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Wachovia Upgrades Trucking Sector
Wachovia Capital Markets upgraded the U.S. trucking sector to 鈥渕arket weight鈥 from 鈥渦nderweight,鈥 citing opportunities for investors to be more constructive ahead of the next upturn, Reuters reported.
January 9, 2007CDL Fraud Probe Targets False Addresses
Several people who obtained commercial driver鈥檚 licenses from a southern Missouri trucking school gave false home addresses, and state officials acknowledge they currently have no way to stop the practice, the Associated Press reported.
January 9, 2007ATRI Issues Final Request for HOS Sleeper-Berth Data
The American Transportation Research Institute issued a final call Tuesday for motor carrier safety data to measure the effects of the federal hours-of-service rule鈥檚 split sleeper-berth provisions.
January 9, 2007Delaware May Lease Its Toll Roads, Paper Reports
Delaware may consider leasing its toll roads to pay for road projects, in a move similar to other states, the Delaware News Journal newspaper reported Sunday.
January 8, 2007U.S. Freight Railroads Report Record-Breaking Year
U.S. freight railroads completed a record-breaking year in 2006, moving record numbers of carloads and intermodal containers, the Association of American Railroads said.
January 8, 2007Carriers, Drivers Embrace Mobile Tracking Technology
When Foodliner Inc., a liquid and dry-bulk carrier based in Dubuque, Iowa, put in a mobile communications system to track the location of its trucks and monitor the performance of its drivers, corporate controller Tom Stueck said he expected some resistance.
Gasoline Price Rises 3 Cents from Mid-December, Lundberg Says
Average U.S. retail gasoline prices rose 3 cents over the past three weeks to $2.32 a gallon, according to the latest Lundberg survey of gasoline prices released Sunday.
January 8, 2007EPA Certifies 鈥07 Diesel Engines as Dealers Await Clues on Sales
Manufacturers of new heavy-duty engines designed to meet Environmental Protection Agency emission regulations that went into effect Jan. 1 said EPA has certified all engine models submitted for approval.
January 8, 2007Technology Briefs 鈥 Jan. 3 - Jan. 8
TransCore Inks Satellite Pact with Norwegian Firm 鈥 WTO Urged to Scrap Duties on 鈥楪reen鈥 Technology 鈥 Iowa Judge to Rule on Speed Cameras
January 8, 2007Electronic Recorder Rule Near as White House Gives Approval
The White House late last month gave its approval for a proposal that could force truckers to use electronic recorders to monitor their hours of service, clearing the way for the rule to be published after more than two years of discussion.
January 8, 2007