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NAFA's Fleet Excellence Awards Night presented six industry awards to fleet professionals throughout the United States and Canada in the categories of safety, sustainability, and overall outstanding achievement. A seventh award was presented in the category of fleet leadership.
Read More →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.
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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.
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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.
Read More →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.
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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.
Read More →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.
Read More →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.
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The 10.2% year-over-year gain in domestic container volume in the first quarter of 2013 represents the sixth consecutive quarter of 10%-plus increases, and the second highest volume in domestic container history.
Read More →Con-way Inc. reported 2013 first-quarter net income of $14 million, or 25 cents per diluted share. The results compare to first-quarter 2012 net income of $25.6 million, or 46 cents per diluted share.
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