January Tonnage Gains 3.6%, Reports Show Economy’s Growth
Truck tonnage rose 3.6% in January, extending a string of year-over-year growth into a fourth year and buoying optimism that steady improvement in the consumer and manufacturing sectors will continue to lift the freight industry.
March 5, 2012Cummins Engine Market Share Rises in 2011
North American truck makers installed 99,504 Cummins Inc. engines into new 2011 Class 8 trucks, slightly increasing the independent engine maker’s leading market share to 39.1% from 38.5% in 2010, WardsAuto.com reported.
March 5, 2012TransForce Reports Higher 4Q Earnings
TransForce Inc.’s fourth-quarter net income rose to C$41.7 million, or 41 cents a share, from C$34.8 million, or 36 cents, a year earlier, the Montreal-based trucking and logistics company said Wednesday.
February 29, 2012Quality Swings to Fourth-Quarter Profit
Tank truck carrier Quality Distribution reported a fourth-quarter profit, turning around a loss in the same quarter a year ago.
February 29, 2012Visteon Posts Fourth-Quarter Loss
Truck and automobile parts maker Visteon Corp. reported a fourth-quarter loss of $26 million, or 51 cents a share, compared with a profit a year ago.
February 28, 20122011 Class 8 Fleet Declines Despite Jump in Registrations
The total U.S. Class 8 fleet dropped 2.1% in the 4th quarter of 2011 compared with the last quarter of 2010, as fleets continued to squeeze out their oldest trucks to bring freight capacity more into alignment with available loads, according to R.L. Polk & Co.
February 27, 2012TMC Leader Lee Long Aims to Broaden Appeal of Truck Technical Careers to Younger Students
TAMPA, Fla. — Lee Long, the maintenance director of Southeastern Freight Lines and new chairman of American Trucking Associations’ Technology & Maintenance Council, said his biggest interest is drawing more people into work as heavy-duty technicians.
February 27, 2012Industry Leaders, Family, Friends Pay Tribute to Don Schneider During Memorial Service
Trucking industry leaders, company associates and family members paid tribute to Don Schneider, the former president and CEO of Schneider National Inc., in a memorial service attended by an estimated 700 people at St. Norbert College in De Pere, Wis., on Feb. 15. Schneider died in January after a long battle with Alzheimer’s disease.
February 27, 2012Carriers Offer Drivers Pay Raises, Guarantees
Five companies in various trucking sectors recently announced diverse steps to increase driver compensation, as carriers tackle the growing need to keep and attract drivers in a strengthening freight environment.
February 20, 2012Class 6-7 Vehicles Help For-Hire Fleets Diversify, Save, Squeeze Into Metro Areas
Class 8 tractors have long been the standard for U.S. for-hire carriers, yet for certain service lines, even the most venerable of heavy-duty fleets are now buying Class 6 and 7 trucks and sometimes even smaller cargo vans.
February 20, 2012