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April 28, 2011 - Industry News

UPS Q1 Earnings Up 24%

UPS announced diluted earnings per share of 88 cents for the first quarter of 2011, a 24 percent improvement over the adjusted 71 cents for the prior-year period

April 28, 2011 - Industry News

Cummins Q1 Sales Up 56% to $3.9 Billion

Cummins reported sharply higher sales and earnings compared to the first quarter of 2010 on continued strength in key international markets, a recovering North American truck market and productivity improvements

April 28, 2011 - Industry News

EZE Trucking Acquires Patterson Motor Freight

EZE Trucking, a specialty trucking and logistics company for the infrastructure market, has acquired Patterson Motor Freight, a trucking company specializing in the oil and gas industry

April 28, 2011 - Industry News

Truckstop, Trucking Companies Hit in Southern Tornadoes

A WTI Transport employee the epicenter of tornado damage in Tuscaloosa, Ala., above, and the tornado as it was touching down, below.

Tornados ravaged parts of the South yesterday, damaging some trucking companies and severely damaging at least one truck stop

April 27, 2011 - Industry News

First Quarter Fleet Results: Earnings Tempered by Weather and Fuel

The first quarter of 2011 saw strong revenue and profit increases for many carriers. However, the good results were tempered by bad weather and the spike in fuel prices. On the whole, fleets expect business to continue increasing through the remainder of 2011

April 27, 2011 - Industry News

HDA Truck Pride Holds First Membership Meeting

HDA Truck Pride's first membership meeting hosted more than 600 attendees representing 123 members and 142 vendors

April 27, 2011 - Industry News

March Durable Goods Orders Up $5 Billion

New orders for manufactured durable goods in March increased $5 billion or 2.5 percent to $208.4 billion, according to the U.S. Census Bureau. This increase, up three consecutive months, followed a 0.7 percent February increase.

Tags: Economy

April 27, 2011 - Industry News

Dana Shows 1Q Loss

Dana Holding Corp. reported adjusted earnings of $181 million in the first quarter of 2011. The company had a net loss of $30 million, which included $53 million of one-time charges for refinancing and restructuring of debt in January

April 27, 2011 - Industry News

FMCSA Advisory Committee to Make Recommendations on Sleep Apnea

A driver for Schneider National, which has been an industry leader in sleep apnea testing, demonstrates the equipment used to treat the condition.

The next step in the federal effort to address sleep apnea in truck drivers will come this summer, when the Federal Motor Carrier Safety Administration will ask a panel of advisers for recommendations on how it should proceed

April 26, 2011 - Industry News

Used Truck Market Shows Price Rises, Higher Miles

The upward price trend of used Class 8 commercial vehicles that began in early 2010 continued into March 2011, according to ACT Research. The reported average sales price increased 6 percent from February levels

April 26, 2011 - Industry News

Carrier Survey Finds Rates Up For Majority

Average freight rates continue to rise, according to the First Quarter Business Expectations Survey by Transport Capital Partners, with larger carriers reporting smaller increases than the smaller companies

April 26, 2011 - Industry News

ATA Tonnage Index Rises 1.7 Percent in March

The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index increased 1.7 percent in March after falling a revised 2.7 percent in February. The latest gain put the seasonally adjusted index at 115.4 in March, the highest level since January of this yea

April 26, 2011 - Industry News

Transplace to Launch Student Program at Shipper Symposium

Transplace announced a university program to launch at the logistics provider's ninth annual Shipper Symposium in Dallas, 10-12

April 26, 2011 - Industry News

Positive Industry Outlook Tempered by Rising Operating Expenses

Nearly three-quarters, 71 percent, of trucking company executives surveyed by GE Capital, Transportation Finance expect business conditions to improve in 2011, but they are concerned about the impact of external and internal factors on their profit margins

April 26, 2011 - Industry News

C.R. England Improves Drug Screening With Hair Tests

C.R. England, Salt Lake City, announced it is going to start using hair samples for pre-employment drug screening

April 25, 2011 - Industry News

On-Highway Diesel and Crude Fall Slightly

National on-highway diesel prices fell last week for the first time in five weeks, according to the Energy Information Administration. The national average decreased by seven-tenths of a cent, with every major region except the Rocky Mountains experiencing a decrease

Tags: Fuel and Oil

April 25, 2011 - Industry News

China Truck Demand Breaks 1 Million Level in 2010

Sales of heavy duty commercial vehicles in China reached 1.015 million units in 2010, a 60 percent increase over 2009 volume

April 25, 2011 - Industry News

FleetPride Opens Regional Distribution Center in Georgia

FleetPride, a national independent aftermarket distributor of heavy-duty truck and trailer parts, opened its new 150,000-square-foot regional distribution center in Lawrenceville, Ga

April 25, 2011 - Industry News

Obama Introduces Oil Speculation Task Force

Last week, President Obama announced the creation of the Financial Fraud Enforcement Task Force, a working group designed to root out illegal speculation oil markets. The announcement came one week after Goldman Sachs estimated that speculation may account for up to one-fifth of oil prices

April 24, 2011 - Industry News

NY Truckers Prevail in DERA Battle

Appellate Division of the New York Supreme Court has ruled unanimously that contractors engaged in state sponsored work are not required to abide by the requirements of that state's Diesel Emissions Reduction Act regulations

April 24, 2011 - Industry News

Pennsylvania Governor Announces Transportation Funding Advisory Commission

Pennsylvania Gov. Tom Corbett created a Transportation Funding Advisory Commission to develop solutions to the state's mounting transportation funding challenges

Tags: Highways

April 24, 2011 - Industry News

Betts Spring Signs Long-Term Agreement with DTNA

Betts Spring has finalized a three-year renewable long-term agreement with Daimler Trucks North America to supply Betts and Life-Time Fenders branded spray suppression products and other proprietary components manufactured to DTNA specifications

April 24, 2011 - Industry News

John Hill Talks About Life at the FMCSA

When John Hill went to Washington to serve on the still-relatively-new Federal Motor Carrier Safety Administration in 2006, he says, "I thought I would have a lot of say in truck safety in this country." But, he now says, he discovered that decisions in Washington are politically driven in most cases

April 24, 2011 - Industry News

Polar Corp. Enhances Manufacturing, Hires 500 Employees

Tank trailer maker Polar Corp. has expanded its production capabilities and added employees to reduce production lead times

April 24, 2011 - Industry News

NTTC Supports Mandatory Electronic Logging Devices

The National Tank Truck Carriers announced that its membership supports mandatory electronic logging devices for documentary compliance with hours of service rules

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