ATA warns of ballooning fuel expense
From Fleet Owner
The American Trucking Assns. has announced that it forecasts the trucking industry will spend about $87.7 billion on fuel this year, or one-third more than the $65.9 billion spent in 2004. The expanding U.S. economy, coupled with ballooning pump prices have contributed to the massive year-over-year jump. ...
Sterling LCF line to be unveiled in March
From Fleet Owner
Sterling Truck Corp. is planning to introduce a line of low cab-over-engine (LCF) trucks at The Work Truck Show March 1-3 in Atlanta, GA. The truck was developed with Mitsubishi Fuso, an OEM that, like Sterling, is a DaimlerChrysler AG operation....
Eaton lands $6.7-million DOT contract
From Fleet Owner
Eaton Corp. was recently awarded a $6.7-million contract by the U.S. Dept. of Transportation (DOT) as part of a $31.6-million program to develop technologies to help drivers avoid crashes. ...
Schneider National named 2005 For-Hire Fleet of the Year
Schneider National Inc., the nation's largest truckload carrier, announced that it has been selected as the For-Hire Fleet of the Year by Fleet Owner magazine. ...
NHTSA proposes change in air-brake standard
The National Highway Traffic Safety Administration (NHTSA) has published in the Federal Register a notice of proposed rulemaking to amend its air-brake standard to reduce the stopping distance of truck tractors by 20% to 30%....
Freightliner sells American LaFrance to Patriarch Partners
DaimlerChrysler's Freightliner LLC announced today that it has reached an agreement to transfer ownership of its fire apparatus and emergency vehicles business unit, American LaFrance, to the New York-based investment firm, Patriarch Partners, LLC. ...
Diesel prices up 1.1 cents
From Fleet Owner
The average price for a gallon of diesel increased 1.1 cents to $2.436 on the week ending Dec. 11, according to the Energy Information Administration. This ended a six-week trend of falling diesel prices. ...
Truck sales remain strong in November
Trucks with gross vehicle weight ratings in excess of 10,000 pounds were up 13% in November, according to figures compiled by Wards Communications. Dealers sold 51,393 medium and heavy trucks during the month, up from 50,724 sold during November 2004....
Light diesels poised for growth
From Fleet Owner
A new study by research firm Frost & Sullivan projects that diesel engines could capture up to 10% of North American light vehicle powertrain sales by 2015. This would represent roughly three to four times the market penetration of 2004. ...
Intermodal to get slice on Norfolk Southern spending
From Fleet Owner
Northfolk Southern Corp. plans to spend $103 million in 2006 on business development initiatives that include adding capacity to its intermodal network, as well as more capacity for coal receivers, bulk transfer facilities and vehicle production and distribution facilities. The rail corporation has earmarked a $1.15 billion capital spending budget for 2006. ...
CV registrations still at near-record levels, but growth now past its peak
Figures from the Society of Motor Manufacturers and Traders show commercial vehicle registrations over the rolling year to the end of November were 387,671 -- on par with the figures for the same period last year, according to Transport News Brief. ...
May target for digitachs in UK
Digital tachograph law should be in force by May 2006, according to Transport News Brief. ...
New Omaha Standard manufacturing plant nears completion
Omaha Standard’s construction of its new manufacturing facility in Council Bluffs, Iowa, is on schedule, with the office move taking place in January and the facility fully operational in February....
Tire hikes spill over to trailers
Wabash National Corp. has announced it will pass on some of the price increases from its tire suppliers to customers starting February 1, 2006. ...
Wabash National declares quarterly cash dividend
Wabash National Corporation announced that its Board of Directors declared a quarterly dividend of $0.045 per share....
Wabash National names Giromini new president
Wabash National Corporation announced the appointment of Richard J. Giromini to the position of President and Chief Operating Officer of Wabash National Corporation and to the company's Board of Directors....
New composite trailer wins ACE Award for corrosion resistance
A new fiber-reinforced composite platform trailer, developed by Martin Marietta Composites, has won the 2005 ACE Award for Technical Innovation for Corrosion Applications from the American Composites Manufacturers Association....
Carlisle acquires off-highway brake business of ArvinMeritor
Carlisle Motion Control Industries, a subsidiary of Carlisle Companies, strengthened its leadership position in the off-highway braking market with the acquisition of the assets of ArvinMeritor, Inc.’s off-highway business located in York, SC and Cwmbran, South Wales, U.K. Carlisle Industrial Brake and Friction manufactures brake systems for heavy-duty mining, construction, industrial, and agricultural equipment. ...
HD Dialogue ‘early bird’ registration extended to Dec. 15
Members can register for Heavy Duty Dialogue 2006—set for Monday, Jan. 23, 2006—at a significant savings through Dec. 15. ...
Reading Group buying out Suknow family
The senior management of the Reading Group, led by Dan Perlman, Jack O'Donnell and Norm Ziegler, are finalizing a buyout of the Reading companies from the Suknow family with the assistance of LLR Partners, a Philadelphia-based investment firm. ...
Crash Rescue Equipment expands facilities
Crash Rescue Equipment Service Inc announces a major expansion of its facilities in Dallas, Texas....
J.D. Power lauds Cat’s C-15
The Caterpillar C-15 ranks highest in customer satisfaction with vocational heavy-duty truck diesel engines, according to the J.D. Power and Associates 2005 Heavy-Duty Truck Engine/Transmission Study released today. ...
Diesel price falls 5.4 cents
From Fleet Owner
The national average price for a gallon of diesel dropped 5.4 cents to $2.425 for the week ending November 4, marking the sixth consecutive week of cuts, according to the Energy Information Administration. ...
Fleet Sentiment Report indicates increased pessimism for 2007
Responses to the Q4 2005 CK Marketing & Communication's Fleet Sentiment inquiry indicate that an increased number of fleets are planning to avoid purchases of 2007 trucks....
Tax credit introduced for hybrid vehicles
U.S. Representative Rahm Emanuel (D-IL) announced he will introduce the American Hybrid Tax Credit Act of 2005, which will increase tax credits for consumers and small businesses that purchase hybrid and other alternative-fuel motor vehicles assembled in the United States. ...
