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Volvo’s January-February Truck Sales Drop 13%
Truck maker Volvo AB said its sales for the first two months of the year fell 13%, as U.S. deliveries plunged following new emissions standards that boosted truck prices, Bloomberg reported Tuesday.
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, 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.
January 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, 2007North American Surface Trade Jumps 8.9% in 2006
Surface trade among the United States, Canada and Mexico jumped 8.9% last year over 2005 levels, the Department of Transportation said Tuesday.
March 14, 2007Letter 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.