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UPS Gives Up on TNT Merger, Turns Attention to Other Deals
Flush with a $9 billion stockpile after abandoning their $6.8 billion acquisition of TNT NV last week, UPS Inc. officials said they are evaluating other acquisitions consistent with their long-term growth strategy.
January 21, 2013December Truck Sales Down, But Year Is Strongest Since 2006
U.S. Class 8 truck sales declined for a fourth straight month in December from the previous year, but 2012 still finished as the strongest year since 2006, WardsAuto.com reported.
January 21, 2013Fleet Failures Idle More Trucks in 4Q as Freight Levels Decline
The number of trucks idled because of truck fleet bankruptcies rose 28% in the fourth quarter, driven by weakening used-truck prices, lower freight demand and higher costs, according to a new report.
January 21, 2013Speed, Lack of Seat Belts Cited By U.S. in Truck Fatality Spike
WASHINGTON — One-third of the 635 truck occupants who died in accidents during 2011 were not wearing a seat belt, according to a Federal Motor Carrier Safety Administration analysis released last week.
January 21, 2013High Court to Hear ATA Bid to Overturn L.A. Port Plan
The U.S. Supreme Court has agreed to hear an appeal filed by American Trucking Associations in its 4-year-old bid to block the Port of Los Angeles from imposing several pollution-control requirements on truckers that ATA said are unrelated to improving air quality.
January 21, 2013DOT Updates National Transportation Statistics Data
The Department of Transportation has updated its national transportation statistics web-only reference guide to national transportation data.
January 18, 2013Meritor Wabco Named Supplier for Daimler Trucks North America
Truck component maker Meritor Wabco said it has been selected the exclusive supplier of standard-position, steer-axle service brake chambers for Daimler Trucks North America.
January 18, 2013Dana, American Axle Preview 2012 Revenue
Two trucking industry component suppliers disclosed their preliminary 2012 results this week.
January 18, 2013Consumer Confidence Declines
Consumer confidence fell in January, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
January 18, 2013Michelin Plans Expansion at Nova Scotia Truck Tire Plant
Michelin North America announced a C$73 million expansion to its truck tire plant in Waterville, Nova Scotia.
January 18, 2013