REDFORD, Mich. — The Daimler Truck Group on Friday unveiled the first fruit of its five-year, $1.5 billion program to develop a single heavy-duty diesel engine to serve its markets around the world.
October 19, 2007GovernmentBusinessSafety
FMCSA Eases Hay, Straw Tie-Down Rule
The Federal Motor Carrier Safety Administration said last month that bales of hay and straw could be secured by less stringent methods than standard cargo-securing regulations require, because of the nature of those commodities.
October 19, 2007Business
Caterpillar’s 3Q Profit Rises
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday its third-quarter profit jumped 21%, though it cut its full-year earnings outlook.
October 19, 2007GovernmentBusinessSafety
Rush Reports 3Q Earnings Dip
Truck dealership Rush Enterprises said its third-quarter earnings dipped to $13.1 million or 34 cents a share, from $16.4 million or 43 cents for the same quarter last year.
October 19, 2007BusinessTechnologyEquipmentSafetyGovernment
iTECH: There’s More to Return on Investment Than a Price Tag
Return on investment is a standard measurement of the dollar value of an information technology system. Small or medium-sized fleets likely focus their financials on cost per truck — “per seat,” in the IT lexicon.
October 19, 2007BusinessSafetyGovernmentTechnologyEquipment
Ryder Gets Boeing Transportation Contract
Ryder System said Friday that that aerospace firm Boeing Co. has chosen Ryder to provide global transportation management services.
October 19, 2007BusinessSafetyGovernmentLogistics
China Trucking Panel Set for MCE
Opportunities in trucking and logistics in China’s burgeoning economy will be the subject of a panel discussion at American Trucking Associations’ annual meeting in Orlando, Fla., next week.
October 19, 2007BusinessSafetyGovernment
Covenant Takes Third-Quarter Loss
Covenant Transportation Group reported it lost $3.6 million or 25 cents a share, compared with a net income of $795,000 or 6 cents a year earlier.
October 19, 2007BusinessGovernment
Philadelphia Factory Index Dips
Manufacturing levels declined in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.
October 18, 2007BusinessTechnologyEquipmentSafety
Landstar’s 3Q Earnings Dip
Truckload carrier Landstar System said Thursday its third-quarter net income slipped from a year ago, though its per-share income rose.
October 18, 2007