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Business, Government, Safety, Fuel, Autonomous

Volvo’s January-February Truck Sales Drop 13%

Truck maker Volvo AB said its sales for the first two months of the year fell 13%, as U.S. deliveries plunged following new emissions standards that boosted truck prices, Bloomberg reported Tuesday.

Transport Topics
March 20, 2007
Business, Safety, Equipment, Autonomous

Navistar Reports Strength in Overseas Markets

Truck and engine maker Navistar International Corp. said Tuesday it saw signs of strength in non-traditional and overseas vehicle markets, despite a 6% downturn in Class 6-8 North American truck and bus shipments in its fiscal first quarter.

Transport Topics
March 20, 2007
Business, Government, Safety

US 1 Reports Improved Fourth-Quarter Profit

US 1 Industries’ fourth-quarter income was $1.4 million or 11 cents a share, compared with $600,000 or 5 cents a year earlier.

Transport Topics
March 20, 2007
Business, Safety, Government

EGL to Be Sold to CEO, Investor Groups for $1.7 Billion

Transportation firm EGL Inc. said Monday it has signed a definitive merger agreement under which EGL Chairman and Chief Executive Officer James Crane and two investment firms will buy the firm for $38 per share, or about $1.7 billion.

Transport Topics
March 19, 2007
Business, Government, Safety

Opinion: The Upside of the EOBR Proposal

The Federal Motor Carrier Safety Administration’s recently proposed rule mandating the use of electronic onboard recorders for habitual violators of federal hours-of-service regulations has set in motion an industrywide discussion about the plan’s merits.

March 19, 2007
Business, Safety, Autonomous

OEMs Ship 281,000 Trailers in ’06

While much of the heavy-duty truck sales hoopla during 2006 focused on truck makers as they set new monthly and yearly sales records, trailer makers were quietly posting their third-best sales year ever, according to new data from ACT Research.

Tarun Reddy | Staff Reporter
March 19, 2007
Business, Safety, Government, Autonomous

TCA Leaders Plan Active Role In Shaping Industry Policies

LAS VEGAS — Leaders of the Truckload Carriers Association said they will take a more active role in shaping trucking’s policy in the coming year and emphasize the need to provide drivers a safer work environment and wage stability.

Neil Abt | Editorial Director
March 19, 2007
Business, Government, Safety, Autonomous

Trucking, Safety Officers’ Group Join Forces Against Coalition Over Criticism of FMCSA

WASHINGTON — Trucking and law enforcement groups said a recent report claiming the Federal Motor Carrier Safety Administration has failed to ensure trucking safety was unproductive and poorly researched.The report, released March 12 by the Truck Safety Coalition, Advocates for Highway and Auto Safet

Sean McNally | Staff Reporter
March 19, 2007
Business, Government, Safety, Fuel

Editorial: A Fuel-Price Gusher

A funny thing happened just as some fleets were discussing reducing their fuel surcharges: Prices went flying again. Since Jan. 26, after five straight weekly increases, the average retail price of diesel is $2.626 a gallon, and climbing.

March 16, 2007
Business, Safety

Intermodal Traffic Continues to Climb, Rising 8.9% for Week

Rail intermodal traffic rose 8.9% last week but carload traffic fell 0.9% as overall volume reached its highest level this year, the Association of American Railroads said Thursday.

Transport Topics
March 15, 2007