Eastern freight rail line Norfolk Southern Corp. plans to build a rail corridor costing more than $2 billion from Louisiana to the Northeast that it said would speed shipments and reduce truck freight, the Associated Press reported.
June 7, 2007Search
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Navistar Sues Ford in Engine Dispute
Navistar International Corp. said Wednesday it has filed a lawsuit against Ford Motor Co. for breach of contract relating to a diesel engine contract involving Ford鈥檚 F-150 pickup truck and is seeking 鈥渁t least hundreds of millions of dollars鈥 in damages.
June 6, 2007Paccar Completes European Acquisition
U.S. truck maker Paccar Inc. said its finance subsidiary completed acquisition of a German truck leasing company.
June 5, 2007Mack Markets In-Cab System to Reduce Engine Idling
Mack Trucks introduced a new in-cabin power system as an option, joining several other truck manufacturers 鈥 including International, Kenworth and Peterbilt 鈥 in offering built-in units to limit idling.
June 4, 2007Bush OKs Delay to Mexican-Trucks Plan
President Bush last week signed legislation effectively stalling a pilot program aimed at permitting trucks from Mexico to deliver goods in the United States.
June 4, 2007TMW Acquires Software Firm
Trucking software firm TMW Systems said Thursday it acquired TMT Software, which makes fleet maintenance applications, for an undisclosed sum.
May 31, 2007TravelCenters Buys Petro
TravelCenters of America said late Wednesday it has acquired fellow truck stop chain Petro Stopping Centers for about $700 million.
May 31, 2007Bush Signs Mexican Trucks Restrictions Into Law
President Bush has signed a bill into law setting restrictions on the government鈥檚 pilot program to allow Mexican trucks access to U.S. highways, the Associated Press reported.
May 30, 2007Bush Signs Mexican Trucks Restrictions Into Law
President Bush signed a bill Friday that would set restrictions on the government鈥檚 pilot program to allow Mexican trucks access to U.S. highways, the Associated Press reported.
May 29, 2007STB Asked to Delay New Limits On Freight Rate-Setting Bureaus
The National Motor Freight Traffic Association has asked the Surface Transportation Board to delay a decision to end antitrust immunity for trucking rate bureaus.
May 28, 2007