trucks News Updates

The most important near-term component of our campaign to retain the current hours of service rules is industry involvement.

Profits increased sharply at most of the eight publicly traded truckload carriers that issued earnings reports last week, with gains coming mostly through rate increases rather than volume growth in the uneven, but modestly growing, freight market.

USA Truck reported a loss of $1.8 million, or 17 cents per share, compared with a loss of $2.5 million, or 24 cents, a year ago.

U.S. sales of medium-duty trucks totaled 30,578 in December, a 24.7% increase over the comparable month in 2009 and the highest amount since March 2008, WardsAuto.com reported.

Curtis Carr, vice president of safety and risk management for Estes Express Lines in Richmond, Va., has been appointed to that state’s Board of Transportation Safety by Gov. Bob McDonnell.

Truck manufacturers and their dealers sold 11,742 Class 8 trucks in the United States during December, the highest monthly total since December 2008, Wardsauto.com reported.

The global low-cost truck market will make less-expensive vehicles available in North America, which has seen prices rising steadily for more than a decade, said a new report from consulting firm Frost & Sullivan.

David Barefoot, American Trucking Associations senior vice president and chief operating officer, has retired after 12 years of service to the federation.

Transport Topics Online will be closed Monday for the New Year’s holiday. Please check back on Tuesday, Jan. 3, for the latest trucking and freight transportation news.

American Trucking Associations officials said 2010 was marked by shifting their policy focus to regulatory agencies from Capitol Hill, while also changing some of the key voices delivering the federation’s message.