Landstar’s Earnings Improve for 4Q, Year
Truckload carrier Landstar System said Tuesday its fourth-quarter earnings rose to $24.1 million, or 50 cents per share, from $18.6 million, or 37 cents, a year earlier.
February 1, 2011Cummins’ Profit Rises for 4Q, Year
Diesel engine maker Cummins Inc. said Tuesday its fourth-quarter profit rose from a year ago as sales jumped 22% and that 2010 was the strongest year in its history.
February 1, 2011Paccar Reports Higher 4Q Profit
Paccar Inc. said Tuesday its fourth-quarter profit rose and the truck manufacturer said it sees a stronger truck market for 2011.
February 1, 2011U.S. Xpress Celebrates 25 Years of Service
CHATTANOOGA, Tenn. — On Jan. 21, a quarter-century to the day after U.S. Xpress Enterprises hauled its first load of freight, business “stinks,” said Max Fuller, the company’s co-founder and chief executive officer.
February 1, 2011Construction Spending Falls to Decade Low
Construction spending dropped 2.5% in December to the lowest level in a decade, the Commerce Department reported Tuesday.
February 1, 2011UPS’ Fourth-Quarter Income Jumps
UPS Inc. said Tuesday its fourth-quarter and full-year net income rose as it delivered almost 4 billion packages in 2010, and that it expects its 2011 profits to hit an all-time high.
February 1, 2011Diesel Rises for Ninth Week, Gaining 0.8¢ to $3.438 a Gallon
Diesel’s national average rose 0.8 cent to $3.438 a gallon, its ninth straight gain, while gasoline slipped for the first time in nine weeks, the Department of Energy said Monday.
January 31, 2011U.S. Proposes EOBRs for All Interstate Trucks
The Federal Motor Carrier Safety Administration proposed a regulation Monday that would require interstate truck and bus companies to install electronic onboard recorders in vehicles to monitor drivers’ hours of service.
January 31, 2011Technology Improving for Wireless Inspections
WASHINGTON — Federal Motor Carrier Safety Administration officials said they were making progress toward a broader test of wireless inspections as part of a effort to use electronic technologies to improve carrier safety and efficiency.
January 31, 2011State Trucking Assns. Ask Feds for Help with Snow-Removal Issue
Thirty-one state trucking associations have asked the federal government to study safety issues posed by snow and ice accumulation on trucks.
January 31, 2011