New Detroit Bridge Backers Want Public-Private Partnership Legislation
Backers of a proposed new bridge between Detroit and Windsor, Ontario, are pressing Michigan state legislators to act on measures that could move the project into the design and construction phase as early as this year.
April 20, 2010Paccar’s First-Quarter Earnings Improve
Truck maker Paccar Inc.’s first-quarter profit grew to $68.3 million, or 19 cents a share, from $26.3 million, or 7 cents, a year ago.
April 20, 2010Eaton Reports 1Q Profit, Higher Truck-Segment Sales
Vehicle parts manufacturer Eaton Corp. said Tuesday its first-quarter profit was $155 million, or 91 cents a share, compared with a loss of $50 million, or 30 cents, a year ago, as truck segment sales improved.
April 20, 2010Diesel Increase Slows; Rises Half a Cent to $3.074
Diesel’s price increase slowed following two big gains in the past two weeks, with the national average price rising half a cent to $3.074 a gallon, the Department of Energy reported.
April 20, 2010Werner’s 1Q Income Jumps
Werner Enterprises said its first-quarter profit rose more than 50% to $10.8 million, or 15 cents per share, from $6.9 million, or 10 cents, a year ago.
April 20, 2010Heartland Express’ First-Quarter Income Slips
Truckload carrier Heartland Express said its first-profit slipped to $11.9 million, or 13 cents a share, from $14.1 million, or 15 cents, a year ago.
April 19, 2010Wider EOBR Rule Not Likely to Make Deadline
The Federal Motor Carrier Safety Administration likely will not meet a deadline to issue a more expansive rule requiring fleets to use electronic onboard recorders, according to a new report.
April 19, 2010UPS Program Assesses Green Packaging
UPS Inc. has launched a service it says will evaluate customers’ packaging processes based on environmental standards and give a score from its assessment.
April 19, 2010Leading Economic Indicators Rise
An index of leading economic indicators improved by 1.4% in March by the most in 10 months, the New York-based Conference Board said Monday.
April 19, 2010Volcano Continues to Hamper Air Freight in Europe
The huge ash cloud hanging over Europe from last week’s volcano eruption in Iceland is hampering global air freight and causing a shift in European cargo from planes to trucks, news services reported.
April 19, 2010