Truck dealer Rush Enterprises said its first-quarter earnings improved to $13 million or 51 cents a share, up from $11.6 million or 46 cents a year earlier.
April 18, 2007Business, Autonomous
Rush’s 1Q Earnings Improve
Business, Autonomous
Shippers Benefitting From Softer Freight Market, Journal Reports
Freight shippers are seeing a more favorable environment because of slipping overall volumes moved by trucks and trains and an abundance of capacity, the Wall Street Journal reported Wednesday.
April 18, 2007Business, Government, Safety, Autonomous
Truck Stops Concerned About Supplying Urea
April 16, 2007
Business, Fuel, Autonomous
Bankruptcies Increase as Freight Declines
Trucking company failures jumped in the first quarter of 2007, and industry observers warned of tougher times ahead because of an uncertain economy, weak freight loads and rising fuel costs.
April 16, 2007Business, Government, Safety, Autonomous
IRS Says Fleets Face Sanctions
IRS officials told trucking executives that motor carriers must account properly for driver per-diem expenses or risk losing the tax-exempt status of the plans.
April 16, 2007Business, Safety, Autonomous
Letters to the Editor: Maintenance Issues; Heavier Trucks
April 11, 2007
Business, Logistics, Autonomous
Justice OKs Trucking Survey
The Justice Department said Tuesday it will not oppose a proposal by the National Association of Small Trucking Companies to conduct an operational and financial survey of small- and medium-sized trucking firms.
April 10, 2007Business, Government, Autonomous
Daimler Sets Dealer Initiative
DaimlerChrysler Truck Financial announced a regional initiative Monday that it said will improve service to its Freightliner, Sterling and Western Star dealers in the United States and Canada.
April 9, 2007Business, Government, Autonomous
Chinese Truck Maker Plans Overseas Public Listing
A Chinese truck company plans to transfer its entire stake in its China-based unit to a Hong Kong-based subsidiary in an $845 million deal, paving the way for an overseas listing of that country’s third-largest truck marker, Bloomberg reported.
April 9, 2007Business, Government, Equipment, Autonomous
Tire Makers Raising Prices
At least five major tire manufacturers said they are raising prices on their medium- and heavy-duty truck tires by 3% to 5%, with most citing the rising cost of raw materials as the reason.
April 9, 2007