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(UPDATED) Most carriers are reporting positive first quarter financial results, and some are setting records with their numbers. P.A.M, UPS, Old Dominion, Ryder, Celadon, Knight, Landstar and Universal Truckload all reported increased revenues for the first quarter of 2012.
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Boosted by booming sales for Daimler Trucks and Mercedes-Benz cars, Daimler reported positive numbers for 1Q 2012 despite higher spending.
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Several New Jersey Congressmen asked the Port Authority of New York and New Jersey to delay a second round of toll hikes scheduled for December until the agency can prove it has its finances in order,
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A new rule from the Federal Motor Carrier Safety Administration makes it tougher for carriers that have been sanctioned to reincarnate themselves under a new identity. The agency last week posted a final rule that changes its procedures in several areas affecting truck lines, intermodal equipment providers, brokers, freight forwards and hazmat proceedings
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Azure Dynamics Corp., the British Columbia-based specialty vehicle builder now struggling through the Canadian equivalent of a managed bankruptcy, says it might not be able to honor warranties it reinstated last week
Read More →Two major carriers, Schneider National and Covenant Transport, have announced large bonuses to help attract teams
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Volvo AB reported record first-quarter sales for 2012, boosted by North American numbers for the strongest numbers recorded in this period despite a 2% drop in profits in the first quarter
Read More →A report released by Florida state investigators Thursday is faulting the Florida Highway Patrol for reopening a foggy stretch of I-75 that was later the scene of of a series of crashes that killed 11 people on Jan. 29
Read More →In an approved settlement for a lawsuit over hot fuel, Costco Wholesale Corp. has agreed to convert gasoline pumps in some states during the next five years to automatically compensate for expansion in fuel due to changing temperatures, reports the Kansas City Business Journal
Read More →March saw Class 8 used-truck pricing slip for the second consecutive month
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