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Government, Business, Safety, Fuel, Logistics

Diesel Jumps 10.6¢ to Record $3.658

Bruce Harmon/Trans Pixs

3he average national price of retail diesel fuel jumped 10.6 cents to a record $3.658 a gallon, following last week’s record $3.552, the Department of Energy said.

March 4, 2008
Business, Safety, Government

NAFTA Surface Trade Climbs 3.1%

Larry Smith/Trans Pixs

Surface trade among the United States, Canada and Mexico jumped 3.1% in December from a year earlier, the Department of Transportation said Monday.

March 3, 2008
Business, Safety, Government

Coalition Presses Congress for Action on Safety Technology Tax Incentives

WASHINGTON — A coalition of law enforcement and equipment manufacturers pressed Congress to act on a bill that would give fleets a tax incentive for purchasing safety technology.

March 3, 2008
Business, Safety, Government

ISM Factory Index Shows Contraction in February

The Institute for Supply Management’s manufacturing index contracted last month, ISM said Monday.

March 3, 2008
Business, Safety, Technology, Equipment

Volvo Invests in Anti-Theft System Based on Radio Technology

Volvo AB, parent company of Volvo Trucks North America and Mack Trucks Inc., said it was working on a new tractor-trailer anti-theft system based on intelligent radio technology and sensors.

March 3, 2008
Government, Business, Safety, Equipment

CMV to Update Cadec’s Customers

Cadec Global, provider of fleet management software, and CMV Safety Consulting Inc. said they formed a partnership to keep Cadec customers up-to-date on North American trucking regulation changes.

March 3, 2008
Business, Technology, Equipment, Safety

Coca-Cola Buys 120 Eaton Hybrid Trucks

Component manufacturer Eaton Corp. said that Coca-Cola Enterprises has purchased 120 new trucks for 2008 delivery, powered by Eaton’s hybrid electric drivetrain system, Bloomberg reported.

March 3, 2008
Business, Safety, Government

January Truck Tonnage Grows 5.3%

Truck tonnage in January posted its biggest gain since the beginning of 2005, climbing 5.3% above year-ago levels and marking the third consecutive increase for the monthly index, American Trucking Associations reported Feb. 26.

March 3, 2008
Government, Business, Safety, Fuel

Fleets Search for Savings Through Strategic Equipment Purchases

With fuel prices at a record and the economy teetering at the brink of a recession that could cut into carrier revenue, some truckload carriers are pushing harder for savings by using lighter trailers, limiting idling to save fuel and shortening trade-in cycles.

March 3, 2008
Business, Safety, Government, Logistics

TransForce's 4Q Income Falls on Goodwill Charge

Canadian transportation firm TransForce Income Fund said Thursday it lost C$30.8 million, or 36 cents a share, in the fourth-quarter as a result of a C$56 million write-off of goodwill associated with the Fund’s Oilfield Services division.

February 28, 2008