Toyota will increase the capabilities of its 2007 Tundra 1/2-ton pickup in hopes of increasing market share from the current 7% to 10%. The automaker is targeting only a small increase in fleet sales to customers such as construction firms, but overall it expects to sell about 200,000 Tundras next year.
ADESA economist Tom Kontos notes a weak retail environment for used vehicles but sees the average wholesale prices up in August. On a year-over-year basis, the 5.5% increase may be misleading because it is based on last year's comparables that were impacted by Hurricane Katrina and employee discount programs.
Gil Carmichae, senior chairman of the board of the U of Denver's Intermodal Transportation Institute, hammers state and federal DOTs for "obsolete attitudes"
Prominent motor carriers are teaming with Road Safe America to petition the Federal Motor Carrier Safety Administration for mandated speed governors on heavy commercial trucks
Governor Arnold Schwarzenegger outlaws one of the most common distractions of California drivers--the hand-held cell phone