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TRUCKING INDUSTRY NEWS * USA
* CARB schedules workshops about in-use truck retrofit rule
Sacramento,CAL,USA -Land Line Magazine, by Charlie Morasch -May 9, 2008: -- The California Air Resources Board has scheduled several workshops to discuss and accept public input regarding its proposed requirement that an estimated 1.5 million in-use trucks meet 2007 emission standards by the year 2012... The proposed plan would force at least 1.5 million trucks to be replaced or retrofitted in order to cut diesel particulate matter and oxides of nitrogen... CARB plans to consider approval of its in-use diesel retrofit rule in October... Upcoming workshops are scheduled for: ...
... CARB estimates the proposed in-use truck regulation will cost private businesses between $3.6 and $5.5 billion, although the California Trucking Association reportedly have said that estimate is low... For more information, visit www.arb.ca.gov/msprog/onrdiesel/onrdiesel.htm ...
* FedEx Cuts 4Q Outlook - Company Cites High Fuel Costs
USA -Associated Press/Transport Topics -9 May 2008: -- FedEx Corp. said late Friday it is cutting its fiscal fourth-quarter earnings guidance, blaming a steep increase in fuel costs... The company said it expects to post a fourth-quarter profit of $1.45 to $1.50 per share, down from its previous prediction of $1.60 to $1.80 per share... FedEx said its fuel costs have risen by more than 7% since it issued its previous guidance in March, Chief Financial Officer Alan Graf said in a statement... Weak economic conditions also have resulted in lower demand for shipping and freight services, reported...Labels: trucking industry news USA
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