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Executives Say Used Trucks Remain Scarce, Despite 2011 Rise in New Class 8 Deliveries
The increase in new Class 8 deliveries in 2011 hasn’t yet done anything to ease the scarcity of used vehicles and, if anything, has added even more upward price pressure, industry executives and analysts said.
ATA Promotes Sharma to General Counsel
American Trucking Associations said last week that Prasad Sharma has been promoted to general counsel and senior vice president.
Regulations Rile Heavy-Duty Manufacturers
LAS VEGAS — Manufacturers of truck components and parts meeting here bristled at the Obama administration’s regulatory policies, calling them onerous and difficult to comply with, while the president of American Trucking Associations said his industry probably will not get what it craves most this year, a new, comprehensive federal transportation plan.



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Unemployment Rate Declines to 8.3%; Trucking Adds 5,300 Jobs
The unemployment rate dropped in January to 8.3%, the lowest almost in three years, while the economy added 243,000 jobs, including 5,300 trucking jobs, the Labor Department said Friday.

Faulty Bendix Valves Installed on Around 60,000 New Trucks
A faulty brake valve produced by Bendix Commercial Vehicle Systems has been installed on as many as 60,000 Navistar Inc., Paccar Inc. and Volvo Group heavy-duty vehicles that are now in service.

ISM Services Index Jumps in January
An index of the U.S. economy’s service sector rose in January at the fastest pace in nearly a year, the Institute for Supply Management said Friday.
 

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