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Equipment Lessors Consolidate, Reduce Fleet Sizes to Adjust for Changing Demand

A weak economy and a deteriorating business environment for truckers are creating challenges and opportunities for equipment leasing and rental companies, executives in the field say.

March 31, 2008

Covenant Projects 1Q Loss Due to High Fuel Costs

Truckload carrier Covenant Transportation Group said Thursday it will lose 40 cents to 50 cents per share in the first quarter, citing soaring diesel fuel prices.

March 27, 2008

ATA Calls on Feds to Help Solve Fuel-Price ‘Crisis’

American Trucking Associations called for a series of steps by the federal government to alleviate it what it said was a crisis for the trucking industry caused by soaring fuel prices.

March 28, 2008

FMCSA May Soon Set Sleep Apnea Standards, Paper Says

An effort to curb drowsiness among truck drivers could gain ground next month when a review panel acts on medical findings regarding sleep apnea, USA Today reported Wednesday.

March 26, 2008

Peters Touts Cross-Border Program’s Benefits to Agricultural Exporters

Transportation Secretary Mary Peters said the government’s cross-border trucking program with Mexico was essential for helping U.S. agricultural exports.

March 26, 2008

Feb. Truck Tonnage Rises 3.5%

February truck tonnage rose 3.5% from the same month last year, American Trucking Associations said in its monthly seasonally adjusted for-hire truck tonnage index.

March 27, 2008

New FHWA Head Says He’s Open to Changes in ’09 Highway Bill’s Size-and-Weight Limits

WASHINGTON — The new head of the Federal Highway Administration said he was open to considering changes to truck size-and-weight limits and other truck productivity issues as part of the Transportation Department’s proposals for the 2009 reauthorization of federal transportation legislation.

March 24, 2008

Cummins Releases CARB-Compliant APU

Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.

March 26, 2008

Truckers’ Seat Belt Usage Hits Record 65%, DOT Says

The number of professional truck drivers using safety belts jumped dramatically last year to a record 65%, the Department of Transportation said Tuesday.

March 25, 2008