Best of 2008: News
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No. 1
Caterpillar, Navistar both benefit from deal
Caterpillar’s long-rumored exit from the on-highway truck engine business not only positions the company to take advantage of a rapidly expanding international market for its heavy equipment, but also holds significant benefits for its new partner, Navistar International, according to industry analysts...
No. 2
Jevic Transportation shutting down
Jevic Transportation Inc., citing high fuel and insurance costs, tightening credit markets and economic downturn, has decided to discontinue operations. The company said that it will halt pickup service effective Monday, May 19, 2008...
No. 3
CARB proposes extensive retrofit regulation
The California Air Resources Board has unveiled a revised draft regulation that would require the estimated 420,000 privately owned diesel trucks and buses to retrofit beginning in 2012...
No. 4
Hebe takes OEM post
James Hebe – the controversial former president & CEO of Freightliner LLC – has rejoined the executive ranks of the truck manufacturing industry...
No. 5
Daimler closing Sterling, reshaping North American operations
In a major restructuring of Daimler Trucks North America (DTNA), its parent Daimler AG announced that it will end production of the Sterling brand, close its Portland, OR, and St. Thomas, Ontario, truck plants, and move production of Western Star trucks to a new plant in Saltillo, Mexico...
No. 6
Obama victory promises to greatly impact transportation
Barack Obama’s election as the 44th President of the United States will have wide-ranging effects on the nation’s energy and transportation policies, as he has pledged to increase funding for infrastructure and alternative energy development and to make efficiency standards more stringent...
No. 7
Cummins to use SCR across the board in 2010
Cummins announced today it will add Selective Catalytic Reduction (SCR) aftertreatment to its heavy-duty product line to meet 2010 Environmental Protection Agency (EPA) diesel-engine emissions regulations...
No. 8
Truckload carriers looking for freight rebound
NEW YORK | Tough times for truckload carriers may be coming to an end, according to fleet executives addressing financial analysts at a transportation conference here yesterday...
No. 9
What the bailout could mean to trucking
According to trucking industry analysts, it is difficult to forecast exactly what impact the $700 billion financial-market bailout signed into law on Friday will have on credit availability and the trucking industry in general...
No. 10
Oberstar, Eisenhower discuss transportation woes
No matter how technologically advanced our economy becomes, it won’t make a difference if we can’t get our goods to the marketplace. The dire needs of the transportation industry in the U.S. was discussed at the “Infrastructure—A Path to Prosperity” conference sponsored by Terex held yesterday at Iona College in New Rochelle, NY....
