Monthly Archives: October 2010

J.B. Hunt’s Thompson Stepping Down from President/CEO Role

Kirk Thompson J.B. Hunt Transport Services, Lowell, Ark., announced that Kirk Thompson plans to step down from his role as J.B. Hunt Transport Services' president and CEO on Dec. 31. He was elected to the position of Chairman of the Board effective January 1, 2011, replacing Wayne Garrison who will remain a director. Thompson, who [...]

Rush Enterprises’ 2Q Profit Improves on Higher Truck Sales

 Updated: 10/21/2010 10:15:00 AM Truck dealership Rush Enterprises said its third-quarter profit improved as sales rose. The company reported net income of $14.2 million, or 37 cents a share, from $3 million, or 8 per diluted share. Truck segment revenue rose to $401.7 million, from $289.8 million, while overall revenue rose 38.1% to $405.8 million. [...]

Quebec’s Robert Transport Orders 180 Peterbilt LNG Trucks Powered by Westport HD Systems

Robert Transport of Boucherville Que. has placed the largest order ever for trucks powered by Westport HD natural gas engines. The new Peterbilts will go into line haul service on routes between Montreal and Quebec City, and Montreal to Toronto. Quebec-based natural gas distributor, Gaz Metro, will develop three refueling sites along the Hwy. 401 [...]

Caterpillar’s 3Q Income Jumps 96% on Stronger Sales

 Updated: 10/21/2010 11:40:00 AM Heavy equipment maker Caterpillar Inc. said Thursday its third-quarter net income jumped 96%, due in part to strong sales in developing countries. Its profit rose to $792 million, or $1.22 per share, up from $404 million, or 64 cents, a year ago. Sales rose 53% to $11.13 billion, from $7.3 billion [...]

Fuel Economy Regs: What’s the Point?

Just curious here: What is it the EPA and NHTSA believe they can accomplish by regulating fuel efficiency standards that the market isn't already doing, or wouldn't do if the economic argument made sense? The two federal agencies estimate the first round of regulations rule will save 500 million barrels of oil over the life [...]

Class 8 Truck Orders Jump 37% in September, ACT Says

 Updated: 10/22/2010 12:00:00 PM September orders of Class 8 trucks totaled 15,231 — up 37% from a year ago, according to a report released Thursday by ACT Research Co. Seasonally adjusted net orders for the month were the second-highest monthly total in the past two years, ACT said in its latest “State of the Industry: [...]

Collection Appeals Program (CAP)

If you choose to go through this CAP process then you cannot go to Court on the Appeals' decision. CAP procedures are available to you if you've received any one of the following notices: Notice of Federal Tax Lien Notice of Levy Notice of Seizure Denial or Termination of Installment Agreement CAP Procedures If your [...]

Appealing Collection Issues

Before you prepare a request for Appeals, refer to the Appeals homepage to decide if Appeals is the place for you. Select the appropriate appeal procedure for specific instructions on preparing your request for Appeals.  If you decide you want to present your dispute to Appeals, you will need to prepare a request for Appeals and [...]

Letters and Notices Offering an Appeal

  Examination Letters   Letter 525 – General 30 Day Letter This letter accompanies a report giving you a computation of the proposed adjustments to your tax return. It informs you of the courses of action to take if you do not agree with the proposed adjustments. The letter explains that if you agree with [...]

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