Eaton’s 4Q Earnings Rise; Truck Segment Declines
Heavy-duty vehicle parts manufacturer Eaton Corp. said Tuesday its fourth-quarter net earnings rose 8%, and the company boosted its dividend too.
January 22, 2008Panel Urges Infrastructure Overhaul
WASHINGTON — In a controversial report calling for huge new spending on the national transportation system, a congressional commission last week made several recommendations that would affect trucking, including new flexibility in the federal driver hours-of-service rule in congestion-prone areas.
January 21, 2008EPA Completes Draft ‘Greenhouse’ Regs
The Environmental Protection Agency has completed its draft of new regulations to reduce greenhouse-gas emissions from cars and trucks, Bloomberg reported.
January 16, 2008Slagle to Succeed Vikner as Mack’s CEO
Mack Trucks said Tuesday that Dennis Slagle will succeed Paul Vikner as the company’s chief executive officer, effective April 1.
January 15, 2008ATA Talks with Chinese Trucking Delegation
American Trucking Associations welcomed a delegation of Chinese trucking officials to its headquarters in Arlington, Va., Monday, where the two talked about international trucking issues in the two countries.
January 15, 2008Buying Geologic Enables Xata to Sell to For-Hire Carriers
Xata Corp.’s acquisition of fellow fleet technology provider GeoLogic Solutions gives the company its first real foothold for marketing information technology systems to for-hire trucking fleets, an executive with the Eden Prairie, Minn., firm said.
January 14, 2008Panel to Back Fuel Tax Hike
The commission charged with examining the future of the national transportation system is set to recommend a significant increase in federal fuel taxes to Congress, according to wire service reports and other sources.
January 14, 2008Daimler Truck Group Launches Clean Truck Initiative
Daimler Truck Group, the commercial vehicle arm of Germany’s Daimler AG, on Monday announced a new clean commercial vehicles initiative, under which the company will manufacture more hybrid electric trucks and test the effectiveness of biofuels.
November 13, 2007GAO Faults FMCSA on Trucking Fines
Trucking regulators do not always use the maximum fines on trucking companies found with serious safety violations, according to the Government Accountability Office, Bloomberg reported.
September 17, 2007Oil Closes Above $80 for First Time
Crude oil futures rose to a third record in three days Thursday, closing the trading day at more than $80 a barrel for the first time ever, Bloomberg reported.
September 13, 2007