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Consumer Confidence Sinks to Two-Year Low

Consumer confidence dropped in October to its lowest level since March 2009, the New York-based Conference Board said Tuesday.

October 25, 2011

Paccar’s 3Q Profit More Than Doubles

Truck and engine maker Paccar Inc. said Tuesday its third-quarter profit more than doubled from a year ago, on higher truck sales.

October 25, 2011

Ryder’s Third-Quarter Earnings Improve

Ryder System said Tuesday its third-quarter profit increased from a year ago and raised its earnings forecast for the rest of 2011.

October 25, 2011

Cummins Posts Higher 3Q Profit, Trims 2011 Outlook

Cummins Inc. said Tuesday its third-quarter profit rose 60% from a year ago, but the engine maker trimmed its full-year revenue outlook due to “uncertainty around the macro-economic environment.â€

October 25, 2011

Volvo’s 3Q Earnings Jump; Predicts 20% Growth in North American Sales

Volvo AB’s third-quarter profit jumped 36% and the company predicted industrywide heavy-duty truck sales in North America will rise 20% next year, Bloomberg reported Tuesday.

October 25, 2011

UPS’ Third-Quarter Profit Rises

UPS Inc.’s third-quarter profit rose to $1.04 billion, or $1.06 per share, from $991 million, or 99 cents, a year ago, the company said Tuesday.

October 25, 2011

C.H. Robinson’s Third-Quarter Income Rises

Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $114 million, or 70 cents a share, from $103 million, or 62 cents, a year earlier.

October 26, 2011

First Mexican Truck Crosses Into U.S.

The first Mexican truck crossed the United States border Friday as part of the cross-border trucking pilot program between the countries, the Associated Press reported.

October 25, 2011

CARB Declines to Extend Reefer Rule Deadline

California environmental regulators have approved a slate of amendments to fine-tune the state’s transport refrigerated unit rule, but denied a request by industry stakeholders to push back compliance deadlines by extending the useful life of the units from seven to nine years.

October 25, 2011

Fleets Focus on Emissions, SmartWay’s Bynum Says

GRAPEVINE, Texas — The new federal rule designed to reduce truck greenhouse-gas emissions by 10% or more starting in 2014 effectively is forcing manufacturers to focus on selling advanced pollution-reduction equipment to fleets that today don’t have the technology such as auxiliary power units, a government official said.

October 24, 2011