
Although its market share is not increasing as rapidly as it had expected, Navistar has made significant progress in cutting its warranty spend and other costs, and as a result posted a positive income number in its fiscal third quarter, despite lower sales than anticipated.
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The North Carolina-based operation also affirmed its previously announced expectations for growth in its LTL revenue per hundredweight.
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The number of posted loads on the spot-freight market outpaced available truckload capacity across all three major equipment types Aug. 24 through Aug. 30 compared to the previous seven days, however, rates generally remained in a holding pattern.
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Instrument Sales and Service is expanding its remanufacturing business into the off highway, heavy-duty truck and fleet markets.
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Celadon Trucking Services has ordered tractors for its new flatbed fleet which it acquired earlier this summer.
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Logistics security services provider FreightWatch International said in the second quarter of 2014, it recorded 185 truck cargo thefts in the U.S., down 4.9% from the same time a year earlier.
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UPDATED -- The average cost of on-highway diesel in the U.S. has fallen for the ninth straight week, hitting $3.814 per gallon, its lowest price since early July of 2012.
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New registrations in the U.S. for Class 3 through Class 8 vehicles for the first half of 2014 totaled 310,718, an increase of 12.3% over the first half of 2013, according to a new report from Polk / IHS.
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Eaton has expanded its Authorized Rebuilder Program to Canada as Pacific Truck in Edmonton, Alberta, becomes the fifth re-builder in the program.
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The Performance Innovation Transport group announced it has received funding to initiate a commercial vehicle engine programming project to reduce fuel consumption and emissions.
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