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Mitsubishi Fuso Truck of America has promoted Scott Coyle to director, service operations, for its medium-duty truck business. He will replace Bill Mohr, who is retiring after 25 years with MFTA.
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INDIANAPOLIS -- As we continue to see mixed signals from the short-term economy, many are suffering from "stable environment anxiety," said Eric Starks, president of FTR Transportation Intelligence, in a commercial vehicle market update during FTR's Transportation Conference this week in Indianapolis.
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Rhode Island-based Howes Lubricator Products has purchased U.S. Lube of New Brunswick, N.J.
Read More →The Intermodal Association of North America, The National Industrial Transportation League, and the Transportation Intermediaries Association announced a slate of four key educational sessions to be held during three industry co-located events - IANA’s Intermodal Expo, NITL’s TransComp Exhibition, and TIA’s Fall Meeting.
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The trucking industry and law enforcement raised more than $90,000 when 136 trucks participated in the 9th Annual World’s Largest Truck Convoy for Special Olympics Wisconsin presented by Quad/Graphics on Saturday, Sept. 21.
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Mack Trucks Inc. announced that Stephen Roy has been named president of North American Sales & Marketing, effective Jan. 1, 2014. Roy has led the company’s aftermarket business since 2008, and will succeed Kevin Flaherty, who is retiring after more than 40 years with the company.
Read More →Overall freight revenue will grow by 63.6% to $1.3 trillion annually in 2024 and trucking will see its share of those revenues rise to 81% from 80.7% in 2012.
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“I think it’s pretty astounding this economy continues to grow when you think about the shocks it’s taken," said Bob Costello, chief economist & vice president, American Trucking Associations, speaking at TMW Systems’ Transforum user conference in Anaheim, Calif., Tuesday.
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The third-quarter Transport Capital Partners survey reveals more carriers expecting to see volumes and rates grow over the coming months. In this quarter’s survey, more carriers are expressing optimism for increases in volumes and rates. Slow, steady growth in the economy has led the freight market into positive territory. And carriers are sharing their expectations for improved results.
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ANAHEIM -- The trucking industry is looking at a severe capacity crunch in coming years with a variety of factors contributing to the situation, according to Bob Costello, chief economist of the American Trucking Associations.
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