Toronto-based carrier Vitran Corp. announced it has obtained a $17 million real estate term credit facility on some of its U.S. less-than-truckload transportation facilities.
January 3, 2013Search
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ISM Services Index Rises to 10-Month High, Factory Orders Flat
An index of the U.S. economy鈥檚 service sector increased in December to a 10-month high, the Institute for Supply Management said Friday.
January 4, 2013Jackson Stepping Down as EPA Administrator
Lisa Jackson will step down soon as administrator of the Environmental Protection Agency after four years that included the development of the first greenhouse-gas standards for heavy-duty trucks.
January 7, 2013Dealers See 鈥楥liff鈥 Deal as Fix for Slumping Used Truck Sales
Used-truck sales slumped in late 2012, but last week鈥檚 鈥渇iscal cliff鈥 agreement created hope that a catch-up effect could buoy sales, industry officials said.
January 7, 2013Tax Deal Keeps Bonus Depreciation
Lost amid the hoopla surrounding Congress鈥 last-minute agreement on avoiding the economic 鈥渇iscal cliff鈥 as the new year dawned was a provision in the deal that could help the trucking industry as it moves to replace aging equipment during 2013.
January 7, 2013Tax Bill Includes Bonus Depreciation
The tax bill signed by President Obama and passed by Congress to keep the nation from going over a聽鈥渇iscal cliff鈥 allows fleets to deduct 50% of the cost of new trucks and other equipment in 2013.
January 3, 2013Congress Kicks off Session
The 113th session of the U.S. Congress started at noon Thursday, with party dynamics staying unchanged from the last session, and some new leadership in transportation-related committees.
January 3, 2013Huerta Confirmed as FAA Head
The U.S. Senate confirmed Michael Huerta as administrator of the Federal Aviation Administration, the Senate Commerce Committee said.
January 3, 2013Diesel Drops 0.5垄 to $3.918 a Gallon
The price of diesel continued to decline, falling 0.5 cent to $3.918 a gallon from $3.923, its 10th drop in the past 11 weeks, while gasoline increased by 4.1 cents to $3.298, the Department of Energy said Dec. 31.
January 2, 2013N.C.'s Quick Pass to Be Compatible With E-ZPass
North Carolina鈥檚 Quick Pass toll collection system and the multistate E-ZPass system will become compatible Thursday, when users of both transponders will be able to pay tolls in both systems, the North Carolina Turnpike Authority announced.
January 2, 2013