trucks News Updates

Business, Government

NTTC Backs Heavier Trucks, End of Federal Rule Freeze

CHICAGO — The National Tank Truck Carriers for the first time has formally endorsed the use of trucks heavier than the current 80,000-pound weight limit.

May 17, 2010
Business

TravelCenters’ 1Q Loss Widens

Truck stop chain TravelCenters of America said Monday it lost $41.2 million, or $2.39 per share, in the first quarter, up from a loss of $18 million, or $1.08, a year ago.

May 10, 2010
Business

Tank Truck Industry Faces Unique Challenges with More Regulations, Expenses, Officials Say

The tank truck industry faces a unique set of challenges that have led to increased regulations, self-imposed safety precautions and higher costs. Industry executives said they are adjusting by embracing new technology, providing additional driver training and re-examining their operations. 

May 10, 2010
Business

Most LTLs Gain Volume in 1Q, Stabilize Revenue, See Growth

Less-than-truckload carriers as a group posted solid volume gains and stabilized their shaky revenue environment in the first months of 2010, experts said.

May 10, 2010
Business, Government

Truck Dealers Seek Tax Credit For Purchases of New Vehicles

KISSIMMEE, Fla. — Truck makers and dealers have called for a 10% investment tax credit to smooth out the buying cycle of the cleaner burning but more expensive trucking equipment. 

May 3, 2010
Business, Logistics

Universal Truckload’s 1Q Income Improves

Universal Truckload Services’ first-quarter profit rose to $2.1 million, or 13 cents per share, from $100,000, or 1 cent, a year ago.

April 30, 2010
Business

Truck Tonnage Jumps 7.5%

U.S. truck tonnage jumped 7.5% in March from a year ago, the fourth straight year-over-year increase, American Trucking Associations said.

April 28, 2010
Business

Sales, Leasing and Service Business Revives as Recession’s Grip on Industry Loosens

Business got so bad for Jack McDevitt Jr.’s Mack, Volvo and Peterbilt truck dealerships that he shuttered one of his locations last spring and laid off 60 people, including his son. 

April 26, 2010
Business, Government

Tank Truck Carriers to Focus on the Economy, Government Regulations at Annual Meeting

The economic recovery and understanding how of government regulations will affect business will be key themes of the National Tank Truck Carriers’ annual conference, scheduled for May 10-12 in Chicago. 

April 26, 2010
Government, Business

Tight Capacity Starts to Squeeze Private Fleets, Executives Say

CINCINNATI — A strengthening freight market is leading to higher freight rates, and more loads are going unclaimed, attendees at the National Private Truck Council’s annual management conference said. 

April 26, 2010