Landstar System Inc. said its net income increased in the fourth quarter and the 2013 year, but income from continuing operations dropped.
January 30, 2014Business, Technology, Equipment, Safety
Landstarās Income Grows for 4Q and 2013
Business, Equipment, Autonomous
Meritor Reports Fiscal First-Quarter Profit
Meritor Inc. reported a profit for its fiscal first quarter on increased production in Europe and South America despite lower defense revenue, the truck component maker said Jan. 29.
January 29, 2014Business, Equipment
Cummins āPausesā Development of 15L Nat-Gas Engine
Engine maker Cummins Inc. confirmed that it has āpausedā the development of its planned 15-liter natural-gas engine due to āmarket timing uncertainty.ā
January 15, 2014Business, Equipment
Trucking Fleets Cite Maintenance Costs Among Benefits of Leasing Vehicles
Tom Hassel Transport Inc. has no maintenance facility, and company President Tom Hassel said he is not interested in setting up a shop. Instead, the Point Pleasant Beach, N.J., company leases many of its trucks and plans to phase out the ones it owns.
January 13, 2014Business, Equipment
Class 8 Orders Surge 50% in December
The Class 8 truck industry ended 2013 on a high note with about 31,800 new orders in December, a 50% jump from the same month a year earlier, ACT Research reported.
January 6, 2014Government, Business, Technology, Equipment
Trucking, Suppliers Continue to Await Release of E-Logging Rule by FMCSA
The trucking industry and makers of electronic logging devices started 2014 braced for the Federal Motor Carrier Safety Administration to publish its long-awaited rule.
January 6, 2014Business, Equipment
Cooper Seeks Damages After Ending Apollo Tyres Merger Deal
Cooper Tire & Rubber Co. said it will pursue a $112.5 million āreverse termination feeā after ending its attempt to acquire Apollo Tyres.
December 31, 2013Government, Business, Technology, Equipment
No ELD Mandate Proposal This Year, FMCSA Says
The proposed rule on electronic logging devices for trucks will not be published until 2014, the Federal Motor Carrier Safety Administration said Dec. 20.
December 23, 2013Business, Technology, Equipment, Safety
Bendix Gets 2-Year Regulatory Renewal for LDW System
Bendix Commercial Vehicle Systems has received renewal of a two-year regulatory exemption for its lane-departure warning system from the Federal Motor Carrier Safety Administration.
December 20, 2013Business, Equipment
Nov. Class 8 Sales Rise 1% in Third Consecutive Increase
Sales of Class 8 trucks slowed in November, gaining just 1% from the same month last year, while marking the third straight month of year-over-year increases, WardsAuto.com reported.
December 16, 2013