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New °®¶¹´«Ã½ Sales Rise 3.3%

New home sales increased 3.3% in April, the Commerce Department said Tuesday.

May 27, 2008

Knight Boosts Dividend

Knight Transportation said Tuesday its board increased its quarterly dividend to 4 cents a share, from 3 cents.

May 27, 2008

House OKs Excise Tax Exemptions for APUs

The House of Representatives passed a bill last week that included a tax break for companies purchasing trucks with auxiliary power units or advanced insulation by exempting the cost of those items from the federal excise tax on trucks.

May 27, 2008

Truck Pre-Buy Unlikely in ’09; Execs Confident in New Engines

NEW YORK — Executives with four of the largest U.S. trucking fleets all said they are not planning to pre-buy trucks next year.

May 27, 2008

N.J. Motor Truck Assn. Puts Up Link to Help Displaced Jevic Drivers

The New Jersey Motor Truck Association has put a large banner link on its Web site to help the approximately 1,000 truck drivers who were let go from Jevic Transportation this week find work.

May 23, 2008

N.J. Port Trucking Group Backs Toll, Tax Hikes

A group that represents truckers at the Port of New York/New Jersey is backing a proposal to raise tolls and the gasoline tax in the state, the Associated Press reported.

May 23, 2008

As Tire Retreading Market Grows, So Do Counterfeits, Look-Alikes

As fuel prices have skyrocketed, trucking companies have been forced to look closer at other parts of their businesses to trim costs.

May 26, 2008

Jevic Closes Its Doors After 27 Years in Business

Jevic Transportation, the heavyweight less-than-truckload carrier and vendor to the chemical industry whose rapid growth at an early age once impressed investors, closed its doors and filed for bankruptcy last week after 27 years in business.

May 26, 2008

Crude Price Pushes Fuel Higher

The average retail diesel price continued its meteoric rise last week, surging another 16.6 cents to a record $4.497 a gallon, according to the Department of Energy.

May 26, 2008

No Correlation Between Safety, Length of Training, ATRI Says

A study conducted by the American Transportation Research Institute found there is no correlation between the length of a training program and safety performance.

May 20, 2008