TTNews.com http://www.ttnews.com Trucking News Throughout the Day. Faulty Bendix Valves Installed on Around 60,000 New Trucks A faulty brake valve produced by Bendix Commercial Vehicle Systems has been installed on as many as 60,000 Navistar Inc., Paccar Inc. and Volvo Group heavy-duty vehicles that are now in service. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28618 - Fri, 03 Feb 2012 16:00:00 GMT ISM Services Index Jumps in January An index of the U.S. economy's service sector rose in January at the fastest pace in nearly a year, the Institute for Supply Management said Friday. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28617 By Transport Topics - Fri, 03 Feb 2012 15:30:00 GMT Railroads, Union Agree; Possible Strike Averted The largest U.S. freight railroads reached a tentative agreement last week with a union representing track and bridge maintenance workers, eliminating the possibility of a nationwide work stoppage. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28615 By Rip Watson - Senior Reporter Fri, 03 Feb 2012 14:00:00 GMT Provisions for Heavier Trucks Removed from House Transportation Bill Provisions for heavier, longer trucks contained in a transportation reauthorization bill introduced in the U.S. House of Representatives Tuesday did not survive the bill's first hearing. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28614 By Michele Fuetsch - Staff Reporter Thu, 02 Feb 2012 22:30:00 GMT Cummins' Profit Rises for 4Q, Year Diesel engine maker Cummins Inc. on Thursday said its fourth-quarter profit rose from a year ago as sales climbed to a quarterly record. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28611 By Transport Topics - Thu, 02 Feb 2012 21:45:00 GMT Weekly Intermodal Traffic Rises 5.5% U.S. intermodal traffic rose 5.5% for the week ended Saturday from a year ago, the Association of American Railroads reported. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28610 By Transport Topics - Thu, 02 Feb 2012 21:45:00 GMT Iteris Swings to Fiscal 3Q Profit Iteris Inc., a provider of traffic management technology, said it posted a profit in its third fiscal quarter. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28613 By Transport Topics - Thu, 02 Feb 2012 21:30:00 GMT Covenant Posts Fourth-Quarter Loss Covenant Transportation Group reported a fourth-quarter loss as freight revenue declined. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28612 By Transport Topics - Thu, 02 Feb 2012 20:45:00 GMT ODFL Posts Record Profits for 4Q, Year Old Dominion Freight Line posted record revenue and earnings for both the fourth quarter and the full year, the less-than-truckload carrier said Thursday. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28609 By Transport Topics - Thu, 02 Feb 2012 20:00:00 GMT Landstar's Earnings Improve for 4Q, Year Truckload carrier Landstar System said Thursday its fourth-quarter earnings rose to $32.6 million, or 70 cents per share, from $24.1 million, or 50 cents, a year earlier. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28606 By Transport Topics - Thu, 02 Feb 2012 15:30:00 GMT Ryder's Fourth-Quarter Profits Improve Ryder System said Thursday its fourth-quarter profit improved and projected its full-year revenue will rise 4% in 2012. http://www.ttnews.com/articles/basetemplate.aspx?storyid=28603 By Transport Topics - Thu, 02 Feb 2012 15:20:00 GMT