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Continental forecasts global retread growth

Commercial Carrier Journal, CCJ – Finishing out 2012 with significant growth in the Americas retreading market, Continental Tire the America’s Commercial Vehicle Tire Business unit detailed some of its plans for expansion of the ContiLifeCycle retreading solution in the region.

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GM plans to move new Camaro production from Canada to Mich.

Automotive News – General Motors plans to move production of the next-generation Chevrolet Camaro to Michigan from Canada. The Camaro, currently made in Oshawa, Ontario, will be built at the Lansing Grand River Assembly Plant in Lansing, Mich., GM said today in a statement.  

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Brokering and Constructive Total Loss

Background: Your customer has just given you an order to deliver 1,000 cars by the end of the week. Logistically, you’ll be able to handle 800 of them with your equipment but you’re going to have to scramble to get the remaining done through your brokerage.  Like many carriers, you’ve gotten accustomed to relying on […]

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Insurance, Preparing for Renewal

The purpose of this memo is to make you aware of the inspection process an insurance company performs to evaluate the insurability of your company.   The insurance market shows no signs of softening in the near future and the inspection performed by insurance companies has never been more critical.   Generally, insurers will grade […]

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NY Thruway axes truck toll hike plan

Commercial Carrier Journal, CCJ – The New York Thruway Authority has abandoned plans to raise truck tolls by 45 percent. On Dec. 17, Thruway Authority Executive Director Thomas Madison presented a new plan regarding Thruway finances that eliminated the hike the authority board gave preliminary approval to last May.  

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Navistar reports $2.8 billion loss in 4Q

Commercial Carrier Journal, CCJ – Navistar announced Wednesday, Dec. 19, a net loss of $2.8 billion in the fourth quarter of 2012, stemming mostly from a non-cash tax expense of $2 billion from an increase in deferred tax valuation allowance on the company’s U.S. deferred tax assets.  

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Reasons for the rise in truck-occupant crash deaths

Overdrive Magazine - Following statistics from the National Highway Traffic Safety Administration we reported on Dec. 11, which showed highway deaths overall had fallen to levels not

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Chrysler would invest $162 million in transmission plant, create 850 jobs

Automotive News - Chrysler Group wants to invest nearly $162 million in an Indiana plant finished in 2008 but never occupied because of a failed joint venture and Chrysler’s bankruptcy.  

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Toyota to pay record $17.35 million fine for U.S. defect reporting lapse

Automotive News – Toyota Motor Corp. has been ordered to pay a record fine of $17.35 million for failing to report a safety defect to the U.S. government in a timely manner, the U.S. Department of Transportation said.

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