REDFORD, Mich. — The Daimler Truck Group on Friday unveiled the first fruit of its five-year, $1.5 billion program to develop a single heavy-duty diesel engine to serve its markets around the world.
October 19, 2007Government, Business, Safety
11th Driving Hour to Remain in HOS Rule, Graves Predicts
WASHINGTON — The Federal Motor Carrier Safety Administration is expected to issue a revised hours-of-service rule that would keep two key provisions a federal court struck down but would address the court’s concerns over those provisions, according to ATA President Bill Graves.
October 21, 2007Fuel, Business, Logistics, Government
Crude Oil Nears $90 a Barrel; Diesel Fuel Inches Up to $3.039
The national average retail price of diesel fuel rose 0.4 cent to $3.039 a gallon last week, the Department of Energy reported, and analysts were predicting additional increases as crude oil prices neared an un-precedented $90 a barrel.
October 21, 2007Government, Business, Safety
FMCSA Eases Hay, Straw Tie-Down Rule
The Federal Motor Carrier Safety Administration said last month that bales of hay and straw could be secured by less stringent methods than standard cargo-securing regulations require, because of the nature of those commodities.
October 19, 2007Business
Caterpillar’s 3Q Profit Rises
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday its third-quarter profit jumped 21%, though it cut its full-year earnings outlook.
October 19, 2007Government, Business, Safety
Rush Reports 3Q Earnings Dip
Truck dealership Rush Enterprises said its third-quarter earnings dipped to $13.1 million or 34 cents a share, from $16.4 million or 43 cents for the same quarter last year.
October 19, 2007Business, Technology, Equipment, Safety, Government
iTECH: There’s More to Return on Investment Than a Price Tag
Return on investment is a standard measurement of the dollar value of an information technology system. Small or medium-sized fleets likely focus their financials on cost per truck — “per seat,” in the IT lexicon.
October 19, 2007Business, Safety, Government, Technology, Equipment
Ryder Gets Boeing Transportation Contract
Ryder System said Friday that that aerospace firm Boeing Co. has chosen Ryder to provide global transportation management services.
October 19, 2007Business, Safety, Government, Logistics
China Trucking Panel Set for MCE
Opportunities in trucking and logistics in China’s burgeoning economy will be the subject of a panel discussion at American Trucking Associations’ annual meeting in Orlando, Fla., next week.
October 19, 2007Business, Safety, Government
Covenant Takes Third-Quarter Loss
Covenant Transportation Group reported it lost $3.6 million or 25 cents a share, compared with a net income of $795,000 or 6 cents a year earlier.
October 19, 2007