As per the 2009 Annual Report of The Panama Canal Authority (ACP), vehicle carrier segment registered a double digit fall in important traffic indicators in the fiscal year 2009 spanning from Oct 1, 2008 to Sep 30, 2009. Vehicle carrier transits plummeted by 42.6% (469), tonnage by 36.9% (25.1 million) and toll revenue by 28.8% (B/.87.2) inRead More
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Online car auctions are a growing tool for selling cars; it’s also good business for car haulers, since winning bids can often come from the other side of the country, if not the world. However, this story on a car auction gone bad comes from my old neck of the woods of Lexington; I can recallRead More
The NUMMI plant in California, a joint venture between Toyota and GM, seems to be on its last legs, much to the chagrin of Teamster car haulers. GM has abandoned its share of the plant during bankruptcy and Toyota is about to do likewise; the Corolla produced there is part of the recall that hasRead More
The major car rental companies will be moving cars with Toyota decals to the back of the lot, as both Avis Budget and Enterprise are opting to not rent out the Toyotas currently under recall. The peddle problems generally don’t manifest themselves in the low-mileage cars in the rental fleets, but the rental car companies don’t wantRead More
Both Ford and Toyota are recalling their hybrid cars with similar braking issues. The big news of the day is that Toyota will be announcing a recall of its Prius to do a programming fix on its breaking system. Ford, while not calling it a recall, is doing a similar reprogramming of the breaking systemRead More
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