Equipment

The Senate has rejected a bill that would have brought back the bonus depreciation tax deduction for capital spending, a proposal backed by American Trucking Associations.

Cummins Inc. said Tuesday it will boost its stock dividend by 25%, but cut its 2012 sales forecast, citing weaker truck orders.

One of the letters to the editor of your publication written by a safety manager recently did an excellent job of making our point about “harassment” and electronic onboard recorders, or EOBRs.

Highway safety is one of the trucking industry’s top priorities, and we have long supported the industry’s efforts to employ technology in enhancing the safety of our employees’ workplace and the safety of everyone who shares our nation’s highways.

The House approved a bill on June 29 that would block any federal mandate requiring the use of electronic onboard recorders on vehicles, including a regulation included in the highway funding legislation President Obama was expected to sign late last week.

The House on Friday passed a transportation spending measure that would block rules requiring electronic onboard recorders on trucks.

The U.S. Environmental Protection Agency has established a verification program for tire retreads used by linehaul Class 8 trucks.

Allied Systems Holdings Inc., the largest U.S. car hauler, last week filed for Chapter 11 bankruptcy protection, the second time it has done so, saying it’s continuing to provide service and blaming weakness in the car and light-truck business for the move.

Vehicle hauler Allied Systems Holdings said it is restructuring its finances after filing for Chapter 11 bankruptcy protection on Sunday.

Truck and auto component maker Delphi Automotive has entered into exclusive talks to acquire a unit of FCI Group from Bain Capital for about 764 million euros ($958 million), Bloomberg reported.