Study Casts Doubt on Proposed HOS Rule’s Economics, Safety Issues, ATA Says
An analysis of the Federal Motor Carrier Safety Administration’s proposed hours-of-service rule released by American Trucking Associations found that the agency “wildly overstated the proposal’s benefits” and that it would cost, not save, the trucking industry money.
February 17, 2011Daimler Plans Indian Truck Brand
Daimler AG will begin selling a new brand of trucks in India next year, challenging former partner Tata Motors Ltd. as economic growth and new highways spur demand in that country, Bloomberg reported Thursday.
February 17, 2011HOS ‘Listening Session’ Set for Thursday; FMCSA Extends Comment Period to March 4
The Federal Motor Carrier Safety Administration will host a listening session this Thursday, Feb. 17, outside of Washington, D.C., to get public input on proposed changes to its hours-of-service rule.
February 17, 2011Leading Economic Indicators Rise for Seventh Month
An index of leading economic indicators rose in January for the seventh straight monthly increase, the New York-based Conference Board said Thursday.
February 17, 2011Philadelphia Manufacturing Index Improves
Manufacturing activity in the Philadelphia region improved in February month for a fifth straight month, the Federal Reserve Bank of Philadelphia said Thursday.
February 17, 2011Jobless Claims Increase for Week
Initial jobless claims rose 25,000 last week, the Labor Department said Thursday.
February 17, 2011Volvo’s North American Deliveries Jump 83% in January
Volvo AB’s North American heavy-duty truck deliveries jumped 83% in January from a year ago, the company said Wednesday.
February 16, 2011Rush Reports Higher Fourth-Quarter Profit
Truck dealership Rush Enterprises said its fourth-quarter income improved on higher sales.
February 16, 2011Industrial Production Slips 0.1% in January
Industrial production dipped 0.1% in January, the Federal Reserve said Wednesday.
February 16, 2011Housing Starts Jump 15%
Housing starts bounced from one-year low in December to rise 15% in January, the Commerce Department said Wednesday.
February 16, 2011