UPS Inc. reported a higher second-quarter profit but cut its full-year earnings forecast, citing concern of a slowing global economy.
July 24, 2012Search
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Ryder's 2Q Earnings Rise 14%
Ryder System said its net earnings rose 14% to $46.7 million, or 91 cents per share, up from $40 million, or 77 cents from a year ago.
July 24, 2012Volvo’s Earnings Slip as Truck Sales Rise, Orders Decline
Volvo AB’s second-quarter adjusted earnings slipped 4.1%, as North American truck sales rose but orders fell, Bloomberg reported Tuesday.
July 24, 2012HOS Rule Will Add Significant Costs, ATA Says in Court Filing
The hours-of-service rules set to take effect next year for truck drivers will add a significant cost to the trucking industry without providing much of a benefit, American Trucking Associations said Tuesday in a court filing.
July 24, 2012Pa. Turnpike Tolls Increase 10% for Cash Users
The Pennsylvania Turnpike Commission approved a 10% toll increase for drivers paying with cash and a 2% increase for those using the E-ZPass system.
July 23, 2012Congressman Vows to Battle EOBR Mandate as ‘Catastrophic’ Burden on Small Businesses
If an amendment to block funding for an electronic onboard recorder mandate does not make it into law, its main sponsor, Rep. Jeff Landry (R-La.), said he is prepared to do whatever he can to stop the federal government from mandating such devices.
July 23, 20121Q Traffic Deaths Up 13.5%, NHTSA Says
Traffic deaths rose 13.5% in the first quarter of this year, according to National Highway Traffic Safety Administration figures, the Associated Press reported.
July 23, 2012Eaton’s Second-Quarter Income Rises
Eaton Corp.’s second-quarter net income rose to $382 million, or $1.12 per share, from $336 million, or 97 cents, a year ago.
July 23, 2012GAO Probing Northeastern Toll Increases
The federal government is probing toll increases in several Northeast states, Bloomberg reported.
July 23, 2012Trillium Forms Joint-Venture to Build CNG Stations
Trillium CNG on Monday announced a joint venture to built fueling stations with a focus on the Interstate 65 and I-75 trucking corridors and major routes in Texas.
July 24, 2012