Paccar, Daimler Report Lower Earnings and Revenue
Overall business and profits declined in the first quarter of the year for the parent companies of several truck makers.
Overall business and profits declined in the first quarter of the year for the parent companies of several truck makers.
The government’s first look at shipments and new orders for manufactured durable goods in the U.S. during March shows mixed performance.T he U.S. Commerce Department reports shipments increased in March from the month before by 0.4% to $230 billion. This is the highest level on record, going back to 1992.
Data collected by the Montana Department of Transportation using the 360SmartView truck safety screening system show significant results from focusing limited enforcement resources on trucks that are out of compliance with safety and credential requirements.
Traffic congestion on U.S. roadways is back after two consecutive years of declines, with traffic congestion up 4% in the first quarter compared to 2012, according to traffic information provider Inrix in its sixth Traffic Scorecard Annual Report.
The Teamsters union has approved the network optimization plan YRC Freight submitted in March. The plan will close 29 terminals, forcing the company to change how freight moves through its network of more than 260 other terminals.
Rates on one of the nation’s biggest spot freight markets took an across-the-board decline last week while load volume barely edged higher.
The Federal Motor Carrier Safety Administration has published a notice in the Federal Register seeking comments on allowing another Mexico-based carrier in the long haul cross-border pilot program.
A trucking leader’s call for police to put more emphasis on traffic enforcement rather than roadside inspections yielded a polite “thank you” from the enforcement community – and disagreement with some of his message.
Reyco Granning announced that The Universal Group headquartered in Pennsauken, N.J., has become its newest authorized aftermarket distributor.
The DOT’s Pipeline and Hazardous Materials Safety Administration announced that increased maximum civil penalties are now in effect for violations of federal hazardous materials transportation regulations that lead to death, serious injuries or extensive property damage.
The Truckload Carriers Association announced that it is adding another professional truck driver to its roster of Highway Angels. Calvin White of St. Pauls, N.C., who drives for G&P Trucking Co., of Gaston, S.C., is being recognized for his efforts to assist at an accident and for rescuing a young boy.
ASF Intermodal announced the opening of the company’s newest intermodal drayage facility and first location in Virginia. ASF Intermodal’s new Norfolk terminal is located at 828 Seaboard Ave in Chesapeake, Va., and will provide drayage service in and out of the port and rail facilities in the Norfolk area.
A trucking industry leader is calling on police to put more emphasis on traffic enforcement, even if it means taking resources away from roadside inspections. According to Federal Motor Carrier Safety Administration data, traffic enforcement has been falling in relation to other types of enforcement.
Sales of new homes in the United States continue getting better, while sales of existing ones have dipped just slightly.
The latest group to endorse higher truck weights has no direct connection with the trucking industry, but rather is a self-described as an “independent non-partisan advocate for overburdened tax payers.”
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