Volvo AB held estimates for North American and European truck markets this year as sales growth helped boost its fourth-quarter operating profit 26%, Bloomberg reported.
February 6, 2012Search
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Ryder System Debuts Next-Gen RydeSmart
Ryder System said it has launched RydeSmart 3.0, the next generation of RydeSmart, its onboard telematics system.
February 6, 2012Arsenault Announces New CEO
Transportation software maker Arsenault announced that Jack Boetefuer is the company’s new CEO.
February 6, 2012Clean Energy Signs Deal to Build Natural Gas Station in Texas
Clean Energy Fuels Corp. on Monday said it has signed an agreement with tank truck carrier Green Energy Oilfield Services to build and supply a new liquefied natural gas fueling station in Texas.
February 6, 2012Gasoline Prices Seen Rising Higher by May
Gasoline prices could jump by 60 cents or more by May, USA Today reported Monday, citing fuel analysts.
February 6, 2012Brink’s Posts Lower 4Q Profit
Armored vehicle transportation company Brink’s said its fourth-quarter profit declined from a year ago while its full-year earnings rose.
February 6, 2011Intermodal Volume Rises for Quarter, Year
Intermodal traffic volume rose 4.1% in the fourth quarter, the eighth straight quarter of year-over-year gains, the Intermodal Association of North America said.
February 6, 2012Paccar Recalls Some Kenworth, Peterbilt Trucks Over Brake Issue
Truck maker Paccar Inc. has recalled some 2012-2013 model year Kenworth and Peterbilt trucks equipped with Bendix brake components that may leak, Bloomberg reported, citing a federal regulatory agency.
February 6, 2012Diesel Rises 0.6¢ to $3.856; Gasoline Gains 4.8¢ to $3.482
Diesel rose 0.6 cent to $3.856 a gallon, its fourth increase in the past five weeks, while gasoline continued to climb at a faster rate, the Department of Energy said Monday.
February 7, 2012Faulty Bendix Valves Installed on Around 60,000 New Trucks
A faulty brake valve produced by Bendix Commercial Vehicle Systems has been installed on as many as 60,000 Navistar Inc., Paccar Inc. and Volvo Group heavy-duty vehicles that are now in service.
February 6, 2012