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April 27, 2012 - Industry News

More Fleets Report Positive 1Q Financials

(UPDATED) Most carriers are reporting positive first quarter financial results, and some are setting records with their numbers. P.A.M, UPS, Old Dominion, Ryder, Celadon, Knight, Landstar and Universal Truckload all reported increased revenues for the first quarter of 2012.

April 27, 2012 - Industry News

Truck Sales Help Daimler Post Profit for First Quarter

The Daimler Trucks division, which includes the Mercedes-Benz, Freightliner, Western Star and Fuso brands, posted a 21% jump in sales in the quarter.

Boosted by booming sales for Daimler Trucks and Mercedes-Benz cars, Daimler reported positive numbers for 1Q 2012 despite higher spending.

April 27, 2012 - Industry News

New Jersey Congressmen Call for Suspension in Toll Hikes

Tolls are going up on New York-New Jersey crossings like the George Washington Bridge.

Several New Jersey Congressmen asked the Port Authority of New York and New Jersey to delay a second round of toll hikes scheduled for December until the agency can prove it has its finances in order,

April 27, 2012 - Industry News

FMCSA Cracks Down on Reincarnated Carriers

A new rule from the Federal Motor Carrier Safety Administration makes it tougher for carriers that have been sanctioned to reincarnate themselves under a new identity. The agency last week posted a final rule that changes its procedures in several areas affecting truck lines, intermodal equipment providers, brokers, freight forwards and hazmat proceedings

April 26, 2012 - Industry News

Azure Dynamics Hedges on Warranties, Shrinks Board Size, Finds Support Funding

Azure Dynamics Corp., the British Columbia-based specialty vehicle builder now struggling through the Canadian equivalent of a managed bankruptcy, says it might not be able to honor warranties it reinstated last week

April 26, 2012 - Industry News

Schneider National, Covenant Offer Team Bonuses

Two major carriers, Schneider National and Covenant Transport, have announced large bonuses to help attract teams

April 26, 2012 - Industry News

Volvo Reports Record 1Q Sales Thanks to North America

In North America, Volvo delivered 12,800 heavy duty trucks in the first quarter, on received orders of 13,800

Volvo AB reported record first-quarter sales for 2012, boosted by North American numbers for the strongest numbers recorded in this period despite a 2% drop in profits in the first quarter

April 26, 2012 - Industry News

Report: Florida Troopers Erred Before Jan. Crashes

A report released by Florida state investigators Thursday is faulting the Florida Highway Patrol for reopening a foggy stretch of I-75 that was later the scene of of a series of crashes that killed 11 people on Jan. 29

April 26, 2012 - Industry News

Costco "Hot Fuel" Settlement Approved

In an approved settlement for a lawsuit over hot fuel, Costco Wholesale Corp. has agreed to convert gasoline pumps in some states during the next five years to automatically compensate for expansion in fuel due to changing temperatures, reports the Kansas City Business Journal

Tags: Fuel and Oil

April 26, 2012 - Industry News

Pricing for Used Class 8 Slips Again in March

March saw Class 8 used-truck pricing slip for the second consecutive month

Tags: Economy

April 26, 2012 - Industry News

Highway Bill Conferees Face Tough Funding Issues but Share Some Common Ground on Policy

The House and Senate have chosen their conferees for negotiations on the highway bill. They have until June 30 to work out a deal or pass another extension. The conferees' toughest challenge will be to agree on the duration and funding of the bill, but their portfolio includes numerous important policy issues, including truck safety and program reforms at the Department of Transportation

April 26, 2012 - Industry News

More Fleets Report Positive 1Q Financials

Most carriers are reporting positive first quarter financial results, and some are setting records with their numbers. P.A.M, UPS, Old Dominion, Ryder, Celadon, Knight, Landstar and Universal Truckload all reported increased revenues for the first quarter of 2012. Covenant Transport reported some decreases, but its numbers were an improvement over 1Q 2011.

