![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
TRUCKING WORLD NEWS - Condenseds -
* Appeals Court Denies Request to Revisit Insurance Ruling
USA -TTNews, by Thelma Guerrero -25 Jan 2006: A federal appeals court last week denied a request to rehear its recent decision that the federal government can require only common carriers — not contract carriers — to obtain cargo liability insurance, often referred to as BMC-32 coverage after the relevant endorsement form.The appeals court had overturned a U.S. District Court decision favoring a shipper’s loss-and-damage claims and sent the case back to the lower court, but an attorney for the shipper said he eventually would appeal to the U.S. Supreme Court.
* Private Motor Truck Council of Canada won't support speed limiter policy
TORONTO, Ont.,Can -Truck News, by James Menzies -25 Jan 2006 -- The Private Motor Truck Council of Canada (PMTC) has decided against endorsing the Ontario Trucking Association's (OTA) proposal to mandate speed limiters... The Ontario Ministry of Transportation called upon the PMTC for its views of the proposal in December and according to the council it decided "not to support it without further information."...
* CTA encouraged by Tory promises
OTTAWA, Ont.,Can -Truck News, by James Menzies -25 Jan 2006: The Canadian Trucking Alliance (CTA) is urging Canada's new government to stay true to its word and deliver on its campaign promises surrounding funding for highways and border infrastructure... The new Conservative government promised to negotiate a new infrastructure agreement with the provinces. They said they'd invest $2 billion over the next five years into the federal Highways and Border Infrastructure Fund with the Trans-Canada Highway being the centerpiece of the program...
* Former pollie elected ATA boss
Australia -Supply Chain Review -23 Jan 2006: Former National Party MP and transport advisor to then transport minister John Anderson, Stuart St Clair, has been appointed CEO of the Australian Trucking Association (ATA)... St Clair went into federal parliament with the support of the trucking industry after running as a sawmiller at Guyra in the New England district...
* Officials Expect FMCSA to Issue New Regulations in 2006
USA -TTNews, by Sean McNally -25 Jan 2006: The Federal Motor Carrier Safety Administration is expected to issue several important new regulations this year, including an intermodal chassis maintenance rule and guidance on the use of electronic onboard recorders, agency sources and industry executives told last week...
* West Europe commercial vehicles sales hit 5-yr high
FRANKFURT,Germany -Reuters -Jan 26, 2006: New registrations in western Europe of medium and heavy commercial vehicles that weigh more than 3.5 tonnes rose 6.4 percent in 2005 to 360,699 units, the best performance since 2000, official data showed on Thursday... Registrations of trucks and buses are a surrogate economic indicator and usually reflect overall business activity to be expected in around half a year...
* Daimler Restructuring to Include Renamed Truck Group Unit
USA -TTNews -24 Jan 2006: DaimlerChrysler, parent of leading U.S. truck maker Freightliner LLC, said Tuesday it will restructure its management and will rename its commercial vehicles division under the name Truck Group... The Truck Group will include units Trucks NAFTA, which includes Freightliner, Sterling and Thomas Built Buses; Trucks Europe/Latin America, which includes Mercedes-Benz trucks; Mitsubishi Fuso Bus and Truck Corp.; and Truck Product Creation...
* FedEx Will Pay $400 Million to Buy Out Chinese Partner
USA -TTNews -24 Jan 2006: FedEx Corp. has signed an agreement to buy out a joint-venture partner in China for $400 million, the company said Tuesday... FedEx will pay Tianjin Datian W. Group Co. Ltd. for the 50% of the companies' joint venture it does not already own, the company said in a statement. The move will help FedEx expand its domestic delivery business in that country...
* Werner's Fourth-Quarter, Year-End Earnings, Revenue Rise
USA -TTNews -24 Jan 2006: Company Cautions on Continued High Fuel Prices... Truckload carrier Werner Enterprises said late Monday it earned $28.8 million or 36 cents a share in the fourth quarter, up from $25.8 million or 32 cents a year earlier...
* Cummins Extends Engine Agreement With Volvo
USA -TTNews -24 Jan 2006: Diesel engine manufacturer Cummins Inc. and Volvo Trucks North America said Wednesday they have extended the agreement for the availability of Cummins’ ISX engine with Volvo Trucks North America’s VN and VT trucks...
