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Motor Carriers Well Positioned for Growth over the Next Decade, ATA’s Costello Says

Motor carriers will be well positioned over the next decade to gain business from faster-growing economic sectors such as durable goods, exports and chemical shipments, American Trucking Associations’ chief economist said last week.

April 20, 2009

Privatized Toll Roads Offer Quick Fixes but Pose Long-Term Threats, Study Says

Privatizing toll roads may give cash-strapped states a quick budget fix, but such deals, especially for existing highways, “pose long-term threats to the public interest,†according to a new study by an advocacy group.

April 20, 2009

Most Sterling Dealers Signed Settlement Deals with Daimler Trucks, ATD Board Member Says

Most of the 300 Sterling Trucks dealers in the United States and Canada accepted settlement offers from Daimler Trucks North America after DTNA announced it would shut the brand down, the Sterling board member of the American Truck Dealers said April 9.

April 20, 2009

J.B. Hunt’s First-Quarter Earnings Fall 16%

J.B. Hunt Transport Services Inc.’s first-quarter earnings fell 16% to $30.8 million, providing new evidence of the recession’s effect on carrier profits.

April 20, 2009

Survey Finds Parts Makers ‘A Little More Optimistic’

Companies that manufacture heavy-duty truck parts have become “a little more optimistic†about their industry after the first quarter of 2009, despite the fact that 85% are still experiencing sales declines and only 45% of their customers are paying on time, according a survey by the Heavy Duty Manufacturers Association.

April 20, 2009

Calif. Ports’ Dominance Wanes as Shippers Seek Alternatives

Rising costs for container fees, administrative expenses and environmental requirements in the midst of an economic downturn are causing shippers, importers and retailers to consider alternatives to the ports of Los Angeles and Long Beach for shipping their goods, according to trade association officials.

April 20, 2009

EPA Eyes Greenhouse Gas Regulations

The Environmental Protection Agency said Friday that greenhouse gases could pose a danger to the public health, paving the way for new regulation of vehicles, power plants and factories, Bloomberg reported.

April 17, 2009

Raising the Bar on Service

A few more customers may be peeking into the showroom, but buying volume continues to limp along near 25-year lows, according to the latest report on Class 8 truck sales.

April 20, 2009

Philadelphia Factory Index Improves, but Still Shows Contraction

Manufacturing levels in the Philadelphia region continued to contract this month, the Federal Reserve Bank of Philadelphia said Thursday.

April 16, 2009

Continuing Jobless Claims Top 6 Million

Initial jobless claims fell last week, while continuing claims reached a record over 6 million, the Labor Department said Thursday.

April 16, 2009