Truck maker Volvo AB posted its biggest profit decline in 18 months after stricter emissions rules caused U.S. truck sales to plunge 54%, Bloomberg reported Wednesday.
July 25, 2007Government
Second-Quarter GDP Tops Forecast
The U.S. economy grew at a 3.4% annual rate in the second quarter, the Commerce Department said Friday.
July 27, 2007Business, Government
Universal Truckload’s Income Dips; Revenue Rises
Universal Truckload Services said late Thursday its second-quarter net income fell 12.6% to $4.7 million or 29 cents a share, from $5.4 million or 33 cents a year ago.
July 27, 2007Business, Government
New ºÚÁϳԹÏÍø Sales Plunge 6.6%
New home sales plunged 6.6% in June, the Commerce Department said Thursday.
July 26, 2007Business, Government
Durable Goods Orders Rise 0.5%
Durable goods orders fell 0.5% in June, the Commerce Department said Thursday.
July 26, 2007Business, Government, Equipment
ArvinMeritor to Close Ontario Plant
Heavy-duty components maker ArvinMeritor said Wednesday it would close a truck parts assembly plant in Ontario, Canada, in November.
July 26, 2007Government, Business, Safety, Fuel
Iowa Lifts HOS Rules for Fuel Haulers
July 25, 2007
Government, Business, Safety, Technology, Equipment
Hill Says FMCSA to Begin Pilot Program of Compliance Review System Next Year
WASHINGTON — John Hill, head of the Federal Motor Carrier Safety Administration, said the agency expects to launch a pilot program of its overhauled compliance review and safety rating process during 2008.
July 25, 2007Business, Government
Fed ‘Beige Book’ Gives Trucking Mixed Report
The Federal Reserve gave a generally positive assessment of the U.S. economy, with mixed reports on the health of the trucking industry.
July 25, 2007Government, Business, Safety, Fuel
Volvo’s Second-Quarter Earnings Plunge
Business, Government
Arkansas Best’s 2Q Profit Falls
Arkansas Best Corp. said Wednesday its second-quarter net income fell to $19.6 million or 78 cents a share, from $29 million or $1.13 a year ago.
July 25, 2007