FMCSA Formally Exempts Shorthaul, Munitions Drivers from Rest-Breaks Requirement
The Federal Motor Carrier Safety Administration has formally amended its 2011 hours of service rule to exempt shorthaul and munitions drivers from taking a 30-minute rest break after eight hours of driving.
October 29, 2013Consumer Confidence Drops to Six-Month Low; Business Inventories Rise
Consumer confidence declined in October to the lowest level in six months, the New York-based Conference Board said Oct. 29.
October 29, 2013Indiana Gov. Names Panel to Prioritize Transportation Projects
Indiana Gov. Mike Pence (R) has named the members of a state panel to prioritize transportation projects over the coming decade now that projects paid for by the lease of the Indiana Toll Road are nearly completed.
October 29, 2013Dana’s 3Q Profit Rises, Revenue Declines
Component maker Dana Holding Corp. said Oct. 29 that its third-quarter profit rose from a year ago.
October 29, 2013Producer Price Index Declines in September; Retail Sales Dip
Prices paid to U.S. producers dipped 0.1% in September, the Labor Department reported Oct. 29.
October 29, 2013Navistar Issues Recall for Fifth-Wheel Problem
Navistar International Corp. has issued a recall for more than 16,000 tractors to correct a potential problem that could cause a trailer to release unexpectedly from the fifth wheel.
October 29, 2013Goodyear Profit Grows 51%
Goodyear Tire & Rubber Co. said profit rose 51% in the third quarter as each regional operating segment saw improved results.
October 29, 2013Trailer Orders Rise 3.5% in September
September trailer orders rose 3.5% from a year ago to 17,459, marking the strongest monthly total since April, ACT Research reported.
October 28, 2013Allison’s Third-Quarter Income Rises, Revenue Declines
Allison Transmission Holdings said its third-quarter income increased, but revenue declined from a year ago on reductions in U.S. defense spending and lower demand from the North American hydraulic fracturing market.
October 28, 2013Celadon’s 1Q Profit Drops
Celadon Group Inc.’s net income fell 20.5% in its fiscal first quarter, the truckload carrier announced Oct. 28.
October 28, 2013