* Navteq Expands to Mexico With Map Firm
USA -TTNews -24 Jan 2006: Navteq, a maker of digital maps for vehicle navigation systems, said it will acquire Gedas MapIT, a company that specializes in providing virtual maps of Mexico, for an undisclosed sum... Gedas is a subsidiary of information technology firm Gedas AG, which is part of Volkswagen AG...
* Performance Transportation Services Files Chapter 11
USA -TTNews -24 Jan 2006: Automobile transporter Performance Transportation Services said Wednesday it filed for Chapter 11 bankruptcy “in order to re-align its capital structure [and] resolve its operational issues... ”Wayne, Mich.-based PTS, the No. 2 auto hauler behind Allied Industries, said it has received a commitment from a group of lenders led by Credit Suisse’s Cayman Islands Branch for up to $10 million in debtor-in-possession financing... Performance Transportation Services — owned by Onex Corp., Norwest Equity Partners and Penske Truck Leasing Co. — is ranked No. 65 in the 2005 Transport Topics 100 listing of U.S. and Canadian for-hire carriers...
* SCS Reports Record Earnings Per Share for 2005
USA -TTNews -24 Jan 2006: Company Still Concerned Over Jevic Unit's Performance... SCS Transportation late Tuesday reported record earnings per share for 2005 and said it earned $10.7 million or 73 cents in the fourth quarter, up from $4.6 million or 30 cents a year earlier...
* Covenant Transport's Fourth-Quarter Income Rises
USA -TTNews -24 Jan 2006: Covenant Transport said late Tuesday reported its net income for the fourth quarter rose to $4.4 million or 32 cents a share, from a loss of $6.5 million or 32 cents a year earlier...
* CNF Reports Record Fourth-Quarter Earnings
USA -TTNews -24 Jan 2006: Transportation firm CNF Inc. reported record fourth-quarter 2005 net income late Tuesday, as its profit rose to $51.2 million or 92 cents a share, compared with $32.2 million or 58 cents a year earlier...
* Port of Houston Authority Commission Considers Bayport, Security, Capital Improvement Matters and Partnership Service Agreement
HOUSTON,TX,USA -PRIMEZONE -Jan. 23, 2006: The Port of Houston Authority (PHA) commission will consider several recommendations involving contract awards, bids and proposals, professional services and general administrative and operational matters during its public meeting at 2 p.m. on Monday, January 23, 2006 in the board room at the PHA Executive Building...
* Tenneco wins International Truck supplier deal
USA -ETrucker -24 Jan 2006: Emission control manufacturer Tenneco has signed a contract to provide International Truck and Engine Corp.’s exhaust aftertreatment systems for its entire line of medium-duty diesel vehicles with International engines...
* Vandermarel Trucking and BSM complete deal
MISSISSAUGA, Ont.,Can -Truck News, by Steven Macleod -25 Jan 2006: BSM Technologies has completed an agreement with Vandermarel Trucking to outfit its trucks with 50 SentinelFM units, to allow for enhanced vehicle tracking, surveillance and improved fleet management...
* Eaton Corp. profit up; dividend to rise by 13%
NEW YORK,NY,USA -MarketWatch, by Padraic Cassidy -23 Jan 2006: Eaton Corp. reported Monday that fourth-quarter profit rose a stronger-than-expected 15% and lifted its quarterly dividend 13%...
* Truckers fight charges hike
Australia -ABC Online -Jan 25, 2006: The rural sector is being urged to signed a petition against higher charges for the trucking industry or face higher transport costs... The National Transport Commission has proposed increased registration and fuel charges for heavy vehicles like B doubles and road trains to try to cover road maintenance and construction costs...
* Nissan creates U.S. division to sell commercial trucks
DETROIT,Mich,USA -Automotive News, by Dale Jewett -Jan 25, 2006: Nissan North America Inc. is creating a division to sell light commercial vehicles in North America, a market segment where it is not present... The automaker has not determined the number of vehicle lines, types of vehicles or the distribution network, spokesman Fred Standish said...
* Delhi stops registration of diesel mini-trucks
India -AWKnowledge -25 Jan 2006: The Delhi government has put a halt to the registration of diesel-powered mini-trucks in the city in a bid to control pollution, reports Newsline... The entire fleet will now run on compressed natural gas (CNG) engines...
posted by Unknown @ 12:53 PM
0 Comments:
Post a Comment
<< Home