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Trucking Technology Report - April 25

Sony Earmarks $500 Million for Ericsson Deal; Wireless Leaders Caucus on New Initiative; New Wideband Chips Seen By Year's End; ; and more...

April 25, 2001

Wabash Reports Big 1Q Loss

Trailer maker Wabash National reported an adjusted loss of $10.4 million, or 45 cents per share for the first quarter, compared with a gain of $9.1 million, or 38 cents a share, for the same quarter of 2000.

April 24, 2001

U.S. Consumer Confidence Falls Again

The Conference Board reported Tuesday that its consumer confidence index fell sharply this month, in another bad sign for future freight activity.

April 24, 2001

Executive Briefing - April 24

Allied Holdings Loss Widens as Auto Production Falls; Motor Cargo Reports Record Earnings; Manufacturers Announce More Job Cuts; Atlas Air Cites Record Revenues, Profit; and more...

April 24, 2001

Summit Seeks Intermodal Responsibility in Virginia

A discussion among trucking and steamship executives about who has responsibility for the condition of intermodal road equipment could lead to a business, rather than legislative, solution for Virginia ports by July, state officials say.

April 24, 2001

Opinion: Higher Speeding Fines for Truckers Aren't Discriminatory

Eighty thousand pounds at 80 miles per hour is unacceptable. Well, maybe on the Autobahn, but not on South Carolinas Interstates. Not on crowded urban stretches.

April 24, 2001

Paccar Earnings Reflect 'Recessionary' Market

Due to slow sales, truck maker Paccar reported first-quarter earnings of $44.3 million or 58 cents per share, well below last years $154.9 million or $1.98 per share. Net sales for the quarter were down 34% to $1.5 billion.

April 24, 2001

Trucking Technology Report -- April 24

Verizon Would Extend Connecticut Long Distance; AT&T Wireless Posts Higher Revenues, Subscribers; and more ...

April 24, 2001

U.S. Gasoline Prices Make Highest Jump in 50 Years

U.S. gasoline prices leaped by nearly 13 cents per gallon to $1.67 in the past two weeks, according to the Lundberg Survey of 8,000 gasoline stations, news services reported.

April 23, 2001

Ward Named Dealer of the Year

W.A. Bill Ward, president of Ward International Trucks in Mobile, Ala., was named Dealer of the Year by the American Truck Dealers division of the National Automobile Dealers Association.

April 23, 2001