President Obama won a second White House term Tuesday night, overcoming concerns about the fragile economic recovery to soundly defeat Republican nominee Mitt Romney.
President Obama won a second White House term Tuesday night, overcoming concerns about the fragile economic recovery to soundly defeat Republican nominee Mitt Romney.
Preliminary data for Class 8 truck sales in North America shows the highest level of net orders since the start of the year — 23,200 units — on both an actual and seasonally adjusted scale, according to industry research firm ACT Research – By CCJ
The American Trucking Associations has released a paper concluding that the driver shortage the industry is experiencing now — about a 20,000- to 25,000-person shortage — could jump to as high as 239,000 in just 10 years, with the bulk of them coming in the long-haul, truckload sector.  – From CCJ
American Suzuki Motor Corp., rocked by a plunge in volume while the industry has climbed back from recession, is ending U.S. auto sales after nearly 30 years and filed for Chapter 11 bankruptcy protection.  – By Automotive News
Roadrunner Transportation Systems said Monday it has acquired intermodal transportation company Central Cal Transportation for about $4 million.
General Motors Co. said Monday it had more than doubled its current line of credit to $11 billion — a key step toward returning to investment-grade status. From The Detroit News:
GM’s fifth-generation V-8 will spend more time in 4-cyl. mode, use Delphi-supplied GDI, boost efficiency with continuously variable valve timing and no longer will be produced in Romulus, MI.  By Wards Auto
More than 42.5 million motorists are expected to travel over 50 miles this Thanksgiving Holiday, making it one of the busiest holiday travel times of the year. AÂ group of elite professional truck drivers, with millions of accident-free miles, are offering advice on how to navigate through highway traffic safely. Story from Automotive Fleet
Blue Tree Systems, Inc. a provider of reefer monitoring, trailer tracking and in-cab fleet management systems, announced that RWI Transportation, a member company of the Castellini Group, has integrated the company’s R:COM Temperature Management system with TMW’s operating software to deliver live information from the reefer unit to front-line operations.  Story by CCJ