Truckload carrier Landstar System said late Wednesday its third-quarter profit rose to $32.8 million, or 62 cents a share, from $29.3 million, or 54 cents, a year ago.
October 16, 2008Search
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Opinion: The Challenges Facing Trucking
People often ask me how it is that, as a farmer, I stumbled into trucking. I grew up involved in the day-to-day operations of my family’s Indiana farm, but in 1972, I decided it was time to devote my energies to agribusiness.
October 17, 2008Fed Report Cites Sluggish Economic Outlook
Economic activity weakened across all 12 districts of the Federal Reserve from late August through early October, with contacts citing pessimism about the economic outlook, the Fed said Wednesday.
October 15, 2008FMCSA Finalizes Driver Tracking Plan, Aims to Launch Safety Analysis in 2010
NEW ORLEANS — The Federal Motor Carrier Safety Administration is in the final stages of preparing its Driver Information Resource for use by trucking companies, an agency official said here.
October 15, 2008Gainey Corp. Files for Bankruptcy
Michigan-based trucking firm Gainey Corp. and five of its subsidiaries have filed for Chapter 11 bankruptcy protection, the Associated Press reported Wednesday.
October 15, 2008Gas Plunges 35¢ to $3.31, Lundberg Survey Says
The national average price of regular gasoline plunged 35 cents in the two weeks ended Friday, to $3.31 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
October 14, 2008Navistar Unveils New Hybrid Truck
Navistar International Corp. said Tuesday it is unveiling a new hybrid truck, the International DuraStar Hybrid tractor, which it is targeting to general freight haulers and food and beverage distributors.
October 14, 2008YRC Launches Web Portal for Clients
YRC Worldwide said Tuesday it launched a Web site to make it easier for clients to access its North American divisions.
October 14, 2008J.B. Hunt’s Third-Quarter Income Improves
Truckload carrier J.B. Hunt Transport Services said Tuesday its third-quarter net income rose 19% to $60.3 million, or 47 cents a share, from $50.8 million, or 38 cents, a year ago.
October 14, 2008Daimler to Drop Sterling Brand, Close Plants in Ontario, Oregon
Daimler Trucks North America said Tuesday it will discontinue its Sterling Trucks brand in March, eliminate 3,500 jobs and close two North American factories in an effort to streamline operations.
October 14, 2008