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‘Sporadic’ Used Truck Gains Encourage Class 8 Dealers

While sales of new Class 8 trucks continue to languish, several used truck dealers said they have noted recent “sporadic†increases in business that they believe could signal a market bottom. However, they added that financing problems were restricting sales.

September 14, 2009

DOT Freight Index Falls Year-Over-Year in July

The Department of Transportation’s freight transportation services index fell year-over-year in July by the most in 20 years, but showed an increase from June, DOT said Thursday.

September 10, 2009

Intermodal Traffic Sees Slight Gain

Intermodal rail traffic in the United States increased 0.2% last week from the same week a year ago, the Association of American Railroads said in its weekly report.

September 11, 2009

NTSB Bans Employee Cell Phone Use While Driving

The National Transportation Safety Board has instituted a policy banning texting and talking on cell phones by its employees while they are working, the Associated Press reported.

September 9, 2009

Economy Shows Improvement, Fed ‘Beige Book’ Says

The U.S. economy showed signs of stabilization in late July and August, though trucking and transportation industry reports were mixed, the Federal Reserve said Wednesday.

September 9, 2009

UTi Worldwide’s Profit, Revenue Decline

Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal second quarter.

September 9, 2009

DOE Forecasts Higher Diesel, Gas Prices

The national average price of diesel fuel will rise to $2.74 in the fourth quarter, from $2.62 in the third quarter, as the winter heating-fuel season begins and oil prices rise, the Department of Energy said Wednesday.

September 9, 2009

DOT Launches Freight Management Software

The Department of Transportation has released a new software application that it said will help the transportation industry to deliver products more efficiently.

September 8, 2009

Obama to Decide Next Week on Chinese Tire Tariffs

The Obama administration will decide by next week whether to put a 55% import tariff on imported Chinese tires, which are gaining a growing share of the U.S. market, the Washington Post reported Tuesday.

September 8, 2009

E&MU: Regular Check-Ups Prevent Costly Fixes

Ken Eggen at Tango Transport in Shreveport, La., knows that one size doesn’t fit all.

That is why he has separate preventative maintenance checklists for each of the three engine models his fleet runs. He goes a step further and sits down with his shop managers quarterly to pick through those checklists and make adjustments.

September 8, 2009