Business: Page 621

Business
DOT’s second in command leaving, FHA’s Mendez to fill position
The Department of Transportation’s John Porcari, deputy secretary, will be leaving his post at the start of the year, according to emails circulated to DOT employees this week by Porcari and Secretary of Transportation Anthony Foxx. Foxx has said he’s tapped the Federal Highway Administration’s Administrator Victor Mendez to take Porcari’s job as deputy director.
December 12, 2013
Photo from whitehouse.gov
Business
Freight movement down in October, first time since June
Trucking was a drag on the overall amount of freight moved by for-hire transportation in October, according to the Department of Transportation’s monthly Freight Transportation Services Index, unveiled this week. The Index fell 0.7 percent from the all-time high set the month prior.
December 12, 2013
bts56_13
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Business
Supreme Court to consider hearing case against FMCSA’s cross-border pilot program
The U.S. Supreme Court will consider and decide Jan. 10 whether or not it will hear the Owner-Operator Independent Drivers Association’s case against the the Federal Motor Carrier Safety Administration’s cross-border pilot program with Mexico.
December 12, 2013
mexicoUntitled-1
Business
Highway funding round-up: Pay now, or pay later?
A TV commercial from the early 1980s had a tagline that, as kids today would say, ‘went viral’: “You can pay me now, or pay me later.” Does the slogan hold for highway funding? It does, in that there’s a penalty for neglect – but the inconvenient truth is we’re paying now, and we’ll have to keep paying later.
December 12, 2013
Freight map
Business
Thousands of brokers lose authority — but is it due to bond increase? TIA says no
The number of brokers registered with FMCSA may be dropping — coming on the heels of the enforcement date of the increase in the minimum surety bond required for brokers to carry — but some of the numbers being tossed out don’t represent what’s actually happening, says a broker trade group.
December 11, 2013
truck-at-dock
Business
Turnover at truckload fleets eases down to 97% in third quarter
The annualized turnover rate at large truckload fleets ticked down two percentage points in the third quarter to 97 percent, according to the American Trucking Associations, who reported the turnover rates in its latest Trucking Activity Report. Turnover at small truckload fleets fell to 74 percent.
December 11, 2013
driver
Business
Diesel still projected to see sharp price decline in 2014
The national average price for a gallon of diesel fuel is still expected to fall 12 cents in 2014 to $3.77 a gallon, according to the Department of Energy’s Energy Information Administration.
December 11, 2013
fuel
Business
Bridgestone announces Drive a Firestone Sweepstakes winners
Bobbie Ward, Jr. of Cleburne, Texas, and William Gill of Riverside, Calif., will attend the college football national championship game in Pasadena, Calif., thanks to a first place win in the Bridgestone Commercial Solutions Drive a Firestone Sweepstakes for CDL holders. Ward and Gill’s entries were randomly selected from the Drive a Firestone Sweepstakes, part […]
December 11, 2013
Business
Peterbilt Model 567 enters production
The newest addition to Peterbilt’s vehicle lineup – the vocational Model 567 – is now in full production. The truck or tractor can be configured to meet a wide range of heavy- and severe-duty applications, Peterbilt Motors Company recently announced. “Assembly is in full swing for the Model 567 with strong demand for our new […]
December 11, 2013
Model567[1]
Business
Toyo steer tire now available in 16-ply
The M137 premium high-performance steer radial manufactured by Toyo Tires is now available in a 16-ply with increased load carrying capacity. Designed for use on long haul, over-the-highway commercial applications; the M137 is designed to deliver more miles per 32nds to operators driving coast-to-coast. This EPA SmartWay verified tire uses e-balance technology and stiffer construction […]
December 11, 2013
Business
Meritor-Scania ink new European air disc brake deal
Meritor announced today it has been selected to supply its ELSA225H range of air disc brakes for Scania’s trucks and buses with production starting in 2014. “We are investing $58 million in air disc brake capabilities at our technical center of excellence and manufacturing facility in Cwmbran, United Kingdom,” said Joe Plomin, vice president, International […]
December 11, 2013
Business
Continental to ramp up production at largest tire plant
The international tire manufacturer and automotive supplier Continental today announced plans to significantly expand its truck and bus tire production facilities in Otrokovice (Czech Republic). With a total investment of €165 million in the next years, Continental takes the next step in the investment program for its Tire division. “The expansion of our truck and […]
December 11, 2013
Business
Broker numbers continue sliding in wake of bond increase
According to the federal register of licensed brokers, there were 7,561 fewer licensed brokers at noon on Dec. 10 than on Dec. 1 — a 35 percent drop. The numbers have steadily been declining in the wake of the new surety bond minimum brokers are required to carry, enforcement of which began this month.
December 10, 2013
dock
Business
Trucks moved a whopping 70 percent — $10 trillion — of nation’s goods in 2012
More than 70 percent of both the value and the weight of the freight moved in the 2012 calendar year trekked via truck, according to the DOT. Of the $13.6 trillion worth of goods moved last year, trucks carried $10 trillion of it. Of the 11.7 billion tons of goods shipped, trucks moved 8 billion of them.
December 10, 2013
truck-highway
Business
NAFTA trade up 5 percent year over year in September, truck trade dominates
The amount of freight transported between the U.S. and its North American Free Trade Agreement partners Canada and Mexico was 5 percent higher in September of this year than the same month in 2012, and trucks carried almost 60 percent of that.
December 10, 2013
september 13 nafta
Business
Snap-on spotlights high-performance flashlight
Snap-on’s high-performance flashlight features a patented optical system designed to produce a highly accurate beam of light with an electronically controlled output. Available in red and titanium, the flashlight is built to provide accurate projection with three settings on the end cap that can activate constant and momentary high- and low-power modes. The flashlight has […]
December 10, 2013
Snap-on High-Performance Flashlight
Business
Faultless Caster rolls out stacking dolly
Faultless Caster’s Morgan Stacking Dolly is designed to make moving and storage easier by moving as a unit and taking up less space by allowing as many as 35 dollies to be stacked in one 40-inch column. Each dolly weighs 14 pounds and is fitted with hard rubber wheel casters for added mobility and to […]
December 10, 2013
Faultless Caster Morgan Stacking Dolly
Business
Bendx produces 1 millionth EverSure brake spring
Production of the Bendix EverSure Spring Brake with the No Touch Power Spring has surpassed the 1 million-unit production mark. Bendix says EverSure for drum brakes – introduced in 2011 – offers a robust design, as well as lighter weight, extended service intervals, and best-in-class force output. “We saw the Bendix EverSure’s potential as a […]
December 10, 2013
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Truck driver in blue knit hat writing in notebook while seated in vehicle cab
Workforce
Show me the money: Drivers report falling pay, shrinking miles and pay disputes with carriers
Almost one-third of drivers say they have experienced payroll discrepancies as take-home pay falls and miles follow.
A new bill argues that EPA emissions safeguards shouldn't 'jeopardize human safety' in the cold. It would allow manufacturers to suspend derates at freezing temps and create a year-round DEF exemption for vehicles north of 59 degrees latitude.
Regulations
Bill targets 'life-threatening' engine derates in extreme cold
4 Gen Logistics Vnr Electric Customer Event
Alternative power
Groups press states to leverage public funds to lower electric truck prices
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Business
Court: Yellow Corp $1.5B lawsuit against Teamsters can proceed
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Trucks
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