Class 8 Truck Sales Plunge in March
The collapse in heavy-duty U.S. truck sales accelerated in March, dropping nearly 38% from the same month in 2006.
April 23, 2007USA Truck Reports Lower Earnings
Truckload carrier USA Truck said Thursday its first-quarter profit plunged to $800,000 or 1 cent per share, from $3.4 million or 30 cents a year earlier, on softer freight demand.
April 19, 2007Rush’s 1Q Earnings Improve
Truck dealer Rush Enterprises said its first-quarter earnings improved to $13 million or 51 cents a share, up from $11.6 million or 46 cents a year earlier.
April 18, 2007Shippers Benefitting From Softer Freight Market, Journal Reports
Freight shippers are seeing a more favorable environment because of slipping overall volumes moved by trucks and trains and an abundance of capacity, the Wall Street Journal reported Wednesday.
April 18, 2007Truck Stops Concerned About Supplying Urea
Bankruptcies Increase as Freight Declines
Trucking company failures jumped in the first quarter of 2007, and industry observers warned of tougher times ahead because of an uncertain economy, weak freight loads and rising fuel costs.
April 16, 2007IRS Says Fleets Face Sanctions
IRS officials told trucking executives that motor carriers must account properly for driver per-diem expenses or risk losing the tax-exempt status of the plans.
April 16, 2007Letters to the Editor: Maintenance Issues; Heavier Trucks
Justice OKs Trucking Survey
The Justice Department said Tuesday it will not oppose a proposal by the National Association of Small Trucking Companies to conduct an operational and financial survey of small- and medium-sized trucking firms.
April 10, 2007Daimler Sets Dealer Initiative
DaimlerChrysler Truck Financial announced a regional initiative Monday that it said will improve service to its Freightliner, Sterling and Western Star dealers in the United States and Canada.
April 9, 2007