Scania’s Profit Slips as European Truck Demand Stalls
Swedish truck maker Scania AB reported a first-quarter profit but its net income slipped 29% after it cut jobs to prepare for slowing European demand and raised prices on some models, Bloomberg reported Tuesday.
April 24, 2012Kansas City Southern Posts Higher 1Q Profit
Kansas City Southern on Tuesday reported its first-quarter earnings rose to $75 million, or 68 cents a share, from $64 million, or 58 cents, the previous year.
April 24, 2012Delphi’s First-Quarter Earnings Rise
Vehicle components maker Delphi Automotive PLC said Tuesday its first-quarter profit jumped 18% on higher sales.
April 24, 2012Canadian Railroads Report Higher Earnings
Canada’s two biggest freight railroads reported higher earnings for the first quarter.
April 24, 2012EPA Sets $20 Million for Clean Diesel Grants
The U.S. Environmental Protection Agency on Monday announced $20 million in grant funding for projects aimed at reducing pollution from diesel vehicles.
April 23, 2012New $100 Million Truck Scale Planned on I-80 Near Port of Oakland
California state officials broke ground Friday on a truck weight scales facility on Interstate 80 in Cordelia, Calif., a move that will help trucks leaving the Port of Oakland, the Contra Costa (Calif.) Times reported.
April 23, 2012Eaton’s First-Quarter Profit Rises
Truck and auto components maker Eaton Corp.’s first-quarter profit rose 8% as its truck unit’s sales improved 10%, the company said Monday.
April 23, 2012Gasoline Falls for First Time This Year, Lundberg Survey Says
Gasoline’s pump price fell for the first time this year, dropping more than a nickel to $3.91 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
April 23, 2012iTECH: Technology Helps Fleets Develop New Business
As the U.S. economy continues to progress at a less-than-robust pace and motor carriers looking to improve their bottom line turn to the potentially risky tactic of diversifying their service offerings, experts, tech firms and carrier execs said one way to reduce the risk is to adapt the fleets’ existing technology to the new services.
April 23, 2012UPS Adds Biomethane Trucks
UPS Inc. said it has deployed its first 10 dual-fuel biomethane-diesel vehicles.
April 23, 2012