Trucking, Natural-Gas Industry Benefit from Congress’ Tax-Credit Legislation
Fleets that purchased new trucks or use natural gas could reap large tax credits thanks to a bill the Senate sent to President Obama.
December 22, 2014Retired Teamsters May Face Pension Cuts Under Rules Included in Spending Law
Pensions for some of the hundreds of thousands of retired Teamsters members who worked for UPS Inc., YRC Worldwide and ABF Freight System could be cut under new rules contained in the federal spending law signed by President Obama last week.
December 22, 2014HOS Restart Change Is Law
The trucking industry’s long-sought suspension of last year’s changes to the hours-of-service restart provision became reality last week as President Obama signed a $1 trillion fiscal 2015 funding bill.
December 22, 2014November Truck Sales Rise 15.1%
U.S. retail heavy-duty truck sales slid in November from their torrid pace of the previous two months, but rose 15.1% over the same month last year, WardsAuto.com reported.
December 22, 2014FedEx Records Higher 2Q Profits, Agrees to Buy Logistics Firm Genco
FedEx Corp. last week said stronger results at every unit boosted its fiscal second-quarter net income 23% to $616 million, while also announcing plans to buy logistics specialist Genco to broaden its product line.
December 22, 2014Navistar Trims Fiscal Loss; Trails Analysts’ Projections
Navistar International Corp. reduced its losses for its fiscal fourth quarter and full year, but the results fell short of analysts’ expectations.
December 22, 2014Trucking Industry Honors Military Veterans; 720,000 Wreaths Delivered to Cemeteries
The trucking industry delivered 283 truckloads of holiday wreaths at more than 1,000 cemeteries Dec. 13 as part of Wreaths Across America, an annual event that honors members of the military.
December 22, 2014Medium-Duty Truck Sales Edge Up in November
Medium-duty truck sales in the United States cooled in November, edging up 0.7% from a year earlier but falling 23.3% from the previous month, WardsAuto.com reported.
December 22, 2014Fatalities From Large-Truck Crashes Up Just Slightly in '13, Says NHTSA Report
U.S. fatalities from crashes involving large trucks increased by 0.5% in 2013, rising to 3,964 from 3,944 people the year before, according to a Dec. 19 report from the National Highway Traffic Safety Administration.
December 19, 2014Volvo’s North American Deliveries Rise 21%
Volvo Group’s North American heavy-duty truck deliveries rose 21% in November from the same month last year, the company reported.
December 19, 2014