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North American Production to Get Boost From Import Replacements in 2014

Wards Auto – Overseas-based manufacturers will continue to shift more sourcing to North American factories, according toWardsAuto’s latest North American Light Vehicle Production Forecast.

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EU Set to Defend Auto Makers From Argentine Import Restrictions

Wards Auto - The World Trade Organization’s dispute-settlement body in Geneva is taking a close look at a complaint lodged by the European Union against Argentine import restrictions on automobiles and parts.

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RENEWED STRIKE THREAT TO US PORTS

US East Coast and Gulf ports are facing the renewed threat of widespread strikes at the end of December with the extension to the current bargaining process between the United States Maritime Alliance (USMX) and the International Longshoreman’s Association (ILA) due to expire on the 29th December. If the strike goes ahead it will  

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Driver Turnover at Truckload Carriers Remains High

Trucking info – The annualized linehaul driver turnover rate at large truckload fleets remained over 100% for the second straight month, and the churn at smaller truckload carriers rose to a five-year high, according to American Trucking Associations Trucking Activity Report.

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Ports, Longshoremen Remain Apart as Contract Deadline Nears

Transport Topics – Talks between the International Longshoremen Association and East and Gulf Coast port operators stalled this week, with a contract deadline looming Dec. 29 after which the union could strike, the Associated Press reported Thursday.

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Outlook: Natural gas use to offset diesel growth

CCJ – The U.S. Department of Energy projects that the use of natural gas in heavy-duty vehicles will offset growth in diesel consumption during the next few decades, eventually displacing a predicted 700,000 barrels of oil per day by 2040, according to the 2013 edition of the Annual Energy Outlook released this week by the […]

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Phillips launches engine oil line for natural gas vehicles

CCJ – Phillips 66 Lubricants announced last week a continuation in its investment into the heavy-duty natural gas market by unveiling the Gaurdol NG and Kendall Super-D NG engine oil products for use in both compressed natural gas or liquified natural gas heavy-duty trucks.

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GM to Buy Back 200 Million Shares of Stock From U.S. Treasury for $5.5 Billion

Automotive Fleet – General Motors announced it will buy 200 million shares of GM common stock held by the U.S. Treasury department for $5.5 billion. GM said the buyback is part of the Treasury’s plan to fully exit its holdings of GM stock within 12 to 15 months. GM is purchasing the shares for $27.50 […]

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PA offering natural gas grant program

CCJ, Pennsylvania’s Department of Environmental Protection started accepting applications last week for a grant program in which $20 million will be available over the next three years for incremental and conversion costs of heavy-duty  natural gas vehicles for fleets, PDEP announced.

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