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Nov 13, 2008

TRUCKING INDUSTRY NEWS * USA - Pacer Deploying Clean Truck Equipment in Southern California

Conconrd,CAL,USA -MarketWatch -Nov 12, 2008: -- Pacer International, Inc., a leading North American freight transportation and logistics provider, announced that its subsidiaries, Pacer Cartage, Inc., Harbor Rail Transport, and PDS Trucking, Inc., a subsidiary of Pacer Distribution Services, Inc., will deploy 230 new clean trucks for use in their Southern California operations beginning in late November... The new truck program will allow Pacer customers to minimize their exposure to the clean air fees that have recently been instituted by the ports of Los Angeles and Long Beach under their Clean Truck Program. The Pacer trucking companies are already compliant with all other Los Angeles and Long Beach port requirements, including the new Radio Frequency Identification (RFID) requirements made effective November 10, 2008... The 230 new trucks will be leased to Pacer's owner operators. Pacer has the option to add 150 more trucks as market conditions warrant. The company will start accepting delivery of the new trucks in late November and plans to have all 230 deployed by the end of this year...


* Crete trucking facility to create 388 jobs at speedway site

Knoxville,TN,USA -The Knoxville News Sentinel, by Bob Fowler -November 12, 2008: -- A former speedway is on track to become the site of a maintenance center for a trucking firm that has agreed to hire 388 Tennesseans within three years after the facility is built... Details of Crete Carrier Corp.'s plan to build off Interstate 40 on the former Atomic Speedway site were hammered out Tuesday in a meeting with Roane County and state officials...


* Trucking company coming to Marion; 100 drivers to be hired

Marion,IL,USA -The Southern (Carbondale,IL), by John D. Homan -November 11, 2008: -- A well-established trucking firm has announced plans to expand its operation to Marion... The East St. Louis-based Beelman Truck Co. will make a capital investment in the city, said Mayor Bob Butler. The company is in the process of purchasing 29 acres of land on Halfway Road. About 100 over-the-road drivers will be hired initially...


* Penske Truck Leasing Debuts New Stanton, Pa. Facility

Reading,PA,USA -MarketWatch -Nov 12, 2008: -- Penske Truck Leasing today hosted the grand opening of a new location in New Stanton, Pa., at 209 East View Drive. Penske offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance at the 7,000-square-foot facility... Sitting on nearly 12 acres, the facility serves nearly 60 customers and maintains over 335 vehicles, while employing 13 associates...


* Moody's Downgrades YRCW

New York,NY,USA -Traffic World, by Thomas L. Gallagher -12 Nov 2008: -- Moody's Investors Service on Wednesday lowered its ratings for trucking company YRC Worldwide... The rating agency cited structural weakness in the Overland Park, Kan.-based trucking giant... Moody's set YRC Worldwide's corporate family rating at B1, from Ba2. The probability of default rating also fell from Ba2 to B1. Moody’s said the company’s outlook was negative...

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