April 26, 2012 - Industry News

Truckstop Says "Name That Burger"

TravelCenters of America and Petro have come up with a couple of burger creations and want drivers to help name them

April 25, 2012 - Industry News

ATA, OOIDA Square Off on EOBR Debate

In advance of the upcoming conference committee meetings on the surface transportation bill, the American Trucking Associations and the Owner-Operator Independent Drivers Association are urging passage or rejection (respectively) of the Senate's EOBR requirement

April 25, 2012 - Industry News

Transcraft to Expand Operations, Add Jobs in Kentucky

Transcraft, a subsidiary of Wabash National Corp. and producer of platform trailers, is expanding its Trigg County operations in Cadiz, Ky

April 25, 2012 - Industry News

Dana Reports Fourth Consecutive Quarter of Positive Net Income.

Dana Holding Corp. announced strong results for the first quarter of 2012 with a fourth straight quarter of positive net income. The company's net income for the quarter was $70 million, compared to a net loss of $30 million for the same period in 2011

April 25, 2012 - Industry News

March Net Orders Signal Healthy Trailer Industry

Net orders for trailers fell 11% month-over-month in March, but for the quarter, were almost identical to orders in the first quarter of 2011, according to State of the Industry: U.S. Trailers published by ACT Research Co

Tags: Economy

April 25, 2012 - Industry News

Accuride On Track for 2012, Company Says

Accuride Corp. says its on track for 2012 after releasing first quarter financial results

April 25, 2012 - Industry News

"California-Only" Diesel Will Come at High Cost for State, Study Says

A new study found that by 2020, CARB's Low Carbon Fuel Standard, in combination with the AB 32 Cap-and-Trade Program, could increase the price of diesel fuel by $2.22 per gallon.

Significant job losses will be directly attributable to California Air Resources Board's fuel policies, says a new study by the California Trucking Association. Goods movement and agriculture sectors will be especially hard hit if the policies are allowed to go into effect as currently designed

Tags: Fuel and Oil

April 24, 2012 - Industry News

Transport Experts Say Public Must Push Congress to Act on Highways

Congress can't do its job on the highway bill, so the public is going to have to take the lead, says a group of infrastructure experts including five former secretaries of transportation. The federal highway program is now running on its ninth temporary extension because Congress will not compromise on how to pay for it, said the 60 experts brought together by the University Virginia's Miller Center

April 24, 2012 - Industry News

Record Parts and Service Help Drive Strong 1Q Results for Rush

Megadealer Rush Enterprises announced that for the first quarter of 2012, the company's net income was $15.9 million, or 40 cents per diluted share, compared with net income of $7.3 million

April 24, 2012 - Industry News

Canadian Agency Says Fleets Could Save With Natural Gas

Despite the higher upfront costs for engines that run natural gas, The Conference Board of Canada says that converting fleets to natural gas could produce savings of approximately $150,000 per truck over a 10-year period

Tags: Fuel and Oil

April 24, 2012 - Industry News

FMCSA Seeks Carriers for Safety Research

The Federal Motor Carrier Safety Administration is conducting research to determine whether onboard monitoring systems will improve driver safety performance and reduce risky driving behavior. The agency is hosting a webinar on May 9 to discuss the details of the study for carriers that would like to participate

Tags: Events

April 24, 2012 - Industry News

New FedEx Freight Service Center Opens in Alberta

FedEx Freight Canada has opened its new Alberta service center

April 24, 2012 - Industry News

Edmonton Kenworth Named Kenworth Dealer of The Year

From left are Gary Moore, Kenworth general manager and Paccar vice president; Edmonton Kenworth executives Collin Ferguson and Gary M. King; and Preston Feight, Kenworth assistant general manager - marketing and sales.

Edmonton Kenworth received the 2011 Kenworth Dealer of the Year Award for the U.S. and Canada at the annual Kenworth dealer meeting in Columbus, Ohio

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