New Truck Orders Fall 23.4%, But Still Hit 16,200 in August
New heavy-duty truck orders fell 23.4% to 16,200 in August from a year earlier, according to preliminary figures from ACT Research Co., and some truck makers said they plan more downtime at plants in order to trim production.
September 10, 2012Class 8 Registrations Decline 1.5%, Polk Report Says
The nation’s heavy-duty truck fleet shrank 1.5% in the second quarter from a year earlier to 3.5 million vehicles, as companies continued purging older trucks but held off buying new ones in response to slow economic growth and regulatory uncertainty, R.L. Polk & Co. said in a new report.
September 10, 2012FedEx Says Quarterly Profit to Fall 4.1% From Year Ago
FedEx Corp. said its earnings for the three months ended Aug. 31 will probably decline by 4.1% from last year’s comparable quarter, “as weakness in the global economy constrained revenue growth” at its Express division.
September 10, 2012FedEx Says Quarterly Profit To Fall 4.1% From Year Ago
FedEx Corp. said its earnings for the three months ended Aug. 31 will probably decline by 4.1% from last year’s comparable quarter, “as weakness in the global economy constrained revenue growth” at its Express division.
September 10, 2012Diesel Increases 3.8¢ to $4.127, for Ninth Consecutive Gain
Retail average diesel fuel prices rose 3.8 cents last week to $4.127 a gallon — the ninth straight increase — the Department of Energy reported, as the oil industry in the Gulf Coast dealt with the aftermath of Hurricane Isaac.
September 10, 2012Unemployment Rate Drops to 8.1%; Trucking Adds 1,400 Jobs
U.S. employers added 96,000 jobs in August, and the unemployment rate fell to 8.1%, from 8.3% a month earlier, the Labor Department said Friday.
September 7, 2012DEF Price Rose 7¢ in August
The average U.S. pump price of diesel exhaust fluid rose 7 cents to $2.77 a gallon in August from July, Integer Research reported.
September 7, 2012Descartes Systems’ Fiscal 2Q Profit Dips
Trucking and logistics management provider Descartes Systems Group’s second-quarter net income fell from a year ago.
September 7, 2012FHWA Gives Louisiana $3.5 Million for Isaac Repairs
The Federal Highway Administration has released $3.5 million to help repair Louisiana highways damaged by Hurricane Isaac.
September 7, 2012Intermodal Traffic Rose 6.5% for Week
U.S. intermodal traffic rose 6.5% last week over the same week last year, the Association of American Railroads reported.
September 7, 2012