Truck production in North America could climb more than 50% next year due to an aging U.S. truck fleet, Bloomberg reported.
November 19, 2010BusinessEquipment
Philadelphia Manufacturing Index Jumps in November
Manufacturing levels in the Philadelphia region rose in November for the second straight month, the Federal Reserve Bank of Philadelphia said Thursday.
November 18, 2010GovernmentBusinessTechnologyEquipment
JBS Carriers Ordered to Install EOBRs on All Trucks as Part of FMCSA Deal
The Federal Motor Carrier Safety Administration said it has ordered JBS Carriers of Greeley, Colo., to install electronic onboard recorders on its roughly 700-truck fleet.
November 15, 2010BusinessEquipment
Arrow Trucking Employees to Get $2 Million in Back Pay
About 572 former employees of bankrupt flatbed carrier Arrow Trucking Co. will receive $2 million in back wages and benefits, the Tulsa World newspaper reported, citing court documents.
November 11, 2010GovernmentBusinessTechnologyEquipment
FMCSA Orders Colorado Fleet to Install EOBRs
The Federal Motor Carrier Safety Administration has ordered a Colorado carrier to install electronic onboard recorders on its fleet by March, after deeming the trucking company in violation of federal hours of service rules.
November 9, 2010BusinessEquipment
Manufacturers Raise Truck Tire Prices
North American truck tire manufacturers have imposed a new round of price increases, generally about 8%, citing higher raw material costs that coincided with greater tire sales and some reports of tire shortages.
November 8, 2010BusinessEquipment
Accuride Reports Third-Quarter Profit
Commercial vehicle component manufacturer Accuride Corp. Thursday said it posted a third-quarter profit compared with a loss a year ago, as net sales jumped 42%.
November 4, 2010BusinessEquipment
ISM Services Index Grows in October
The U.S. economy’s service sector expanded at a faster pace in October, the Institute for Supply Management said Wednesday.
November 3, 2010BusinessEquipment
Tire Makers Cite Higher Costs; Set Price Increases
Bridgestone Americas Tire Operations said it was boosting tire prices 8% due to higher energy and raw materials costs, and other tire makers also cited rising costs in their recent earnings statements.
November 2, 2010BusinessEquipment
Wabco Reports Higher Profit in 3Q
Wabco Holdings said it earned a profit of $44 million, or 66 cents a share in the third quarter, compared with a loss of $33.8 million, or 52 cents, a year ago.
November 1, 2010