Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit rose 29% from a year ago and that it expects its markets to grow 5% this year.
January 25, 2010Search
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Celadon’s 2Q Income Drops; Revenue Improves
Truckload carrier Celadon Group’s fiscal second-quarter income fell 41% to $1 million, or 5 cents per share, from $1.7 million, or 8 cents, from a year ago.
January 25, 2010December Truck Tonnage Jumps 6.6%
U.S. truck tonnage jumped 6.6% in December from the same month in 2008, the first year-over-year increase in 15 months, American Trucking Associations said.
January 26, 2010Diesel Falls 3.7¢ to $2.833 in Second Straight Decline
Diesel’s national average price fell 3.7 cents to $2.833 a gallon, the biggest single-week decline since July, the Department of Energy said Monday.
January 26, 2010Fleets Expected to Report Better 4th-Qtr. Results
Stronger freight demand in the waning days of 2009 is fueling expectations that publicly traded carriers will report better performance when they begin disclosing fourth-quarter results this week, industry analysts said.
January 25, 2010Trucking Executives Cautious About 2010
LAS VEGAS — Top executives from large trucking, truck-making and component manufacturing firms said they all see signs of a good business climate to come, but predicted 2010 will not be a boom year, and they are moving forward with very conservative business plans.
January 25, 2010Diesel Declines 0.9¢ to $2.87; Gasoline Average Also Drops
The national diesel average declined 0.9 cent to $2.87 last week as pump prices moderated after a sharp spike the prior three weeks, the Department of Energy reported.
January 25, 2010Navistar’s New ProStar Plus Will Be Unveiled in March
MELROSE PARK, Ill. — Navistar Inc. said it will introduce a new version of its top over-the-road tractor this year called the International ProStar Plus, and moved up the launch of its 15-liter engine to October from next year.
January 25, 2010YRC Sets Shareholders’ Vote for Reverse Stock Split
YRC Worldwide Inc. set Feb. 17 as the date for a special shareholder meeting to vote on a reverse stock split that follows the debt-for-equity exchange offer that was completed earlier this month.
January 25, 2010Trucking Says CARB’s Cap-and-Trade Plan Would Result in More Volatile Diesel Prices
Trucking industry officials have filed comments opposing the California Air Resources Board’s plan to initiate a statewide cap-and-trade program to reduce greenhouse gas emissions.
January 25, 2010