DEF Industry Says It Can Meet Rising Demand
Businesses involved in supplying diesel exhaust fluid needed for about 75% of the nation’s newest heavy-duty trucks say they easily will meet the expected 300% increase in demand this year.
January 31, 2011FedEx Freight to Use Rail Intermodal for First Time, Shifting From Trucks
FedEx Freight, the second-largest less-than-truckload carrier in the nation, said it plans to use rail intermodal service for the first time as part of new “economy” freight service, beginning Jan. 31.
January 31, 2011Navistar Says It Has 50,000 Orders for Trucks
An executive with Navistar Inc. said the company has received orders for nearly 50,000 International trucks with its 2010-compliant MaxxForce engines and already has shipped 26,000 of them to customers.
January 31, 2011December Truck Tonnage Grows 4.2%
Freight tonnage ended 2010 on a high note, as American Trucking Associations reported its seasonally adjusted cargo index climbed 4.2% in December to its highest level since early in the recession.
January 31, 2011Diesel, Gasoline Prices Rise for Eighth Straight Week
U.S. retail fuel prices rose for the eighth consecutive week as frigid temperatures on the East Coast and in Europe boosted demand, analysts said.
January 31, 2011J.B. Hunt’s Income Jumps for 4Q, Year
J.B. Hunt Transport Services said Friday its fourth-quarter net income rose, as its trucking, intermodal and dedicated contract carriage units all reported improvement.
January 28, 2011Oshkosh Reports Lower Profit in Fiscal 1Q
Oshkosh Corp. said Friday its fiscal first-quarter profit fell on lower sales volumes.
January 28, 2011Hub Group’s Fourth-Quarter Earnings Grow
Logistics and intermodal firm Hub Group’s fourth-quarter profit jumped 25.7% to $12.5 million, or 34 cents a share, from $10 million, or 26 cents, a year earlier.
January 28, 2011Intermodal Traffic Rises 6.2% for Week
Intermodal traffic increased 6.2% last week compared with a year ago, the Association of American Railroads reported.
January 28, 2011Consumer Confidence Falls Slightly
Consumer confidence slipped in January from a six-month high in December, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
January 28, 2011