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Fleet Sentiment Report Buying Index Rises 4+ Points
February 2, 2012
The first quarter of 2012 FSR Buying Index as reported in the Fleet Sentiment Report published by CK Commercial Vehicle Research rose 4.6 points from the fourth quarter of 2011 to a reading of 93.9. CKCVR surveys for-hire, private and government fleet representatives quarterly to ...
Fleet Brake Announces Agreement To Sell Certain Assets To FleetPride
February 2, 2012
Fleet Brake USA, LLC announces that it has reached an agreement in principle with an affiliate of FleetPride, Inc. to sell certain of its assets (the former Page Brake) in Utah and Idaho that were recently acquired by Fleet Brake pursuant to a court order ...
Year-Over-Year NAFTA Trade Up 12.7% In November
February 1, 2012
Trade using surface transportation between the United States and its North American neighbors, Canada and Mexico, was 12.7 percent higher in November 2011 than in November 2010, totaling $76.7 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.
BTS, a part ...
House Highway Bill Addresses Weight Limits, HOS Changes
February 1, 2012
The American Trucking Associations and the Coalition for Transportation Productivity on Tuesday, Jan. 31, both praised the U.S. House Committee on Transportation and Infrastructure and Chairman John Mica for their work to craft the American Energy and Infrastructure Jobs Act, a reauthorization bill the groups ...
Freight Railroads Expect To Spend A Record $13 Billion On Capital Expenditures
January 30, 2012
The Association of American Railroads (AAR) announced that the nation's major freight railroads are projected to invest a record $13 billion in capital expenditures in 2012 to expand, upgrade, and enhance the nation's freight rail network. The freight railroads also expect to hire more than ...
Penske Continues Upward Hiring Trend In 2012
January 30, 2012
Penske Truck Leasing and Penske Logistics plan to hire approximately 3,500 associates within their North American operations throughout 2012.
Penske says its promising hiring outlook stems from the increasing demand for its services as the transportation sector continues to recover. Planned hiring is in line with ...
Canadian Shipping Costs Climb For Ninth Month In A Row
January 27, 2012
The Canadian General Freight Index for November indicates that the cost of ground transportation for Canadian shippers increased 1.6 percent when compared with October results, the ninth consecutive monthly increase since March. During this time, the CGFI has risen 7.1 percent in aggregate.
The Base Rate ...
ATA: Obama’s Infrastructure Plans Need Funding
January 26, 2012
The American Trucking Associations on Wednesday, Jan. 25, said the Obama administration and Congress need to focus on finding real money following comments made by the president during his State of the Union address regarding infrastructure funding.
“As users of America’s highways, ATA was heartened to ...
Graves: Still Room For Capacity Growth
January 25, 2012
Bill Graves, president and chief executive officer of the American Trucking Associations, was the featured speaker during the opening session of HDAW 2012 at The Mirage in Las Vegas on Tuesday, Jan 24. Graves detailed the slow growth the U.S. economy is showing since the ...
ATA Tonnage Index Posts Largest Annual Gain In 13 Years
January 25, 2012
The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 6.8 percent in December after rising 0.3 percent in November. The latest gain put the adjusted index at 124.5 in December, up from the November level of 116.6.
For all of 2011, tonnage rose ...
Fleet Brake Announces Plans To Acquire Assets Of Page Brake Warehouse
January 23, 2012
Fleet Brake announces that it has entered into a binding letter of intent ("LOI") to acquire the assets of Page Brake Warehouse and its related entities. It is intended by the parties that the LOI will be superseded by a formal definitive agreement with closure ...
C.R. England Announces Leadership Changes
January 19, 2012
C.R. England, has announced two key changes to the leadership of the company.
Zach England has been named vice president of dedicated. In this role, he has responsibility for more than 1150 trucks and 1500 employees which creates more than 20 percent of the company's revenue ...
Volvo Trucks Hits Record North American Market Share In 2011
January 18, 2012
According to retail sales data compiled by WardsAuto Group, Volvo Trucks in 2011 recorded the North American heavy-duty truck industry’s largest market share gain of the year. Volvo also hit a company record market share of 12.1 percent of the combined U.S. and Canadian retail market, ...
DOT Awards $77M In Transportation Research, Education Grants
January 17, 2012
The U.S. Department of Transportation announced $77 million in grants to 22 University Transportation Centers to advance research and education programs that address critical transportation challenges. The UTCs, which are located throughout the United States, conduct research that directly supports the priorities of DOT. “Transportation ...
I-5 To Become A Shorepower Corridor In 2012
January 17, 2012
U.S. Interstate 5 through California, Oregon and will be transformed in 2012 into the first interstate corridor with increased availability of anti-idling technology.
Power pedestals will be added to six truck stops and travel centers along the I-5 corridor, five in California, and one in Oregon. ...
Trucking Executive Don Schneider Dies At 76
January 17, 2012
Donald J. Schneider, chairman emeritus and former president and chief executive officer of Schneider National Inc., died Friday Jan. 13, following a lengthy and courageous battle with Alzheimer’s disease. He was 76.
Schneider was born in 1935, the same year his father, Al (AJ), sold the ...
National Trailer Dealers Association Rolls Out New Logo
January 17, 2012
The National Trailer Dealers Association (NTDA) revealed its new logo as part of its new branding approach that it says embodies the association’s fresh approach to serving its members and the semi-trailer industry as a whole.
While many organizations have downsized as a result of the recent ...
Pulse Of Commerce Index Increased 0.2 Percent In December
January 11, 2012
The Ceridian-UCLA Pulse of Commerce Index (PCI), issued Jan. 11 by the UCLA Anderson School of Management and Ceridian Corporation, rose 0.2 percent in December following the 0.1 percent increase in November and the 1.1 percent increase in October.
Although December's news is positive, the combined ...
Charlotte Diesel Super Show Announces 2012 Dates
January 11, 2012
The 2012 Charlotte Diesel Super Show (CDSS) will be held Friday and Saturday, October 5-6, 2012, at the zMax Dragway/Charlotte Motor Speedway Complex in Concord, N.C.
Attendees will once again have an opportunity to become participants and/or spectators during a weekend filled with truck drag ...
FleetPride Announces Two Senior Level Promotions
January 10, 2012
FleetPride announced two senior level promotions.
Effective January 1, 2012, Mike Paxton moved from vice president business development and strategic planning to vice president of mergers and acquisitions and Peter Pasdach moves from vice president Midwest region to vice president of business development.
Paxton’s focus will be ...
