Volvo’s October North American Deliveries Decline 8%
Volvo AB said Friday its North American truck deliveries fell 8% in October from a year ago, though year-to-date sales are 23% over the same period last year.
November 16, 2012Hostess Going Out of Business
Hostess Brands, the maker of Twinkies, HoHos and Wonder Bread, said it is going out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers, news services reported Friday.
November 16, 2012Navistar’s First International ProStar With SCR Engine Rolls Off Production Line
Navistar International Corp. said its first International ProStar Plus Class 8 on-highway tractor equipped with a Cummins ISX15 engine and selective catalytic reduction technology rolled off the production line this week at its plant in Escobedo, Mexico.
November 16, 2012Industrial Production Falls 0.4% in October
Industrial production decreased by 0.4% in October, the Federal Reserve said Friday.
November 16, 2012Intermodal Traffic Gains 1.9% for Week
U.S. rail intermodal traffic rose 1.9% last week over the same week a year ago, the Association of American Railroads said.
November 16, 2012Same-Day Couriers See Higher Revenue as Demand From Retail Sector Grows
Companies that provide same-day delivery service are seeing higher revenue, in part because of surging demand from retailers, a survey by the Messenger Courier Association of America found.
November 16, 2012Descartes Systems Acquires Exentra Transport
Logistics software provider Descartes Systems Group said it has acquired U.K. transportation software company Exentra Transport Solutions Ltd. No terms were disclosed.
November 15, 2012Meritor’s 4Q Profit Falls; Plans to Cut 800 Jobs
Truck component maker Meritor Inc. said its fiscal fourth-quarter earnings declined from a year ago and that it will cut its global workforce by about 800 jobs due to weaker U.S. and international markets.
November 15, 2012DOT Freight Transportation Index Rises 0.1%
The Department of Transportation’s freight transportation services index rose 0.1% in September from the same month last year, DOT said Thursday.
November 15, 2012DOT to Co-Sponsor Free Webinar on Truck Parking Shortage
The U.S. Department of Transportation, in partnership with the Trucking Industry Mobility and Technology Coalition, is sponsoring a free webinar Dec. 6 on the shortage of truck parking.
November 15, 2012