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Wal-Mart Tells Truck Makers: Double Class 8 Fuel Efficiency
Click here to write a Letter to the Editor. al-Mart Stores Inc., the world’s largest retailer, an-nounced that within 10 years it would double the fuel efficiency for its fleet of heavy-duty trucks to an average of 13 miles per gallon — a goal it said would eventually reshape trucks around the globe.
October 31, 2005Dubai Firm May Buy London’s P&O Port Company
A London-based global port and logistics firm has received overtures to be bought by a Dubai company for about $5 billion, the Wall Street Journal reported Monday.
October 31, 2005New Qualcomm Unit Leader Stresses Information Management
Click here to write a Letter to the Editor. OSTON — Given the host of challenges facing the trucking industry, it is critical for fleets to manage information the best way possible, the president of Qualcomm’s Wireless Business Solutions Unit said.
October 31, 2005Kentucky Carrier Drops Overweight Truck Suit
Click here to write a Letter to the Editor. Kentucky trucking company has dropped its lawsuit challenging a state law that allows overweight coal trucks on state roads but not trucks carrying other materials, the Associated Press reported.
October 31, 2005Consumer Sentiment Drops, University of Michigan Reports
Click here to write a Letter to the Editor. .S. consumer sentiment fell in October to the lowest level in 13 years, the University of Michigan reported Friday in its monthly consumer sentiment index.
October 28, 2005P.A.M.’s Third-Quarter Income Drops; Revenue Rises
Truckload carrier P.A.M. Transportation Services reported late Thursday that its third-quarter net income dipped to $2.2 million or 20 cents a share, from $3.1 million or 28 cents for the same period last year.
October 28, 2005GDP Rose More-Than-Expected 3.8% in Third Quarter
Click here to write a Letter to the Editor. he U.S. economy grew at an annual rate of 3.8% in the third quarter, an increase from the second quarter’s 3.3%, the Commerce Department said Friday.
October 28, 2005IRS Exempts Dyed Diesel in Florida Following Wilma
Click here to write a Letter to the Editor. he Internal Revenue Service, in response to shortages of clear diesel fuel caused by Hurricane Wilma in Florida, said it will not impose excise tax penalties when dyed diesel fuel is sold for use or used on the highway in that state.
October 28, 2005Arkansas Best's Young, CFI's Brown Step Down as CEOs
Click here to write a Letter to the Editor. rkansas Best Corp. said Thursday Robert Young III will step down as chief executive officer Feb. 1, but remain chairman.
October 28, 2005Vitran CEO Predicts Mergers to Accelerate
Click here to write a Letter to the Editor. MELIA ISLAND, Fla. — The rapid pace of consolidations, mergers and acquisitions in trucking will accelerate in coming years, a top less-than-truckload executive predicted last week.
October 28, 2005