Cummins Boosting Dividend
Diesel engine maker Cummins Inc. said Tuesday it will boost its dividend to 40 cents per share, from 26.25 cents per share, effective Sept. 1.
July 12, 2011EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
YRC Gains New $400 Million Asset-Based Loan
YRC Worldwide said Monday it has obtained commitments for a three-year, $400 million asset-based loan that will replace its existing asset-backed securitization facility.
July 11, 2011Prophesy Dispatch Works With PC Miler Version 25
Prophesy Transportation Solutions said its Prophesy Dispatch system is compatible with ALK Technologies Inc.’s new PC Miler Version 25.
July 11, 2011Daimler to Provide Financing to U.S. Mitsubishi Fuso Dealers, Customers
Daimler Truck Financial said Monday it will begin providing financial products and services for more than 175 U.S. Mitsubishi Fuso Truck of America dealers and their customers.
July 11, 2011Schneider Hiring 300 Drivers in South-Central U.S.
Truckload carrier Schneider National said Monday it is hiring 300 truck drivers in Texas, Oklahoma and New Mexico for its growing dedicated and bulk tanker divisions.
July 11, 2011Gasoline Dips 1.3¢ to $3.62, Lundberg Survey Says
Gasoline’s national average price dropped 1.3 cents in the past two weeks to an average $3.615 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
July 11, 2011June Class 8 Truck Orders Top 20,000 for Eighth Straight Month
Truck manufacturers received more than 20,000 orders for new Class 8 vehicles in June in North America, the eighth consecutive month above that level and 33% higher than June 2010, two market research firms reported.
July 11, 2011Opening the Border
Congratulations to the U.S. Department of Transportation for finalizing the cross-border trucking program with Mexico.
July 11, 2011More Carriers Employing New Technologies as Shippers Demand Real-Time Cargo Tracking
Many carriers are finding it necessary to provide shippers with real-time tracking for their loads if they want to retain valued customers, several trucking and software company executives have said.
July 11, 2011Survey Finds Fewer Technical Problems With 2009 Trucks Than Previous Year
Owners of 2009 Class 8 trucks reported a drop in mechanical and technical problems from the previous year, including problems with engines, usually the largest source of complaints, J.D. Power and Associates said in a report.
July 11, 2011