Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.
April 24, 2007Search
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Midwest Sees Extensive Flooding
Heavy rains from an already deadly storm system caused extensive floods in Missouri as Midwest waterways rose to levels not seen in 14 years, the Associated Press reported Tuesday.
May 8, 2007Tire Makers Raising Prices
At least five major tire manufacturers said they are raising prices on their medium- and heavy-duty truck tires by 3% to 5%, with most citing the rising cost of raw materials as the reason.
April 9, 2007Pacer Lowers ’07 Guidance
Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.
April 5, 2007Strike Continues at Cummins Crosspoint
Negotiations between Teamsters and a distributor for diesel engine maker Cummins Inc. continued Tuesday, two days after workers at a West Virginia facility went on strike, the Associated Press reported.
April 3, 2007Perseverance, Timing Key to Mediation of Accident Claims
NEW ORLEANS — While great trials may provide drama and public fascination, mediation of accident claims — a process that avoids that drama — is daily life for trucking companies and other transportation providers. Those involved with the system said mediation takes special skills and techniques.
Letter to the Editor: Speed Limits, Opening the Border
to write a Letter to the Editor.
There is a lot more traffic and a lot more going on behind the wheel other than turning it, with cellphones, Global Positioning System and onboard computers.
Class 8 Fleet Size Grows 5.2% in 2006 as Carriers Stock Up
The number of heavy-duty trucks in use in the United States increased 5.2% to 3.51 million Class 8 commercial vehicles last year, as fleet owners stocked up on new trucks and kept more old vehicles in service, market research firm R.L. Polk & Co. said.
Cummins Sets Two-for-One Stock Split
Diesel engine maker Cummins Inc. said Thursday that its board declared a two-for-one split of the company’s stock, to be payable on April 9 to shareholders of record as of March 26.
March 8, 2007Security & Safety Briefs — Feb. 22 - Feb. 28
U.S. Delays Border Inspection Fees • Charleston Port Sets New Security System • Oshkosh Wins $878 Million Army Contract • Survey Highlights Traffic Congestion Concern
February 28, 2007