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Trucking Opposes Plan to Raise Hazmat Fees

A proposed federal rule that triples to $3,000 the annual registration fee for large hazardous materials motor carriers but maintains a fee of $300 for small carriers places an unfair burden on large carriers, American Trucking Associations and National Tank Truck Carriers said in written comments opposing the new rule.

March 15, 2010

Senators Criticize Infrastructure Bank Proposal

Several U.S. senators have criticized the Obama administration’s plan to use $4 billion to create a new national infrastructure bank to help finance transportation projects, questioning how the bank would operate and whether rural projects would lose funding to larger urban areas.

March 9, 2010

Producers Roll Out New Models as Fleets Eye Lighter, Tougher Units

The drive by trucking companies to become more efficient is reshaping the trailer manufacturing industry.

March 8, 2010

Penske Completes Bright Truck Acquisition

Penske Truck Leasing Co. said that it has completed the acquisition of Bright Truck Leasing & Bright Distribution, a truck leasing, maintenance, rental and logistics company.

March 2, 2010

Ryder Enters Asian Logistics Partnership

Ryder System said Monday it has signed a joint venture partnership with Cargo Services Far East Limited, an Asia-based logistics provider specializing in export consolidation services.

March 1, 2010

Diesel Rises for Second Week, Climbing 2.9¢ to $2.861

Diesel fuel rose for the second straight week, gaining 2.9 cents to a national average $2.861 at the pump, the Department of Energy reported.

March 2, 2010

Existing °®¶¹´«Ã½ Sales Fall in January

Existing homes sales dropped 7.2% in January for the second straight month, the National Association of Realtors said Friday.

February 26, 2010

Mullen’s Fourth-Quarter Income Improves

Canadian transportation firm Mullen Group said its fourth-quarter profit grew 56.3% to C$11.1 million or 14 cents per share, from C$7.1 million, or 9 cents per share, a year ago.

February 25, 2010

Expeditors’ 4Q Income Slips

Logistics firm Expeditors International of Washington’s fourth-quarter net income fell 11% to $69.1 million, or 32 cents a share, from $77.7 million, or 36 cents, a year ago.

February 24, 2010

Clean Energy to Expand in Southern California

Clean Energy Fuels Corp. said Tuesday it will expand its network of liquefied natural gas stations in southern California in large cities and along major truck routes, with a goal to expand into the Southwest.

February 23, 2010