NTEA Industry News Brief
June 11, 2009

Chrysler and Fiat Make it Official
from CNN
Chrysler and Italian automaker Fiat on Wednesday officially signed a strategic alliance brokered by the U.S. government, one day after the Supreme Court cleared the path for the deal. More

GM to Halt Medium-duty Truck Production
from Reuters
General Motors Corp, which filed for bankruptcy protection last week, said it would cease production of medium-duty trucks by July 31 after attempts to sell the operation failed. More

Global Medium and Heavy Trucks Market Shrinks by 2.9 Percent in 2008
from Trailer Body Builders
The global medium and heavy trucks market shrank by 2.9 percent in 2008 to reach a value of $295.4 billion, according to Research and Markets’s new report, "Medium & Heavy Trucks: Global Industry Almanac." More

Navistar, American LaFrance Working on Low Cab-over Truck
from Fleet Owner
Navistar and American LaFrance are working towards an agreement to jointly produce a low cab-over engine (LCOE) truck that will be added to Navistar’s International lineup. The vehicle, originally being designed for the waste and construction markets with additional vocational applications to be added in the future, will be based on the American LaFrance LCOE platform. More

Trucking Groups Back Higher Weight
from eTrucker
More than 100 associations and companies officially launched the Coalition for Transportation Productivity, urging Congress to responsibly raise the federal vehicle weight limit on U.S. interstates. CTP supports the Safe and Efficient Transportation Act of 2009 (H.R. 1799), which would increase the interstate weight limit, which it says would improve trucking productivity and allow for safer highways, a cleaner environment and a stronger economy. More

DOE Boosts Diesel, Gas Price Projections
from Transport Topics
Diesel fuel will average $2.40 a gallon this year and $2.67 next year, lower than last year’s record high level but up sharply from a previous estimate, the Department of Energy said. More

Trucking Technologies Survey Gives Insight Into Equipment Purchase Trends & Plans
from GLG News
According to a Frost & Sullivan survey taken 12/08-1/09, there has been a major change in trucking fleet priorities - and what they will pay for them. Also implied is that this is where most future profits exist for manufacturers and suppliers. While all of this is true, government “forced” rules compete with productivity-related products for priority, while trucking companies fight for basic profitability. More

U.S. Trade Deficit Widens
from Transport Topics
The U.S. trade deficit expanded in April for the second straight month following seven declines, as exports dropped to the lowest level in almost three years, the Commerce Department said. More