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Business, Fuel, Government

Biofuels Use to Surge as Governments Set Consumption Targets

Ethanol and biodiesel production is expected to surge in the next few years as government officials in Europe and the United States set higher targets for consumption and maintain subsidies for producers, a panel of experts predicted at a forum on biofuel policies and trade organized by the German Marshall Fund of the United States.

Daniel P. Bearth | Staff Writer
March 26, 2007
Business

Production of Biofuels Predicted to Surge

Ethanol and biodiesel production is expected to surge in the next few years as government officials in Europe and the United States set higher targets for consumption and maintain subsidies for producers, a panel of experts predicted at a forum on biofuel policies and trade organized by the Germa

Daniel P. Bearth | Staff Writer
March 26, 2007
Business, Government, Safety, Autonomous

Paccar to Trim Production at Ohio Kenworth Plant

Paccar Inc., the parent of Kenworth Truck Co., will temporarily shut down production at Kenworth’s Chillicothe, Ohio, plant, the Chillicothe Gazette reported.

March 26, 2007
Business

Western Express to Acquire Smithway for $90 Million

Truckload carriers Western Express and Smithway Motor Xpress Corp. said Friday that Western would acquire Smithway for $10.63 per share, in a deal worth about $90 million.

March 23, 2007
Business, Safety, Government, Autonomous

Senate Panel Passes Measure Restricting Mexican Truck Access

The Senate Appropriations Committee Thursday approved an amendment that would prevent Mexican trucking companies from gaining unrestricted access to U.S. highways until American truckers are afforded the same access in Mexico.

March 23, 2007
Business, Logistics

Existing Home Sales Jump 3.9% in February

Existing home sales rose 3.9% in February, the most in three years, the National Association of Realtors said Friday.

March 23, 2007
Business, Technology

Qualcomm, GE Trailer, SkyBitz Announce Product Expansions

LAS VEGAS — Qualcomm Inc., GE Trailer Fleet Services and Sky-Bitz, three of the largest providers of trailer-tracking technology, each announced new customers and product expansions and enhancements here last week.

Neil Abt | Editorial Director
March 23, 2007
Business

Carriers See Slight Rebound in March Truckload Freight

LAS VEGAS — Truckload carrier executives and industry observers here said almost uniformly there has been a slight rebound in freight demand in recent weeks, but they were unsure whether a significant pickup would occur in the second half of the year.

Neil Abt | Editorial Director
March 23, 2007
Business, Safety, Autonomous

Turnover Falls at Large TL Carriers

Driver turnover at large truckload carriers dropped 13% last year — the first decline since 2001 — while it rose by an identical percentage at smaller truckload carriers, according to American Trucking Associations.

Tarun Reddy | Staff Reporter
March 23, 2007
Business, Fuel, Safety, Government, Autonomous

Trucking Would Consider Higher Taxes, Graves Says

The trucking industry is willing to pay higher fuel taxes as long as the money is spent to improve the highway infrastructure, American Trucking Associations President Bill Graves said.

Andrea Fischer | Staff Reporter
March 23, 2007

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