Truckload Profits Rise Sharply as Rate Increases Accelerate
Third-quarter earnings rose sharply at four publicly traded truckload companies, as they were able to accelerate the pace of rate increases in a steady freight market.
October 25, 2010ATA Seeks Financial Support for Capitol Hill Office
PHOENIX — To pay down some of the debt incurred to build its new Capitol Hill office complex, American Trucking Associations is offering members the chance to purchase commemorative pavers on the building’s rooftop patio.
Class 8 Truck Orders Jump 37% in September, ACT Says
September orders of Class 8 trucks totaled 15,231 — up 37% from a year ago, according to a report by ACT Research Co.
October 22, 2010USA Truck Returns to Profit in 3Q
USA Truck Thursday reported a $600,000 profit in the third quarter, compared with a $1.6 million loss a year ago.
October 22, 2010ATA Taps Former Staffer Phillips to Be Federation’s Top Lobbyist
American Trucking Associations said it has hired Mary Phillips as its new senior vice president of legislative affairs.
October 17, 2010Class 8 Truck Sales Rise 21%
A strong surge by Freightliner Trucks helped lead heavy-duty U.S. retail truck sales to a 21% increase in September, the ninth straight month of improved Class 8 sales from last year, WardsAuto.com reported.
October 17, 2010Integrated Freight Buys Wichita Truckload Carrier
Integrated Freight has acquired refrigerated truckload carrier Bruenger Trucking Co. for $11 million, the companies said.
October 14, 2010Used Truck Sales Rise as Dealers Buy Aggressively
Used-truck dealers, facing a dearth of late-model, low-mileage vehicles after large fleets drained the market earlier this year, shopped aggressively in August, pushing sales up 55% from year-ago levels, according to industry sources.
October 11, 2010LTL Sector Outlook Brightens as Rate Hikes Stick, Experts Say
Following recent rate increase announcements by three major less-than-truckload carriers, industry experts said the LTL sector has turned the corner toward profitability, with shipment volumes, tonnage and rates all improving, but not yet soaring.
October 11, 2010OEMs Celebrate ‘Survival,’ Say Business Is Improving
HANOVER, Germany — The magic word at last week’s opening of the world’s biggest truck show seemed to be “survival,” as various manufacturers congratulated themselves and their remaining competitors for having survived the worst economic times since the end of World War II.
September 27, 2010