FedEx Corp. said聽its third-quarter profit slipped from a year ago due in part to the company鈥檚 voluntary buyout program for U.S. officers, but operating profit at its less-than-truckload freight unit turned around a loss.
March 20, 2013Search
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North American Truck Production Expected to Rise 15% in 2014, ACT Says
COLUMBUS, Ind. 鈥 North American truck production in 2013 is on course to virtually match last year and will spike almost 15% in 2014 on stronger economic growth, ACT Research President Kenny Vieth predicted.
March 20, 2013Survey Finds Carriers Expect Capacity to Increase
About two-thirds of motor carriers surveyed plan to increase capacity in the next聽12 months, up from 51% last quarter, a study from Transport Capital Partners said.
March 20, 2013Navistar鈥檚 Delivery of MaxxForce 13 Engines With Cummins Aftertreatment Technology to Begin in April
LOUISVILLE, Ky. 鈥 Navistar International Corp. said here Wednesday that deliveries of ProStar tractors with MaxxForce 13 engines equipped with Cummins Inc.鈥檚 aftertreatment technology will begin in late April.
March 20, 2013Truck Tonnage Rises 4.2% in February
Truck tonnage rose 4.2% in February from the same month last year, American Trucking Associations said.
March 19, 2013Cummins Sees 鈥楽uperTruck鈥 Payoff by End of Decade
LOUISVILLE, Ky. 鈥 Independent engine maker Cummins Inc. said it is introducing its聽鈥淪uperTruck鈥 research done in conjunction with Paccar Inc. into commercial production between now and the end of this decade, with much of it expected in 2016 or 2017, when the federal government is scheduled to tighten its standards for truck engine fuel economy.
March 19, 2013Westport, Clean Energy Set Program to Boost LNG Use
LOUISVILLE, Ky. 鈥 Westport Innovations Inc. and Clean Energy Fuels Corp. announced a new joint program aimed at further accelerating the adoption of liquefied natural-gas vehicles among trucking companies.
March 19, 2013Echo Global Logistics Acquires Open Mile Inc.
Echo Global Logistics said it has acquired truckload brokerage firm Open Mile Inc. Terms were not disclosed.
March 19, 2013UPS Acquires VN Post Express鈥檚 49% Interest in Joint Venture
UPS Inc. said it has acquired Vietnamese delivery company VN Post Express鈥檚 49% interest in the two companies鈥 express delivery joint venture.
March 19, 2013Housing Starts Rise in February
Housing starts increased 0.8% in February, and building permits rose to the highest level in five years, the Commerce Department said Tuesday.
March 19, 2013