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News Briefs - July 23
C.H. Robinson Reports Higher 2Q Net Income Ryder's Profit Rises on Freight-Management Gains Covenant Reports Slight Increase in Profits CNF Says It Won't Shut North American Airfreight Unit And more...
July 23, 2003Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Detroit Diesel CEO Reinhardt Sees Higher Sales, Fuel Mileage
DETROIT Demand for heavy-duty truck engines may be strong enough by late this year to cause Detroit Diesel Corp. to increase production in the fourth quarter, the companys new chief executive officer said recently. br clear=all>
July 22, 2003Lingering Engine Worries Cause Class 8 Sales to Fall
Retail sales of heavy-duty trucks dropped 1.8% in June, compared with already weak sales in the corresponding month of 2002, as analysts said fleets continued to refrain from upgrading equipment because of conflicting reports about the performance of new-model engines.
July 22, 2003Average Diesel Price Rises 0.4 Cent to $1.439
The average retail price of diesel fuel in the United States rose 0.4 cent to $1.439, the third straight weekly increase, the U.S. Department of Energy reported Monday. br clear=all.
July 22, 2003News Briefs - July 22
UPS 2Q Profits Increase on Overseas Shipments CNF Earnings Slip in 2Q Wabash Receives Trailer Order From U.S. Xpress Swifts Profits, Revenues Rise And more...
July 22, 2003News Briefs - July 21
Yellow: Freight Shipments Increasing in July ArvinMeritors Fiscal 3Q Profits Slip U.S. Profits Top Forecasts by Most in Three Years Another Storm Moves Toward Gulf of Mexico And more...
July 21, 2003Leading Economic Index Rises 0.1% in June
The index of leading U.S. economic indicators rose 0.1% in June, the third straight increase, the Conference Board reported Monday.
July 21, 2003TT100 Ranks For-Hire Carriers
Over the past two years, trucking executives have faced a daunting array of challenges, from a weak economy undermining the demand for freight hauling, to rising costs for basic necessities such as fuel, insurance and equipment, and nagging uncertainties about the industry in general.
July 21, 2003Caterpillar Engine Fines Climb
WASHINGTON Caterpillar Inc., the nations leading maker of diesel engines for heavy-duty trucks, has put up $87 million to offset Environmental Protection Agency penalties it expects for selling bridge engines that do not comply with new emission rules, EPA officials said last week.
July 21, 2003Technology Briefs - July 15 - July 21
House Cuts Funds for Bushs Hydrogen Vehicle Plan EPA Must Reconsider Calif. Gasoline Waiver Request University of Idaho to Conduct Truck Studies Stonepath Completes Purchase of Customs Services And more...
July 21, 2003