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Net orders for trailers are up 45% for the first half of the year, despite June net orders dropping slightly from May, reports ACT Research. June orders of 22,000 were off 1% month over month, but up 42% year over year, led by a surge in liquid and bulk tank trailer orders.
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Tennessee-based Covenant Transportation Group said net income totaled $3.8 million, or 25 cents per share, compared with net income of $1.9 million, or 13 cents per share in the second quarter of 2013.
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A group fostering young aftermarket leaders gets major support from Vipar Heavy Duty.
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The Fontaine Fifth Wheel Group has expanded to include Fontaine Coupling Solutions, a new company dedicated to the terminal tractor (yard truck) market.
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Tire manufacturing company hopes restructuring provides better customer service.
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Net income hit $19.8 million, or 49 cents per diluted share, compared to $5.6 million, or 14 cents per diluted share from the same time a year ago.
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Another lawsuit has been brought against the truck and engine manufacturer Navistar over earlier model engines using exhaust gas recirculation technology, following other litigation that was filed earlier this month.
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Trucking company and logistics provider Knight Transportation has reported a second quarter profit showing a 36% increase from the same time a year ago.
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Six members of the Owner-Operator Independent Drivers Association filed a class-action suit against the Federal Motor Carrier Safety Administration last week under the Federal Privacy Act charging that the agency is unlawfully disseminating reports of driver safety records to potential employers.
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The Pennsylvania Turnpike Commission on Wednesday placed a 70 mph speed limit on a 100-mile stretch of toll road in the south-central part of the state, up from 65 mph.
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