New Index Shows Improvement in Truck Freight During January
Stronger readings in a new monthly freight index based on diesel purchases are adding to mounting evidence that truck freight in January continued the gradual improvement the industry has seen from the year-ago doldrums.
February 22, 2010Hill Gridlock Changes ATA Focus to Regulatory Issues, Graves Says
A year into the Obama administration, American Trucking Associations President Bill Graves said the trucking industry’s challenges are primarily regulatory, rather than legislative, because of the gridlock that has enveloped Congress since last year.
February 22, 2010John Ruan, Iowa Transportation Magnate, Well-Known Philanthropist, Dies at Age 96
John Ruan, who — beginning with one used dump truck — launched a trucking, financial, real estate and philanthropic empire during the Great Depression, died Feb. 13. He was 96.
February 22, 2010Class 8 Sales Gain in January
U.S. Class 8 retail truck sales eked out their first year-over-year gain in 13 months in January, inching up 0.2% compared with January 2009, WardsAuto.com reported.
February 22, 2010Daimler Loses $478 Mln. in 4Q
Daimler AG said Thursday that it lost $478 million (352 million euros) in the fourth quarter and that it plans to cancel its annual dividend, Bloomberg reported.
February 18, 2010MAN Loses 472 Mln. Euros in 4Q
Poor demand from the economic downturn caused German truck maker MAN SE to lose 472 million euros ($645 million) in the fourth quarter, compared with a profit of 177 million euros ($242 million) a year earlier, Bloomberg reported.
February 17, 2010ArvinMeritor Reiterates 2Q Outlook
Truck components maker ArvinMeritor Inc. said Wednesday that its fiscal first quarter earnings and revenues will be flat compared with the first quarter.
February 17, 2010TMC Announces New Leadership, Winners of Silver Spark Plugs
TAMPA, Fla. — Jerry Thrift of Ryder System, Miami, was installed as chairman of the Technology & Maintenance Council of American Trucking Associations during the group’s meeting here Feb. 11.
February 17, 2010SCR Group Expects DEF to Be Available at 2,800 Sites
Diesel exhaust fluid, the additive that most 2010 trucks will need to run, will be available at about 2,800 locations in the United States and Canada by January, ramping up to more than 5,000 by the end of the year, a spokeswoman for the North American SCR Stakeholders Group said.
January 7, 2010TTNews Closed for New Year’s Holiday
Transport Topics Online will be closed Friday and Monday for the New Year’s holiday. Please check back on Tuesday, Jan. 4, for the latest trucking and freight transportation news.
December 30, 2009