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Navistar Reports Strength in Overseas Markets
Truck and engine maker Navistar International Corp. said Tuesday it saw signs of strength in non-traditional and overseas vehicle markets, despite a 6% downturn in Class 6-8 North American truck and bus shipments in its fiscal first quarter.
March 20, 2007US 1 Reports Improved Fourth-Quarter Profit
US 1 Industries’ fourth-quarter income was $1.4 million or 11 cents a share, compared with $600,000 or 5 cents a year earlier.
March 20, 2007Opinion: The Upside of the EOBR Proposal
The Federal Motor Carrier Safety Administration’s recently proposed rule mandating the use of electronic onboard recorders for habitual violators of federal hours-of-service regulations has set in motion an industrywide discussion about the plan’s merits.
March 19, 2007OEMs Ship 281,000 Trailers in ’06
While much of the heavy-duty truck sales hoopla during 2006 focused on truck makers as they set new monthly and yearly sales records, trailer makers were quietly posting their third-best sales year ever, according to new data from ACT Research.
March 19, 2007TCA Leaders Plan Active Role In Shaping Industry Policies
LAS VEGAS — Leaders of the Truckload Carriers Association said they will take a more active role in shaping trucking’s policy in the coming year and emphasize the need to provide drivers a safer work environment and wage stability.
March 19, 2007EGL to Be Sold to CEO, Investor Groups for $1.7 Billion
Transportation firm EGL Inc. said Monday it has signed a definitive merger agreement under which EGL Chairman and Chief Executive Officer James Crane and two investment firms will buy the firm for $38 per share, or about $1.7 billion.
Trucking, Safety Officers’ Group Join Forces Against Coalition Over Criticism of FMCSA
WASHINGTON — Trucking and law enforcement groups said a recent report claiming the Federal Motor Carrier Safety Administration has failed to ensure trucking safety was unproductive and poorly research
March 19, 2007Editorial: A Fuel-Price Gusher
A funny thing happened just as some fleets were discussing reducing their fuel surcharges: Prices went flying again. Since Jan. 26, after five straight weekly increases, the average retail price of diesel is $2.626 a gallon, and climbing.
Intermodal Traffic Continues to Climb, Rising 8.9% for Week
Rail intermodal traffic rose 8.9% last week but carload traffic fell 0.9% as overall volume reached its highest level this year, the Association of American Railroads said Thursday.
March 15, 2007January Transportation Services Index Declines 0.6%
The U.S. Transportation Department’s transportation services index fell 0.6% in January following a one-month increase in December, DOT said Wednesday.
March 14, 2007