Volvo AB’s North American truck deliveries rose 39% in April from a year ago, the company said Wednesday.
May 16, 2012Business
Industrial Production Rises More Than Forecast
Industrial production rose 1.1% in April, led by automobile manufacturing and utility output, the Federal Reserve said Wednesday.
May 16, 2012Business
Housing Starts Improve in April
Housing starts rose 2.6% in April, the Commerce Department said Tuesday.
May 16, 2012BusinessLogistics
XPO Logistics Moves HQ to Connecticut
XPO Logistics Inc. said Tuesday it moved its corporate headquarters to Greenwich, Conn., from Buchanan, Mich.
May 16, 2012BusinessSafetyAutonomous
FMCSA Five-Year Plan May Target Shippers, Brokers
Over the next five years, the Federal Motor Carrier Safety Administration plans to significantly reduce truck-related crash fatality rates by developing new credentialing and driver safety fitness standards, expanding its regulatory reach to include shippers and other industry players and creating new programs aimed at weeding out high-risk motor carriers.
May 15, 2012Business
Oilfield Truckers Have Higher Fatality Rates, N.Y. Times Reports
Truckers who work for oilfield and natural gas companies have higher rates of accidents and fatalities than the trucking industry, due to longer hours and hours-of-service rule exemptions, the New York Times reported Tuesday.
May 15, 2012GovernmentBusinessSafetyAutonomous
Mass. Bans Daytime Hazmat Trips Through Boston
Trucks carrying hazardous materials will be banned from traveling through Boston during most of the daytime under a policy approved by Massachusetts state officials last week, the Boston Globe reported.
May 15, 2012BusinessFuel
Diesel Drops 5.3¢ to Near $4 a Gallon, in Biggest Decline This Year
Diesel took its biggest decline in five months, falling 5.3 cents to $4.004 a gallon, and gasoline fell for a sixth week, the Department of Energy reported.
May 15, 2012Business
Contrans’ 1Q Income Improves
Canadian carrier Contrans Group’s first-quarter profit rose, in part on acquisitions, the company said.
May 15, 2012Business
Clarke Swings to 1Q Profit
Canadian holding company Clarke Inc. posted a first-quarter profit, turning around a loss from a year ago.
May 15, 2012