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Daimler Raises North American Truck Sales Estimate

LOUISVILLE, Ky. — Daimler Trucks raised its estimate for 2011 industrywide sales of Class 6-8 trucks in North America to a gain of 30% to 35% over last year, to 286,000 trucks, company executives said.

March 31, 2011

Chicago Manufacturing Index Slips

Manufacturing activity in the Chicago region fell in March but showed continued expansion, the Institute for Supply Chain Management-Chicago said Thursday.

March 31, 2011

February Factory Orders Dip 0.1%

Factory orders dipped 0.1% in February, a month after taking biggest gain in almost four and a half years, the Commerce Department said Thursday.

March 31, 2011

Swift Predicts Lower 1Q Earnings

Swift Transportation Co. said March 29 that its first-quarter earnings will be 5 to 8 cents per share, due to bad weather and high fuel costs at the start of the year.

March 31, 2011

Graves Tells Congressional Panel Trucking Needs Affordable Diesel Fuel

American Trucking Associations President Bill Graves told a House of Representatives panel Thursday that policymakers need to ensure the trucking industry has access to affordable diesel.

March 31, 2011

Jobless Claims Decrease for Week

Initial jobless claims dropped by 6,000 last week, the Labor Department reported Thursday.

March 31, 2011

Intermodal Traffic Rises 5.7% for Week

Intermodal traffic rose 5.7% last week compared with the same week a year ago, the Association of American Railroads reported.

April 1, 2011

Oil Surges to Top $106 a Barrel

Oil jumped to its highest closing price in two-and-a-half years over $106 a barrel, on concern that the Libyan conflict will prolong production cuts, Bloomberg reported.

April 1, 2011

Volvo to Boost Production at Virginia Truck Plant

Volvo Trucks North America said Wednesday it will bring back 700 workers to boost production at its heavy-duty truck plant in Virginia in order to meet increased demand.

March 30, 2011

USA Truck’s Chairman to Retire

Truckload carrier USA Truck said its chairman, Robert Powell, will retire in May and be succeeded by Terry Elliott, who has been a director at the company since 2003.

March 30, 2011