European trade representatives have reiterated their dismay at Russia’s imposition of a recycling tax on imported vehicles. The tax means they are effectively paying duties on imports that in many cases would be higher than before the country acceded to the World Trade Organisation (WTO) and agreed to lower import taxes on foreign vehicles.
Last week’s European Union budget agreement, which will see a third of funding cut from the €32 billion ($42.8 billion) originally marked for transport infrastructure projects, has been described as a “missed opportunity†by a collection of transport-related associations across the continent and transport modes,
Rising demand and inventory catch-up, resulting in more overtime and a proliferation of plants working 3-shift or 3-crew schedules, led North American light-vehicle manufacturers to build to 97.1% of their 2-shift straight-time capacity in 2012, based on a WardsAuto analysis.
A tenth Mexican carrier has been granted authority to operate in the U.S. as part of the Federal Motor Carrier Safety Administration’s cross-border trucking pilot program, though FMCSA and its program are still caught up in a lawsuit with the Owner-Operator Independent Drivers Association and the Teamsters Union.
The port of Antwerp in Belgium has signed a five-year agreement with Russia’s state-owned port developer Rosmorport to collaborate on port development, expansion of transport and logistics networks, and attracting investments in port facilities.
Warren Buffett’s Berkshire Hathaway Inc. has acquired 10 million more shares of General Motors, lifting its holdings in the company to 25 million shares. The latest investment — disclosed in a Securities and Exchange Commission filing on Thursday — comes as the U.S. government unloads a portion of its stake in the company.
You know the feeling. A cop points a radar gun at you, an IRS audit arrives in the mail, there’s a parking ticket on your windshield, or the U.S. Department of Transportation inspector just isn’t going to give up until
Volvo Trucks said that fifth wheel coupling devices from Jost International will now be standard equipment on Volvo VN and VHD tractors manufactured at its Dublin, Va., plant, which assembles all Volvo trucks sold in North America. “Introduction of this new standard fifth wheel represents our ongoing focus on safety, driver productivity and customer value,†[…]
With the help of Michael Meyer of Rate-Highway Inc. and Jim Tennant of The Tennant Group, Auto Rental News publishes monthly auto rental rate surveys for six major airports in the cities of Boston (BOS), Miami (MIA), Chicago (ORD), Houston (HOU), Seattle (SEA) and Los Angeles (LAX). The rates are based on weekly surveys and are published […]
