Paccar Increases First Quarter Profit 38%
Paccar Inc. reported first quarter earnings of $378.4 million, a 38% gain from the same time a year ago, while net sales and financial services revenue increased 10% to $4.83 billion.
Paccar Inc. reported first quarter earnings of $378.4 million, a 38% gain from the same time a year ago, while net sales and financial services revenue increased 10% to $4.83 billion.
The U.S. Environmental Protection Agency recognized Penske Truck Leasing and Sonoma County Fleet Operations as two of the seven winners of its Clean Air Excellence Award.
Following some gains in oil prices over the past week, the average cost of on-highway diesel has recorded the first increase in its nationwide average cost in six weeks, according to new U.S. Energy Department figures.
Con-way Truckload is buying 635 new twin-screw tractors equipped with automated manual transmissions -- a move that will more than double the AMTs to nearly half its fleet.
Class 8 truck orders were weak in March, with just over 24,600 units ordered due to a seven-month backlog of unbuilt orders from last year. Medium-duty orders were up thanks to strong truck and bus segments.
The American Trucking Associations is again urging the Department of Transportation to “move forward” with a rulemaking requiring installation of electronic speed-limiting devices on Class 7 and 8 trucks.
The Minnesota Trucking Association and others are suing the state trying to end its 10% biodiesel mandate.
Nominations are open until Friday, June 5 for the all-new Fleet Technology Expo awards recognizing fleets for their sustainability and efficiency initiatives.
Downspeeding isn't a good approach to fuel savings in high GVW applications, so Navistar is offering Canadians a ProStar ES spec designed for 110,000 GVW. It features Eaton's 16-speed UltraShift and engines from Cummins and Navistar optimized for higher weights.
A final rule mandating electronic logging devices will still be published in September, while publication of a proposed rule to mandate speed limiters and one to establish a carrier safety-fitness determination system have been delayed a month.
Consumer prices moved up for the second straight month in March after falling during much of the winter, but remain at their lowest level in years.
Carrier's reefer activities date to 1940, and Transicold brand was formed in 1970, when the company acquired Transicold Co., based in California.
Bipartisan legislation introduced in the U.S. House Thursday would index the current federal gasoline and diesel fuel taxes to inflation, raising $27.5 billion to ensure highway-infrastructure spending is funded for exactly 1.7 years.
Nationwide housing starts rose 2% in March, hitting an annual rate of 926,000 units, but it's not as much as many analysts were hoping.
The American Transportation Research Institute is seeking participation from carriers to update its 2014 Operational Costs of Trucking report.
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