Navistar International Corp. said it will close its truck manufacturing plant in Garland, Texas, early next year, cutting 900 jobs as a result, to reduce costs.
October 31, 2012Business
FMCSA Lifts HOS Rules for Truckers Working on Sandy-Related Cleanup
The Federal Motor Carrier Safety Administration declared a regional emergency over many eastern states, lifting hours-of-service regulations for trucking and work crews dealing with the massive cleanup following Hurricane Sandy.
October 31, 2012Business
Con-way Reports Lower 3Q Profit
Con-way Inc. said late Wednesday its third-quarter profit declined from a year ago, due to higher healthcare expenses at its less-than-truckload unit.
October 31, 2012Business
Trimac’s 3Q Income Improves
Trimac Transportation Ltd.’s third-quarter earnings rose to C$5 million, or 18 Canadian cents per unit, from C$4.1 million, or 16 cents, a year ago.
October 31, 2012GovernmentBusiness
Maine to Decide on $51.5 Million in Bonds to Help Fund Infrastructure Improvements
Voters in Maine will decide on Nov. 6 whether to approve $51.5 million worth of bonds, with the bulk of the money designated for highway and bridge improvements.
October 31, 2012Business
Dana Reports Lower 3Q Profit
Truck and auto component maker Dana Holding Corp.’s third-quarter profit fell on lower demand, the company said.
October 31, 2012Business
Eaton’s Third-Quarter Income Falls
Eaton Corp.’s third-quarter net income fell to $345 million, or $1.02 per share, from $365 million, or $1.07, a year ago.
October 31, 2012Business
Covenant Transportation Swings to 3Q Profit
Covenant Transportation Group reported third-quarter net income of $1 million, or 7 cents a share, turning around a net loss of $11.2 million, or 76 cents, a year earlier.
October 31, 2012BusinessEquipment
Cummins’ 3Q Income Drops on Lower Engine Demand
Cummins Inc. said its third-quarter profit slipped from a year ago on lower engine demand.
October 31, 2012Business
ATA Names Danny Neal VP of National Sales
American Trucking Associations said Wednesday it has named Danny Neal to be ATA’s new vice president of national sales.
October 31, 2012