Trucks Transported 59% of U.S.-NAFTA Trade in February
Trucks carried 59.1% of the $88.4 billion of freight moved in February 2013 between the United States and its North American Free Trade Agreement partners, Canada and Mexico.
Trucks carried 59.1% of the $88.4 billion of freight moved in February 2013 between the United States and its North American Free Trade Agreement partners, Canada and Mexico.
Cummins Inc. reported first quarter revenues of $3.9 billion decreased 12% from the first quarter of 2012. Revenues in North America declined by 15% and international revenues declined by 10% as the company experienced weaker demand in most major geographies and end markets.
Arkansas-based USA Truck added a driver recruiting website exclusively for military veterans. Called "We Hire Heroes" and located at www.HiringMilitaryDrivers.com, this new site is designed to make the transition to civilian employment easier for military personnel.
Job creation overall in the United States as well as in trucking both posted solid gains in April according to a new report, leading to a surge on Wall Street as well as an increase in the price of oil.
Class 8 truck orders for April are expected to come in between about 23,000 and 23,300, which is higher than last year and marks the fifth month in a row orders have been above 20,000, according to two leading trucking number-crunchers.
Private fleets are currently adding capacity at a faster rate than for-hire fleets, according to the Q2 2013 Fleet Sentiment survey conducted by CK Commercial Vehicle Research. Half of the private fleets participating in the quarterly survey indicated they were adding capacity with the power units they expected to purchase (in the next three months), with an average of more than 40% of those orders designated for that purpose.
Peterbilt honored several dealers during its recent annual dealer meeting, held at the Paccar MX Engine manufacturing facility in Columbus, Miss. The company handed out Medium Duty Dealer of the Year, Parts and Service Dealer of the Year, Paccar MX-13 Engine Dealer of the Year and TRP Dealer of the Year awards.
Paccar Parts celebrates its 40th anniversary on May 1, marking four decades in commercial vehicle parts and service.
To meet the growing demand for maintenance facilities which service new and expanding natural gas fleets, Clean Energy Fuels Corp., announced the creation of a Facilities Modification Services business unit which will offer a range of solutions ranging from basic consulting and design, to turn-key modification projects.
Yokohama Tire Corp. signed an agreement to build a commercial truck tire plant in West Point, Miss. The facility, which is expected to produce one million tires starting in 2015, will have an initial capital investment of $300 million and potential plant expansions could reach up to four times the original employment and investment levels.
Oil and gas companies have joined forces with the trucking industry to promote improved road safety and traffic management in heavily traveled producing areas like the Eagle Ford in south central Texas, the Marcellus region in the Northeast and the Bakken in the upper Midwest.
General Motors plans to bring all-new mid-size pickup trucks to the U.S. market in 2014, according to statements made by GM North America President Mark Reuss at the Dawda Mann Automotive Industry Breakfast at the SAE World Congress in Detroit, as reported by The Detroit News, USA Today, and other media outlets.
A new study from the American Clean Skies Foundation (ACSF) finds that a transition to natural gas-fueled heavy- and light-duty vehicles over the next decade will have a minimal impact on natural gas prices. The report, “Driving on Natural Gas: Fuel Price and Demand Scenarios for Natural Gas Vehicles to 2025,” used three scenarios to calculate potential natural gas demand and price impacts attributable to natural gas vehicles (NGVs).
Ford Motor Co. says it will add more than 2,000 jobs at its Kansas City Assembly Plant to meet surging demand for F-150 pickups and scheduled production of the Euro-style Ford Transit van.
Today, the Florida House passed HB 579 to promote the use of natural gas fuels in Florida. On Tuesday, HB 579 passed the Florida Senate 39-0 and was immediately sent to the Florida House. That chamber took up the bill on Thursday, passing it 116-2.
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