Truck Orders Rise 2.4% in January; Ease Back From Record Highs
Class 8 truck orders rose 2.4% in January to 35,400, slowing from the torrid fourth-quarter pace in which they averaged over 43,000, ACT Research reported.
February 4, 2015Companies Added 241,000 Workers in December, ADP Says
Companies added more workers than forecast in December, indicating the U.S. job market was sustaining strength as 2014 drew to a close, according to a private report based on payrolls.
February 4, 2015API Chief Jack Gerard: Infrastructure Priorities Transcend Politics
Jack Gerard, executive director of the Washington-based American Petroleum Institute, told the House Transportation and Infrastructure Committee on Feb. 3 to put aside political differences and agree on long-term funding programs that modernize the country’s aging transportation network.
February 3, 2015Washington DOT Files $17 Million Lawsuit in Skagit Bridge Collapse
The Washington State Department of Transportation has filed a $17 million lawsuit against the motor carrier and driver involved in the 2013 Interstate 5 Skagit River bridge collapse, the Associated Press reported Feb 3.
February 3, 2015Michael Jackson Retiring as Western Star GM
Michael Jackson, general manager of Western Star Truck Sales, will retire at the end of March, parent company Daimler Trucks North America announced Feb. 3. He will be succeeded by Kelley Platt.
February 3, 2015Navistar Adds Cummins ISB to WorkStar
Navistar has added the Cummins ISB 6.7-liter diesel to the engine lineup of its International WorkStar vocational model, the truck manufacturer announced.
February 3, 2015Judge Awards $2.2 Million in Pacer Drayage Case
A California court has awarded seven drayage drivers for an XPO Logistics subsidiary $2.2 million in an ongoing battle over worker classification that could continue with more legal action this week.
February 3, 2015Diesel Drops 3.5¢ to $2.831; Gas Gains for First Time Since September
Diesel’s national average price fell 3.5 cents to $2.831 a gallon, a new five-year low, while gasoline rose for the first time since September, the Department of Energy reported Feb. 2.
February 3, 2015Feb. 3 Earnings Roundup: Heartland, Robinson, Ryder, Eaton
Heartland Express Inc., C.H. Robinson Worldwide Inc., Ryder System Inc. and Eaton Corp. reported increased fourth-quarter earnings as trucking-related business across the industry benefited from an improving economy and growing demand.
February 3, 2015UPS Earnings Fall 1.9%, Hurt by Higher Package Costs
UPS Inc. announced 1.9% lower fourth-quarter earnings, excluding one-time charges, of $1.13 billion, or $1.25 per share, that were hurt in both 2014 and the prior year by a miscalculation of peak holiday shipment demand.
February 3, 2015