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A three-judge panel Friday granted the Truck Trailer Manufacturer’s Association request to provisionally stay the trailer provisions of the greenhouse gas/fuel economy standards that were slated to go into effect in January.
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The mainly less-than-truckload fleet Old Dominion Freight Line Inc. has reported its profit rose nearly 20% in the third quarter of the year, due in part to a better overall economy and freight rates.
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ORLANDO - In kicking off the Navistar presser here at the ATA Management Conference & Exhibition, Michael Cancelliere, president, Truck and Parts, presented the continuing growth of the economy and the rise in truck orders year over year as the backdrop for the OEM announcing it would increase prices on 2009 model year trucks “by up to 2%.”
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ORLANDO - U.S. Bank announced the launch of a new barometer for assessing the nation’s shipping industry on Sunday during the American Trucking Associations’ Management Conference and Exhibition in Florida.
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After a tough run earlier this decade, Navistar told trucking reporters it is "back in business," touting its new and improved product line, a booming vocational market and a strong economy.
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Trying to narrow down the single, biggest point made at the annual FTR Transportation Conference would be a fool’s errand. The event was content rich, covering everything from the economy and freight to equipment and everything in between. Business Contributing Editor Evan Lockridge found three takeaways.
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Despite the challenges of two hurricanes, on top of the normal trucking challenges of high elevations, heavy loads, and crosswinds, seven drivers over 17 days and 50,000 miles managed to average 10.1 mpg overall in the Run on Less fuel-economy road show that concluded this weekend in Atlanta.
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A first-look at how the manufacturing economy is performing this month shows conditions have improved to a two-month high, while a separate report indicates the overall economy improved again in August as the outlook calls for continued growth through the second half of the year.
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In the early 1990s, it was common to hear economists define a healthy economy as one with gross domestic product growth of around 3% annually.These days, when growth gets close to that “magic number,” it’s greeted with a yawn — and it shouldn’t, says business contributing editor Evan Lockridge.
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"Sometimes growing stronger is also the next thing that leads to the next recession." Dr. Larry Davidson, professor emeritus of business economics and public policy at Indiana University’s Kelley School of Business, talked about "secular stagnation" at the FTR Transportation Conference.
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