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Analysts: Many 07 Trucks to Have 06 Engines
cache of up to 100,000 new Class 8 trucks with 2006 diesel engines will be available next year, even though the federal government and truck makers want buyers to focus on 2007 engines with tougher pollution controls, according to industry analysts and consultants. br clear=all>
October 30, 2006Goodyear to Close Texas Plant, Eliminate 1,100 Jobs
Goodyear Tire & Rubber Co. plans to close a factory in Tyler, Texas, eliminating 1,100 jobs in the process, the Associated Press reported Monday.
October 30, 2006Volvo to Lay Off 600 at Maryland Powertrain Facility
Truck maker Volvo AB said Friday it will lay off about 600 workers at its North American powertrain facility in Hagerstown, Md., during the first half of 2007.
October 27, 2006Volkswagen Seeks Regulatory Approval to Increase MAN Stake
Volkswagen AG on Friday sought regulatory approval to increase its stake in German truck maker MAN AG to more than 25%, Bloomberg reported.
October 27, 2006October Consumer Sentiment Index Rises
The University of Michigan said on Friday its index of consumer sentiment rose to 93.6 in October from 85.4 in September, its highest level since July 2005.
October 27, 2006GDP Growth Slows to 1.6% in Third Quarter
The U.S. economy grew at a 1.6% annual rate in the third quarter, the Commerce Department said Friday.
October 27, 2006September Truck Tonnage Rises 1.7%, ATA Says
American Trucking Associations said Thursday its preliminary September for-hire truck tonnage index rose 1.7%, following a revised 1.9% drop in August, its largest monthly increase since a 2% rise in April.
October 27, 2006ATA Chair-Elect Mac McCormick Killed in Plane Crash
Clarence James Mac McCormick III, chairman and chief executive officer of Bestway Express and chairman-elect of American Trucking Associations, died late Thursday when his small plane crashed near Lawrenceville, Ill.
October 27, 2006Scovel Sworn in as DOT Inspector General
Department of Transportation secretary Mary Peters on Friday swore in Calvin Scovel as DOT's inspector general.
October 27, 2006Swift Reports Increase in Quarterly Earnings
Truckload carrier Swift Transportation Co. Wednesday reported its third-quarter net income rose to $33.5 million or 44 cents a share, up from $12.6 million or 17 cents a year earlier.
October 26, 2006