Con-way Reports Net Income is Up
Con-way Inc. reported 2013 second-quarter net income of $42.9 million, or 75 cents per diluted share. The results compare to second-quarter 2012 net income of $41.8 million, or 74 cents per diluted share.
Con-way Inc. reported 2013 second-quarter net income of $42.9 million, or 75 cents per diluted share. The results compare to second-quarter 2012 net income of $41.8 million, or 74 cents per diluted share.
As expected, North American Class 8 net orders were lower in July, with the preliminary count coming in at 17,600 units. Compared to the same month last year, Class 8 net orders were 36% stronger.
The Federal Motor Carrier Safety Administration is officially proposing to drop the requirement that truck drivers file inspection reports even when there are no defects in the truck.
The Bureau of Transportation Statistics of the U.S. Department of Transportation released May North American Free Trade Agreement freight numbers showing that trucks carried 60.8% of the $98.6 billion of freight moved in May 2013 between the United States and its NAFTA partners, Canada and Mexico.
Meritor Inc. announced that it has completed the sale of its 50% ownership interest in Suspensys Sistemas Automotivos Ltda. to its joint venture partner Randon S.A. Implementos e Participacoes.
C.R. England is hosting its first Natural Gas Shipper Symposium, Tuesday, Aug. 6 at Deer Valley Resort in Park City, Utah. The event highlights the current and future uses of natural gas in the trucking industry.
For the third quarter of fiscal year 2013, Meritor posted sales of $993 million, down 11% from the same period last year. This decrease was primarily due to lower sales in North America, the company's military business and China.
DEF truck stop prices have remained stable at $2.79/G in the U.S. since November 2012 and at CAD$ 0.80/L in Canada since October 2011. Twenty-four pumps distributing bulk DEF were added to the network in the United States over the last month.
The Senate rejected an effort to advance a transportation appropriations bill, mirroring the action yesterday by the House. In a 54 – 43 vote, the Senate declined to end debate on the Transportation, Housing and Urban Development appropriations measure.
Logistics provider Apex Freight Services annouced the acquisition of the Colorado-based Timberline Freight Services, a company specializing in full and less-than-truckload transportation of temperature-protected goods.
Lampert attributes Freightliner’s market-leading position with a product lineup that is address customers key concerns: fuel economy and the cost of operation.
U.S. biodiesel production in May 2013 reached a record level of 111 million gallons, according to data released by the U.S. Energy Information Administration on July 30.
The U.S. Energy Department has updated its national eGallon price, which is a way to compare the costs of fueling electric vehicles with the cost of gasoline. The DOE said the price of fueling an electric vehicle rose to $1.18 per eGallon on July 19, up from $1.14 from earlier in the year.
On Tuesday, Vermont's State Treasurer Beth Pearce announced the successful sale of Vermont special obligation transportation infrastructure bonds totalling $10.3 million.
Just as the House was set to consider an amendment that would reverse the recent changes in truck driver hours-of-service rules, leaders pulled the Transportation, Housing and Urban Development appropriations bill from the floor.
Volvo has unveiled its new VNL available in six cab configurations. The company calls the VNL a totally "reimagined" design.
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