NEW ORLEANS — Sophisticated recording devices built into modern trucks and diesel engines can generate information that plaintiff’s attorneys can use to force fleets and their insurance companies to pay massive settlement claims.March 21, 2007
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By John LewisChief Executive OfficerGeoLogic SolutionsThe Federal Motor Carrier Safety Administration’s recently proposed rule mandating the use of electronic onboard recorders for habitual violators of federal hours-of-service regulations has set in motion an industrywide discussion about the plan’March 21, 2007
Truck maker Volvo AB said its sales for the first two months of the year fell 13%, as U.S. deliveries plunged following new emissions standards that boosted truck prices, Bloomberg reported Tuesday.March 20, 2007
Truck and engine maker Navistar International Corp. said Tuesday it saw signs of strength in non-traditional and overseas vehicle markets, despite a 6% downturn in Class 6-8 North American truck and bus shipments in its fiscal first quarter.March 20, 2007
US 1 Industries’ fourth-quarter income was $1.4 million or 11 cents a share, compared with $600,000 or 5 cents a year earlier.March 20, 2007
Transportation firm EGL Inc. said Monday it has signed a definitive merger agreement under which EGL Chairman and Chief Executive Officer James Crane and two investment firms will buy the firm for $38 per share, or about $1.7 billion.March 19, 2007
The Federal Motor Carrier Safety Administration’s recently proposed rule mandating the use of electronic onboard recorders for habitual violators of federal hours-of-service regulations has set in motion an industrywide discussion about the plan’s merits.March 19, 2007
While much of the heavy-duty truck sales hoopla during 2006 focused on truck makers as they set new monthly and yearly sales records, trailer makers were quietly posting their third-best sales year ever, according to new data from ACT Research.March 19, 2007
LAS VEGAS — Leaders of the Truckload Carriers Association said they will take a more active role in shaping trucking’s policy in the coming year and emphasize the need to provide drivers a safer work environment and wage stability.March 19, 2007