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Cummins Plans to Invest $100 Million in Brazil

Cummins Inc., the maker of more than one third of North America’s heavy-duty truck engines, plans to invest another $100 million in Brazil during the next four years to meet higher demand in that country, Bloomberg reported.

September 15, 2008

Trucking Companies Face Growing Cash Crunch as Shippers Struggle to Survive Downturn

Astronomic fuel prices are only part of the economic drag on trucking these days. Add the growing length of time on accounts receivables, more customer bankruptcies and the tightening of credit by suppliers and lenders, and it’s easy to see how carriers’ cash flow has ebbed.

September 15, 2008

Editorial: Reducing Highway Fatalities

Trucking-related highway fatalities fell again last year, to their lowest level in 15 years, according to data from the Department of Transportation.

September 10, 2008

Judge Tentatively Denies Injunction in SoCal Port Suit; ATA to Appeal

A federal judge tentatively denied American Trucking Associations’ request for an injunction that would delay the start of concessionaire programs for drayage drivers at the Ports of Los Angeles and Long Beach.

September 9, 2008

Fed ‘Beige Book’ Cites Continuing Economic Sluggishness

U.S. economic activity, including trucking and freight transportation, was sluggish in July and August, according to a Federal Reserve report released Wednesday.

September 3, 2008

Truck Tonnage Increases 4.4% in July

The July truck tonnage report offered mixed signals about the industry and the U.S. economy, as American Trucking Associations’ index rose 4.4% from weak results a year earlier but declined 0.3% from the June totals.

September 1, 2008

Truck Tonnage Gains 4.4% in July

Truck tonnage jumped 4.4% in July from a year earlier, marking the eighth straight year-over-year increase, American Trucking Associations said.

August 28, 2008

China’s Largest Truck Company’s Profit Rises 40%

China’s largest truck maker, Sinotruk, boosted a first-half profit 40% as consumers rushed to buy vehicles before the introduction of a new emissions regulation, Bloomberg reported Thursday.

August 28, 2008

Volvo’s North American Sales Drop 2%

Volvo AB said deliveries by its four truck brands rose 2% worldwide in July, but fell by 2% in North America, Bloomberg reported Wednesday.

August 27, 2008