Navistar Names New Head of Heavy Vehicle Group
Dennis Webb was named general manager of Navistar International’s Heavy Vehicle Center, the company announced July 26. Webb, 52, succeeds Steve Keate, who became president of Navistar’s Truck Group on June 18.
Analysts Debate Future Diesel Prices
Analysts were divided on whether fleet managers should “lock in” at current prices as the national average cost of diesel fuel rose to $1.137 a gallon last week.
Conrail Deal Dents NS, CSX Earnings
Norfolk Southern and CSX Transportation ended their second month as owners of a split-up Conrail with reports of weaker earnings.
Some Truckload Carriers Impose Fuel Surcharges
Some truckload carriers joined their counterparts in the less-than-truckload sector in imposing rate surcharges after the average cost of diesel took another jump.
Component Suppliers Ride High Atop Crest of Truck Sales Wave
As trucking companies continue to buy new Class 8 tractors at a record pace in order to meet the heavy demand for freight transportation, companies that sell components to truck makers have seen their sales and earnings lifted to new heights.
Louisiana Governor Signs Intermodal Roadability Law
Louisiana forbids the owner of a vehicle to offer a chassis or container in intermodal exchange that does not meet federal safety regulations, under a new state law. Truckers would have the right to inspect the equipment and demand that repairs be made if necessary.
Trailer Numbers Head Toward 'Normal'
Shipments of trailers and chassis continued to slide through May, dropping 14.4% below their levels for the same five months during the record-breaking year of 1998.
CSX Changes Top Rail Executives
Ronald J. Conway has been named president of CSX Transportation in the first of a series of executive changes at both the corporate and subsidiary levels of CSX.
Components Suppliers Riding High
As Class 8 tractors sell at a record pace in order to meet heavy demand, companies that sell components to truck makers have seen their sales and earnings lifted to new heights.
Trailer Sales Head Toward Normal
Shipments of trailers and chassis continued to slide through May, dropping 14.4% below their levels for the same five months during the record-breaking year of 1998.