Qualcomm’s Trucking Unit Posts Loss
Qualcomm Inc., San Diego, said the unit that includes its in-cab wireless communications devices lost $3 million before taxes in its fiscal first quarter ended Dec. 30.
February 4, 2013New Jersey’s Route 35 Reopens After Storm Damage
The section of New Jersey’s Route 35 along the Jersey Shore that was damaged by Superstorm Sandy has been reopened, the Associated Press reported.
February 4, 2013LaHood to Leave DOT
U.S. Transportation Secretary Ray LaHood, who earned praise for focusing on distracted driving and criticism from trucking for appearing to promote biking and high-speed rail over freight issues, announced last week he was stepping down.
February 4, 2013Editorial: Investing in Infrastructure
It’s nice to hear from the new chairman of the House Transportation and Infrastructure Committee that he recognizes what dire straits the Highway Trust Fund is in and that he’s open to all suggestions as to how to fix it.
February 4, 2013All Options Are ‘on the Table’ for Road Fund, Shuster Says
The new chairman of the House Transportation and Infrastructure Committee said he remains open to any option that can increase the amount of federal funding available for highway projects, including the possibility of raising the federal fuel tax.
February 4, 2013Truck Stops Expanding Purchase Options at Fuel Islands to Speed Driver Transactions
Spurred by the demands of newer diesel engines, changing emissions technology and escalating competition, truck-stop operators say they have begun placing more fuels and other products where drivers can find them fast and buy them with a single swipe of a credit card.
February 4, 2013ATA Asks Delay of HOS Changes Until Court Appeal Is Resolved
American Trucking Associations has asked the federal government to delay implementing changes to the hours-of-service regulations until three months after the group’s pending legal challenge ends.
February 4, 2013Volvo to Invest Some $900 Million in Venture With China’s Dongfeng
Volvo AB has agreed to spend nearly $900 million to form a joint venture with China’s Dongfeng Motor Group Co. to expand Volvo’s presence in that country and become what it said would be the world’s largest maker of heavy-duty trucks.
February 4, 20132012 Is U.S. Trailer Makers’ Best Year Since ’06
U.S. trailer makers took in more orders for new equipment in 2012 than in any other year since 2006, and said they have a strong enough backlog to keep busy through the middle of this year, even as the economy has cooled.
February 4, 2013Paccar’s Earnings Slip in 4th Quarter, But 2012 Profit Rises on Strong Sales
Paccar Inc. said fourth-quarter earnings slipped from a year earlier, but its full-year profit increased on strong sales in North America and the expansion of its global operations.
February 4, 2013