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U.S. Xpress Begins In-Cab Training

Truckload carrier U.S. Xpress Enterprises said it has begun to provide safety and compliance training to drivers using DriverTech in-cab display units and interactive lessons from Instructional Technologies Inc.

April 21, 2008

YRC Interest Payments May Rise to $8 Million

YRC Worldwide Inc., the biggest U.S. trucking company by sales, said annual interest spending will rise by as much as $8 million under amendments to two credit agreements, Bloomberg reported Tuesday.

April 22, 2008

Gas Jumps 16瞽 in Two Weeks, to $3.47, Lundberg Says

Gasoline prices jumped nearly 16 cents in the past two weeks, to $3.47 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

April 21, 2008

Daimler Sets Truck Venture With Indian Firm

Daimler AG and Indias Hero Group will invest about $1.1 billion in the next five years as Daimler seeks to expand in India, the company said.

April 21, 2008

Railroads Showing Strong Growth, Paper Says

Freight railroads are benefitting from high diesel fuel prices, truck driver shortages and a growing green movement, the Washington Post reported Monday.

April 21, 2008

Marten Reports Drop in First-Quarter Income

Refrigerated truckload carrier Marten Transport said its first-quarter net income was $2.7 million, or 12 cents a share, down from $4.6 million, or 21 cents, a year ago.

April 21, 2008

Forward Air Reports Steady 1Q Income

Forward Air Corp.s first-quarter profit was $10 million, or 35 cents a share, compared with $10.3 million, or 34 cents, a year earlier.

April 21, 2008

Covenant Reports $7.8 Million 1Q Loss

Covenant Transportation Group said late Monday it lost $7.8 million, or 56 cents a share, in the first quarter, compared with a loss of $2.1 million, or 15 cents, a year ago.

April 21, 2008

Diesel Continues to Soar, Jumping 8.4瞽 to $4.143

The national average price of diesel fuel continued to shatter records Monday, jumping 8.4 cents to $4.143 a gallon, the Department of Energy said.

April 22, 2008

iTECH: Truck Telematics Ripe for Growth, Market Study Says

The market for commercial vehicle telematics in North America may be poised for a second wave of innovation and growth, according to a market study.

April 16, 2008