IdleAire Technologies Corp., a designer of anti-idling systems for long-haul trucks at truck stops, has filed for Chapter 11 bankruptcy, but its facilities will remain open to truckers, the company said Friday.
May 19, 2008Search
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Retail Sales Fall 0.2% in April
Retail sales declined 0.2% in April, the Commerce Department said Tuesday.
May 13, 2008
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Letters to the Editor: Border Program, Gas Tax Reality, Unpaid Miles, Fuel Prices
I agree with Secretary of Transportation Mary Peters: Congress should continue the cross-border program between the United States and Mexico.
May 12, 2008Court Upholds Graves Amendment on Liability
The New York Court of Appeals has upheld the constitutionality of a federal law, known as the Graves Amendment, that bars claims against leasing companies because of actions of equipment lessees.
May 12, 2008Trimac’s 1Q Earnings Decline
Canada-based transportation firm Trimac Income Fund said its first-quarter net earnings fell to C$600,000, or about 2 cents per unit, from C$1.5 million, or 5 cents, a year ago.
May 13, 2008UPS Freight Improves Transit Times from Southeast
UPS Freight said Monday it has reduced transit times on nearly 1,000 traffic lanes originating in Southwest and Southeast metropolitan areas to points across the United States.
May 12, 2008Xata Reports Second-Quarter Loss
Transportation software firm Xata Corp. said Monday it lost $1.4 million, or 17 cents a share, in its fiscal second quarter, compared with a loss of $900,000, or 12 cents, a year ago.
May 12, 2008Calif. Says Mack, VTNA, Cummins Engines Meet NOx Standard, Exempt From Idling Rule
The California Air Resources Board has confirmed to Transport Topics that Mack Trucks Inc., Cummins Inc. and Volvo Trucks North America have received certification that their heavy-duty engines meet California’s nitrogen oxide emission standards, providing users an exemption from the state’s five-minute idling regulation.
May 12, 2008Diesel Soars 18.2¢ to Record $4.331
Diesel fuel jumped 18.2 cents to a new record Monday, averaging $4.331 a gallon at the pump nationwide, the Department of Energy said.
May 13, 2008U.S. Trade Deficit Narrows
The U.S. trade deficit narrowed in March, as imports dropped by the most in more than six years, the, the Commerce Department said Friday.
May 9, 2008