Construction Spending Falls 1.4% in Third Straight Decline
Construction spending fell for a third straight month in February, the Commerce Department said Friday.
April 1, 2011Con-way Says Most of Its Truckload Fleet Is Using E-Logs
Con-way Truckload said that 71% of its 3,000-driver fleet is using electronic logs, with full integration of the technology expected by June.
April 1, 2011Ryder Orders Heavy-Duty Natural Gas Trucks
Ryder System has ordered 202 heavy-duty natural gas trucks, which it will deploy to southern California later this year.
April 1, 2011Trailer Bridge Reports Fourth-Quarter Loss
Trailer Bridge Inc. reported a fourth-quarter loss of $2.9 million, or 24 cents per share, compared with a profit of $1 million, or 8 cents, a year ago.
April 1, 2011Oil Surges to Top $106 a Barrel
Oil jumped to its highest closing price in two-and-a-half years over $106 a barrel, on concern that the Libyan conflict will prolong production cuts, Bloomberg reported.
April 1, 2011US 1 Reports Fourth-Quarter Profit
Logistics firm US 1 Industries’ fourth-quarter net income improved to $300,000, or 2 cents a share, from a loss of $2.1 million, or 15 cents, a year earlier.
April 1, 2011Intermodal Traffic Rises 5.7% for Week
Intermodal traffic rose 5.7% last week compared with the same week a year ago, the Association of American Railroads reported.
April 1, 2011Daimler Raises North American Truck Sales Estimate
LOUISVILLE, Ky. — Daimler Trucks raised its estimate for 2011 industrywide sales of Class 6-8 trucks in North America to a gain of 30% to 35% over last year, to 286,000 trucks, company executives said.
March 31, 2011ArvinMeritor Changes Name to Meritor Inc.
Vehicle parts supplier ArvinMeritor Inc. said it has changed its name to Meritor Inc., and separately lowered its second-quarter earnings outlook and said it was closing its European trailer axle business in July.
March 31, 2011Graves Tells Congressional Panel Trucking Needs Affordable Diesel Fuel
American Trucking Associations President Bill Graves told a House of Representatives panel Thursday that policymakers need to ensure the trucking industry has access to affordable diesel.
March 31, 2011