Paccar Inc. Tuesday reported its second-quarter profit rose 24% from a year ago, but warned that a slowing economy could crimp truck orders later this year.
July 24, 2012Search
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Knight Transportation’s 2Q Income Rises
Knight Transportation said late Wednesday its second-quarter profit improved from a year ago.
July 25, 2012Fleets Stick to Buying Habits, But Leasing Is Gaining Favor
Truck manufacturers are not seeing significant changes in the buying habits of for-hire fleets, though there are some signs of increased interest in leasing, industry experts said.
July 20, 2012Commercial Vehicle Group Swings to 2Q Profit
Commercial Vehicle Group reported a second-quarter profit compared with a loss last year, the truck and auto components maker said.
July 24, 2012Ryder's 2Q Earnings Rise 14%
Ryder System said its net earnings rose 14% to $46.7 million, or 91 cents per share, up from $40 million, or 77 cents from a year ago.
July 24, 2012Volvo’s Earnings Slip as Truck Sales Rise, Orders Decline
Volvo AB’s second-quarter adjusted earnings slipped 4.1%, as North American truck sales rose but orders fell, Bloomberg reported Tuesday.
July 24, 2012UPS Reports Higher 2Q Profit; Cuts Forecast
UPS Inc. reported a higher second-quarter profit but cut its full-year earnings forecast, citing concern of a slowing global economy.
July 24, 2012HOS Rule Will Add Significant Costs, ATA Says in Court Filing
The hours-of-service rules set to take effect next year for truck drivers will add a significant cost to the trucking industry without providing much of a benefit, American Trucking Associations said Tuesday in a court filing.
July 24, 2012Pa. Turnpike Tolls Increase 10% for Cash Users
The Pennsylvania Turnpike Commission approved a 10% toll increase for drivers paying with cash and a 2% increase for those using the E-ZPass system.
July 23, 2012Congressman Vows to Battle EOBR Mandate as ‘Catastrophic’ Burden on Small Businesses
If an amendment to block funding for an electronic onboard recorder mandate does not make it into law, its main sponsor, Rep. Jeff Landry (R-La.), said he is prepared to do whatever he can to stop the federal government from mandating such devices.
July 23, 2012