trucks News Updates

Business

Truck Stops Applaud Measure to Limit Credit Card Fees

Truck-stop operators and other retail outlets praised an amendment to the Senate’s financial reform package that would limit the fees credit- and debit-card companies charge stores.

May 24, 2010
Business

Class 8 Truck Sales Rise 29.5% in April

Heavy-duty U.S. truck sales grew by 29.5% last month, the fourth straight month of expansion, compared with the weak results of April 2009, WardsAuto.com reported.

May 17, 2010
BusinessGovernment

NTTC Backs Heavier Trucks, End of Federal Rule Freeze

CHICAGO — The National Tank Truck Carriers for the first time has formally endorsed the use of trucks heavier than the current 80,000-pound weight limit.

May 17, 2010
Business

TravelCenters’ 1Q Loss Widens

Truck stop chain TravelCenters of America said Monday it lost $41.2 million, or $2.39 per share, in the first quarter, up from a loss of $18 million, or $1.08, a year ago.

May 10, 2010
Business

Tank Truck Industry Faces Unique Challenges with More Regulations, Expenses, Officials Say

The tank truck industry faces a unique set of challenges that have led to increased regulations, self-imposed safety precautions and higher costs. Industry executives said they are adjusting by embracing new technology, providing additional driver training and re-examining their operations. 

May 10, 2010
Business

Most LTLs Gain Volume in 1Q, Stabilize Revenue, See Growth

Less-than-truckload carriers as a group posted solid volume gains and stabilized their shaky revenue environment in the first months of 2010, experts said.

May 10, 2010
BusinessGovernment

Truck Dealers Seek Tax Credit For Purchases of New Vehicles

KISSIMMEE, Fla. — Truck makers and dealers have called for a 10% investment tax credit to smooth out the buying cycle of the cleaner burning but more expensive trucking equipment. 

May 3, 2010
BusinessLogistics

Universal Truckload’s 1Q Income Improves

Universal Truckload Services’ first-quarter profit rose to $2.1 million, or 13 cents per share, from $100,000, or 1 cent, a year ago.

April 30, 2010
Business

Truck Tonnage Jumps 7.5%

U.S. truck tonnage jumped 7.5% in March from a year ago, the fourth straight year-over-year increase, American Trucking Associations said.

April 28, 2010
Business

Sales, Leasing and Service Business Revives as Recession’s Grip on Industry Loosens

Business got so bad for Jack McDevitt Jr.’s Mack, Volvo and Peterbilt truck dealerships that he shuttered one of his locations last spring and laid off 60 people, including his son. 

April 26, 2010