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Nov 19, 2008

New Engine Standards * USA - Will Leave Trucking Industry on the Side of the Road: OOIDA

Grain Valley, MO,USA -MarketWatch -Nov 19, 2008: -- The Owner-Operator Independent Drivers Association (OOIDA) is asking U.S. policymakers to step up and take action in response to new research predicting a dramatic drop in new truck and engine purchases which will ultimately lead to a break down in the trucking industry... NERA Economic Consulting released a study detailing implications for the 2010 emission requirements for diesel engines indicating truckers and fleet managers will ultimately decide to not buy updated equipment because of financial reasons and user uncertainties. This will mean huge job losses for truck manufacturers and their suppliers, and a lack of choices for trucking equipment consumers of all sizes... The Association would like the Administration and Congress to push for a restructured timeline, phasing in the new emission standards to allow ample breathing room and build confidence within the trucking industry. This would provide time to prove the worthiness of new engines, give the economy an opportunity to recover and explore new fuel alternatives.... The NERA report is an update to a previous study in January of 2005 in anticipation of similar emission requirements in 2007. In 2010, truck engines will be required to comply with more stringent emission standards for nitrogen oxide (NOx). Various technologies are being developed and tested by engine and truck manufacturers to meet these standards.

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