Great Lakes Truck & Trailer, Westlake, Mich., for an undisclosed sum.
August 24, 2012DOT Launches New Freight Policy Council
U.S. Transportation Secretary Ray LaHood launched the Freight Policy Council, a group tasked with generating a national freight policy, as called for in the new highway funding law.
August 24, 2012Oil Holds Over $96 on Isaac Concerns
Oil held over $96 a barrel in early trading Friday as forecasters kept an eye on Tropical Storm Isaac, which is likely to move into the Gulf of Mexico next week as a low-level hurricane, Bloomberg reported.
August 24, 2012