* USA / Kansas - Banks would give trucker until Jan. 10 to win Teamster concessions
Overland Park,KN,USA -The Journal of Commerce Online, by William B. Cassidy -Oct 27, 2010: -- YRC Worldwide's lenders gave the company some financial wiggle room as the clock ticks down on a critical Teamster vote on wage and benefit concessions... The lenders extended an asset-backed financing agreement with the trucker until Jan. 10 even if employees reject a restructuring agreement this week... That ensures the $325 million financing agreement won't be yanked if the labor agreement is rejected and gives the company and union time to seek a second vote... Earlier in the month, YRC's lenders extended the company's asset-backed loan until Oct. 19, 2011, if the Teamsters approve concessions... The Teamsters are voting on a plan that would extend wage and benefit cuts approved last year and reduce company pension contributions 75 percent...
* USA / Missouri - Trucking industry worries about new emission rules
Joplin,MO,USA -The Joplin Globe, by Andy Ostmeyer -October 25, 2010: -- Trucking company officials and drivers today said they don’t disagree with the goals of cleaner air and lower fuel consumption... But they worry about the impact that new rules being proposed out of Washington may have on their bottom line... Stockton, vice president for Con-Way Truckload, based in Joplin, also said his company buys 55 million gallons of diesel fuel a year, so lowering fuel consumption even by 10 percent means savings of millions of dollars each year... On the other hand, the trucking industry already has gone through three government-mandated phases in the last decade to reduce greenhouse gas emissions, and each of those added thousands of dollars to the cost of trucks and hundreds of pounds of equipment... On Monday, the Obama Administration laid out its target of cutting 250 million tons of greenhouse gas emissions annually beginning with trucks made in 2014... (Photo by T. Rob Brown/Globe: Dave Corwin, of Melbourne, Iowa, a driver for Crete Carrier Corp., clears up his view Monday while refueling at the Flying J truck stop in Joplin. He said increased environmental regulations on the trucking industry are needed, but they come at a heavy price)
* Canada / Ontario - Robert Transport orders 180 LNG-powered Petes: ""This is a win-win for both the environment and our company."
Boucherville,QBC,CAN -Truck News -Oct 29, 2010: -- Robert Transport has placed an order for 180 Class 8 Peterbilt trucks fueled by natural gas... The significant order comes in partnership with Gaz Metro, which will be installing three refueling sites along the 401 corridor between Quebec City and Mississauga, Ont. The trucks will be powered by Westport HD's 15-litre GX engine and will run off liquefied natural gas (LNG)... "This is the single largest order for LNG Trucks powered by Westport HD," said David Demers, CEO of Westport Innovations. "It's evidence that natural gas is gaining momentum as a mainstream transportation fuel in Canada. With the imperative to reduce GHG emissions from heavy-duty transport and the Quebec government's incentives, companies like Robert Transport and Gaz Metro are helping deploy natural gas transportation solutions to help reduce emissions" ... (Photo from hankstruckpictures.com: Robert Transport's truck)
Labels: trucking industry news USA and CAN, trucks sales
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