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Gasoline Consumption Falling

Soaring gasoline prices, pushed by record crude oil prices, are causing U.S. consumers to reduce consumption of gasoline, the Wall Street Journal reported Monday.

March 3, 2008

Coalition Presses Congress for Action on Safety Technology Tax Incentives

WASHINGTON — A coalition of law enforcement and equipment manufacturers pressed Congress to act on a bill that would give fleets a tax incentive for purchasing safety technology.

March 3, 2008

Coca-Cola Buys 120 Eaton Hybrid Trucks

Component manufacturer Eaton Corp. said that Coca-Cola Enterprises has purchased 120 new trucks for 2008 delivery, powered by Eaton’s hybrid electric drivetrain system, Bloomberg reported.

March 3, 2008

CMV to Update Cadec’s Customers

Cadec Global, provider of fleet management software, and CMV Safety Consulting Inc. said they formed a partnership to keep Cadec customers up-to-date on North American trucking regulation changes.

March 3, 2008

Volvo Invests in Anti-Theft System Based on Radio Technology

Volvo AB, parent company of Volvo Trucks North America and Mack Trucks Inc., said it was working on a new tractor-trailer anti-theft system based on intelligent radio technology and sensors.

March 3, 2008

EPA to Hold Workshop on Test Protocol

The Environmental Protection Agency has scheduled a workshop for March 19-20 in Washington, D.C., to discuss a draft proposal to measure greenhouse gas emissions and fuel efficiency for trucks.

March 3, 2008

Diesel Jumps 10.6¢ to Record $3.658

3he average national price of retail diesel fuel jumped 10.6 cents to a record $3.658 a gallon, following last week’s record $3.552, the Department of Energy said.

March 4, 2008

NAFTA Surface Trade Climbs 3.1%

Surface trade among the United States, Canada and Mexico jumped 3.1% in December from a year earlier, the Department of Transportation said Monday.

March 3, 2008

PHH Arval’s 4Q Earnings Improve

PHH Corp. on Friday said that its fleet management service subsidiary, PHH Arval, earned $35 million in the fourth quarter, up from $27 million a year ago.

February 29, 2008

Editorial: Skyrocketing Fuel Prices Add Pain

As if a slowing economy, depressed housing and auto markets and sharply rising consumer prices aren’t bad enough news for trucking, fuel prices are skyrocketing again.

March 3, 2008