Trailer manufacturer Wabash National Corp. said its fourth-quarter and full-year income rose on higher trailer sales.
February 23, 2012Search
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2011 Class 8 Fleet Declines Despite Jump in Registrations
The total U.S. Class 8 fleet dropped 2.1% in the 4th quarter of 2011 compared with the last quarter of 2010, as fleets continued to squeeze out their oldest trucks to bring freight capacity more into alignment with available loads, according to R.L. Polk & Co.
February 27, 2012Bendix Begins Brake Fix
TAMPA, Fla. — Bendix Commercial Vehicle Systems said it has distributed the first of more than 130,000 kits to fix a defective brake-system valve, but said the process could take about six months to complete as manufacturers, dealers and fleets scramble to repair more than 67,000 affected U.S. and Canadian trucks.
February 27, 2012Wright Express Reports Higher Profit for 4Q, Year
Wright Express Corp.’s fourth-quarter profit grew to $32.8 million, or 84 cents per share, compared with $18.5 million, or 47 cents, a year ealier.
February 23, 2012Commercial Vehicle Group’s Income Jumps
Commercial Vehicle Group’s fourth-quarter and full-year income jumped on increases in the North American Class 8 heavy-duty truck and global construction markets.
February 23, 2012Mullen’s 4Q, Full-Year Profits Improve
Canadian transportation firm Mullen Group’s fourth-quarter and full-year operating income rose on higher demand at its oilfield services unit.
February 23, 2012XPO Logistics Posts Fourth-Quarter Loss
XPO Logistics said it posted a fourth-quarter loss after earning a profit in the same period a year ago.
February 23, 2012Jobless Claims Hold Near Four-Year Low
Initial jobless claims held steady last week at the lowest level in nearly four years, the Labor Department said Thursday.
February 23, 2012Oil Finishes Over $107 a Barrel
Oil rose for a sixth trading day, rising $1.55 to finish at $107.83 a barrel on the New York Mercantile Exchange, a more than nine-month high, Bloomberg reported.
February 23, 2012Weekly Intermodal Traffic Falls 5.6%
U.S. intermodal traffic declined 5.6% for the week ended Saturday from a year ago, the Association of American Railroads reported.
February 24, 2012