Kinder Morgan now owns 98% of BOSTCO, begins construction
Kinder Morgan Energy Partners LP (KMP) announced the purchase of TransMontaigne Partners LP’s 50% interest in the previously announced Battleground Oil Specialty Terminal Company, LLC (BOSTCO) project... Heil Trailer International sold by Dover Corp
Heil Trailer International, a global manufacturer of cargo tank and specialty trailers for a diverse range of end markets including oil and gas and infrastructure, announced the completion of its carve-out from Dover Corporation and sale to American Industrial Partners. The roughly $220-million deal was announced December 30, 2011... For many tank truck fleets, new HOS rules could have been worse, By Charles E Wilson All things considered, many tank truck fleets probably fared reasonably well with the revised hours-of-service rule that was announced December 22, 2011... ATA Truck Tonnage Index edged 0.3% higher in November
The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.3% in November after rising a revised 0.4% in October 2011... Used truck volumes continue slide in November
Reported volumes of used Classes 3-8 truck sales continued their slide into negative territory in November 2011... Construction spending hits 17-month high in November
Construction spending totaled $807 billion in November 2011, the highest level since June 2010, as homebuilding, private nonresidential construction and public construction all increased compared to October, the Associated General Contractors of America reported following an analysis of new Census Bureau data... Bendix reaches 1-million milestone for ABs-6 truck systems
Bendix Commercial Vehicle Systems LLC recently marked a major milestone with delivery of its millionth Bendix ABS-6 antilock braking system... Polar Tank, IAM agree on new 5-year labor contract
Polar Tank Trailer LLC and the International Associations of Machinists and Aerospace Workers (IAM) union have reached an agreement on a new five-year labor contract. The agreement was ratified December 19 through a majority vote by IAM members at Polar’s manufacturing facility in Opole MN... Volvo Trucks makes Bluetooth standard
In advance of the federal ban—effective January 1, 2012—on commercial drivers’ use of hand-held mobile devices while driving, Volvo Trucks in North America will now offer its Bluetooth-equipped radio as standard equipment on all VN and VHD models. ... Biodiesel representatives urge Congress to extend tax incentive
Representatives of the US biodiesel industry urged Congress at a Senate hearing to pass a seamless extension of the biodiesel tax incentive to avoid putting thousands of jobs at risk....
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