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TRUCKING WORLD NEWS - Condenseds
* Trucks may be prevented from circulating in Spain
Algarve,Portugal -Regiao Sul -13 Jan 2006: Spanish authorities do not permit the circulation of trucks and buses, registered after 1st January 2006, without a digital tacograph... The Associação do Comércio Automóvel de Portugal (ACAP), representing the companies of commercial and heavy vehicles, and the Associação Nacional de Transportadores Públicos Rodoviários de Mercadorias (ANTRAM), representing public transports in the sector, criticise the Government for not yet having implemented legislation relative to the introduction of digital tacographs in these vehicles...
* KC trucking company facing proxy battle
Kansas City,Miss,USA -The Kansas City Star -Jan. 12, 2006: Kansas City trucking company SCS Transportation Inc. is facing pressure from one of its largest shareholders to sell one of its subsidiaries in an attempt to boost shareholder value... Starboard Value and Opportunity Master Fund Ltd. and its affiliates own 5.7 percent SCS Transportation’s shares, making it one of the company’s largest shareholders... said the company’s shares are significantly undervalued and that a sale of its Jevic subsidiary is the first step to maximize shareholder value... also stated that selling Jevic would enable the company to focus more attention on the Saia subsidiary...
* U.S. Customs And Border Protection To Implement New Processing System
El Paso, Tx,USA -kfoxtv -12 Jan 2006: U.S. Customs and Border Protection officers were introduced to the Automated Commercial Environment -ACE-. It's a new system that will allow for paperless processing for commercial freight... Between the Americas and Zaragoza bridges, an average of 2,500 trucks cross on a daily basis. Each driver must provide several identifying documents to officers at the checkpoint before being allowed in...
* China: Truck builder drives into banking world
BEIJING,China -China View -Jan. 11, 2006: Truck maker China National Heavy Duty Truck Group Co Ltd (CNHTC) has branched out into the country's banking industry by buying around 20 per cent of a city commercial bank... CNHTC and Weihai City Commercial Bank (WHCCB) signed a contract on Monday... Under the terms of the deal, CNHTC will make a 100 million yuan (US$12.3 million) capital injection into the bank to become its second-biggest shareholder...
* Fitch Downgrades Dana Corporation and Remains on Rating Watch Negative
CHICAGO,Ill,USA -Business Wire -Jan. 11, 2006: Fitch Ratings has downgraded the ratings of Dana Corporation as follows:... Fitch has also upgraded the following bank facility rating since Dana's banks have taken limited security with the bank line:... The ratings for Dana remain on Rating Watch Negative by Fitch, focusing on the company's accounting practices, the ability of Dana to file its third-quarter financial statements, and the resolution of the reporting requirement violation under its existing bond indentures... Dana is focused on being an essential partner to automotive, commercial, and off-highway vehicle customers, which collectively produce more than 60 million vehicles every year...
* Freight Wing Awarded U.S. Department of Energy
SEATTLE,WASH,USA -PRNewswire -Jan. 10, 2006: Freight Wing, Inc., an engineering company focusing on improving fuel efficiency for the trucking industry, today announced that the company has received a $250,000 Inventions and Innovation grant from the United States Department of Energy (DOE)... The funding will allow Freight Wing to offer trucking fleets 50 percent cost-share trials of the company's fuel saving aerodynamic attachments for semi-trailers...
* Viva DAF Trucks!
UK -Big Lorry Blog, by Brian Weatherley -11 Jan 2006: Is there anything PACCAR can't do in this world? Year-on-year profit increases, year-on -year sales growth. Business awards showered on it like confetti. Try as hard as you might you simply can't knock success—and biglorryblog isn't about to make that mistake. Meanwhile, the "cloggies" (AKA DAF Trucks) had another record breaking year in 2005 with its sixth consecutive year of volume growth to give 14,987 registrations...
* Do something about big trucks' exhaustMountain Home, Ark,USA -The Baxter Bulletin, from Janet L. Speaks -10 Jan 2006: I would like to join Frank Sutton, Mountain Home, in his complaint about excessive exhaust smoke emitted by trucks... The worst offenders are dump trucks whose exhausts are emitted at the lower side of the truck so the fumes and smoke are right at passenger car window level... Motorists next to and behind these offensive trucks are assaulted by large, black, noxious clouds of smoke...
* Volvo India posts 65% growth in truck segment
Bangalore,India -Business Standard -Jan 11, 2006: The truck division of Volvo India Private Limited has registered a 65 per cent growth in sales volume in 2005 despite the much slower 15 per cent growth posted by the heavy duty trucks sector in the country...
* Poor record for road
Orange,New South Wales,Australia -Orange Central Western Daily, by JANICE HARRIS -11 Jan 2006: The Cargo Road west of Orange continues to return a poor report card with 20 major crashes occurring on the road last year... The statistics, released by Orange and Cabonne's road safety officer Andrea Hamilton Vaughan, have drawn comment from Independent Member for Calare Peter Andren who believes local government areas should pool resources to pour money into the road...
* Kenworth Ranks Highest in Medium-Duty Conventional Truck and Hino Ranks Highest in Cab-Over Truck Satisfaction
WESTLAKE VILLAGE, Calif.,USA - PRNewswire -Jan. 9, 2006: Kenworth Truck Company ranks highest in customer satisfaction among conventional cab medium-duty trucks, as well as for dealer service satisfaction, while Hino Trucks leads in the cab-over segment for a fourth consecutive year, according to the J.D. Power and Associates 2005 Medium-Duty Truck Customer Satisfaction Study(SM)... New Emission Requirements, Problematic Product Launches Have Negative Impact on Truck Satisfaction...
* Ashok Leyland to invest Rs.5.5bn by 2008, open base in Dubai
New Delhi,India -New Kerala -13 Jan 2006: Hinduja Group's flagship company, Ashok Leyland, announced here Friday that it would invest Rs.5.5 billion in capacity expansion and to set up a manufacturing base in Dubai that will serve as its export hub...
* Idle at own risk if new bylaw is passed
Hinton, AB,Canada -Hinton Parklander, by Bradley Fehr -Jan 09, 2006: Motorists in Hinton may want to think twice before leaving their parked vehicle running for an extended period of time... A vehicle left idling for more than 15 minutes might subject the operator to a fine if a proposed bylaw is approved...
posted by Unknown @ 1:01 PM
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