Daimler Opens Truck Manufacturing Plant in India
CHENNAI, India — Daimler A.G. officially opened its sprawling truck manufacturing plant here Wednesday to produce vehicles for its newest brand, BharatBenz, as the company looks to gain entry into India’s domestic market, the world’s fastest growing for trucks and buses.
April 18, 2012Trucking Continues as Primary Freight Mode, ATA Report Says
Trucking continues to be the dominant U.S. mode of freight transportation, hauling 67% of freight last year, according to a new American Trucking Associations report.
April 18, 2012Marten’s 1Q Profit Jumps 33%
Marten Transport’s first-quarter profit jumped 33% on higher logistics and truckload revenue.
April 18, 2012Obama Calls on Congress for More Regulation of Oil Markets
President Obama urged Congress to bolster federal supervision of oil markets, including bigger penalties for market manipulation and more power for regulators, Bloomberg reported.
April 18, 2012CSX Reports Gains in 1Q Income, Revenue
CSX Corp. on Tuesday said its first-quarter earnings rose on higher volume, pricing gains and fuel recovery.
April 17, 2012DOT to Undertake Heavy-Truck Study
The Department of Transportation will seek assistance from state agencies in a study of the safety performance of overweight heavy trucks — those that run heavy both with permits and those that run overweight illegally.
April 17, 2012Kansas Repealing Property Tax on Trucking Equipment
Kansas Gov. Sam Brownback signed legislation that as of 2014 repeals the state’s 56-year-old property tax on trucks, tractors and trailers.
April 17, 2012FedEx in Talks to Buy French Shipping Firm
FedEx Corp. said Tuesday that it is in discussions to potentially acquire Tatex, a French express transportation company.
April 17, 2012Heartland Express Reports Higher 1Q Profit
Truckload carrier Heartland Express on Tuesday said its first quarter profit rose to $16.6 million, or 19 cents per share, from $14.9 million, or 16 cents, a year ago.
April 17, 2012Frito-Lay Adding Natural Gas Trucks to Fleet
Frito-Lay on Tuesday said it is adding 67 compressed natural gas trucks to its private fleet, the New York Times reported.
April 17, 2012