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Volvo Plans Truck Investments in China, India

Volvo AB is planning investments in India and China to bolster its truck business and meet demand from those markets, Bloomberg reported Monday, citing a company executive.

October 24, 2011

Gasoline Rises 5¢ in Two Weeks to $3.47, Lundberg Survey Says

Gasoline’s national average price climbed 5 cents in the past two weeks to an average $3.47 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

October 24, 2011

Caterpillar’s 3Q Profit Tops $1 Billion; Revenue Hits Record

Heavy equipment maker Caterpillar Inc. said Monday its third-quarter profit jumped on higher sales.

October 24, 2011

Landstar’s Third-Quarter Income Rises

Landstar System said Monday its third-quarter net income rose to $30.2 million, or 64 cents a share, from $21.8 million, or 44 cents, a year ago.

October 24, 2011

Diesel Gains 2.4¢ to $3.825 in Second Straight Increase

Diesel’s national average retail price rose for a second straight week, increasing 2.4 cents to $3.825 a gallon, while gasoline dipped after a one-week gain, the Department of Energy said.

October 25, 2011

iTECH: Fleets See Greater Productivity, Profits From Refrigerated Trailer Tracking

When Stevens Transport Inc. went looking for a tracking system for its refrigerated trailers, at the top of its wish list was technology that not only would send a report about problems with the reefer but also would allow the company to take care of the trouble on the fly.

October 25, 2011

ATA Renews President Bill Graves’ Contract for Three Years

American Trucking Associations said it has reached an agreement on a new three-year contract with ATA President Bill Graves.

October 21, 2011

USA Truck Reports 3Q Loss; Management Declines Celadon Bid to Meet

USA Truck reported a third-quarter loss and said its board declined to meet with Celadon Group, which recently bought a small stake in the truckload carrier.

October 21, 2011

Trucker Nabbed Trying to Avoid Tolls in New York Area

A Virginia truck driver who used a device to hide his license plate as he passed through tolls in the New York metropolitan area was arrested, the Associated Press reported.

October 21, 2011

Intermodal Traffic Rises 3% for Week

U.S. intermodal traffic rose 3% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.

October 21, 2011