Truckload carrier Landstar System said late Wednesday its third-quarter profit rose to $32.8 million, or 62 cents a share, from $29.3 million, or 54 cents, a year ago.
October 16, 2008Search
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Daimler to End Sterling Brand, Close Plants, Cut 3,500 Jobs
Daimler AG, citing a “fundamental change” in the heavy-duty vehicle market, will drop its Sterling Trucks brand and cut North American production capacity 20% by closing two factories, including its one-time flagship plant in Portland, Ore., the company’s top executive said last week.
October 20, 2008USA Truck’s Third-Quarter Income Improves
Truckload carrier USA Truck said Thursday its third-quarter profit jumped to $2.4 million, or 23 cents a share, from $16,000, or zero cents, a year ago.
October 16, 2008Letters to the Editor: Bailout, Road-Use Tax, LTL Reweighing, Border Projects, Mexican Border
The $700 billion bailout plan (and this is just the beginning) is not for mortgages and homeowners; it’s for mortgage-backed securities. Hedge funds are the main holders.
October 14, 2008Opinion: The Challenges Facing Trucking
People often ask me how it is that, as a farmer, I stumbled into trucking. I grew up involved in the day-to-day operations of my family’s Indiana farm, but in 1972, I decided it was time to devote my energies to agribusiness.
October 17, 2008FMCSA Finalizes Driver Tracking Plan, Aims to Launch Safety Analysis in 2010
NEW ORLEANS — The Federal Motor Carrier Safety Administration is in the final stages of preparing its Driver Information Resource for use by trucking companies, an agency official said here.
October 15, 2008YRC Launches Web Portal for Clients
YRC Worldwide said Tuesday it launched a Web site to make it easier for clients to access its North American divisions.
October 14, 2008Daimler to Drop Sterling Brand, Close Plants in Ontario, Oregon
Daimler Trucks North America said Tuesday it will discontinue its Sterling Trucks brand in March, eliminate 3,500 jobs and close two North American factories in an effort to streamline operations.
October 14, 2008Tech Execs Expect Broader Mandates When FMCSA Issues EOBR Final Rule
NEW ORLEANS — The Federal Motor Carrier Safety Administration’s final rule governing electronic onboard recorders may change significantly from the proposal the agency issued in 2007, executives of several technology firms said.
October 14, 2008TTNews.com to Close for Columbus Day
TTNews.com will be closed Monday for the Columbus Day holiday. Please check back on Tuesday, Oct. 14, for the latest trucking and freight transportation news.
October 10, 2007