Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit rose 29% from a year ago and that it expects its markets to grow 5% this year.
January 25, 2010Search
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More States Targeting Distracted Driving
States are continuing to crack down on texting and driving, with 23 debating legislation to ban the practice that 19 states already prohibit, USA Today reported Monday.
January 25, 2010Celadon’s 2Q Income Drops; Revenue Improves
Truckload carrier Celadon Group’s fiscal second-quarter income fell 41% to $1 million, or 5 cents per share, from $1.7 million, or 8 cents, from a year ago.
January 25, 2010December Truck Tonnage Jumps 6.6%
U.S. truck tonnage jumped 6.6% in December from the same month in 2008, the first year-over-year increase in 15 months, American Trucking Associations said.
January 26, 2010Diesel Falls 3.7¢ to $2.833 in Second Straight Decline
Diesel’s national average price fell 3.7 cents to $2.833 a gallon, the biggest single-week decline since July, the Department of Energy said Monday.
January 26, 2010Fleets Expected to Report Better 4th-Qtr. Results
Stronger freight demand in the waning days of 2009 is fueling expectations that publicly traded carriers will report better performance when they begin disclosing fourth-quarter results this week, industry analysts said.
January 25, 2010Trucking Executives Cautious About 2010
LAS VEGAS — Top executives from large trucking, truck-making and component manufacturing firms said they all see signs of a good business climate to come, but predicted 2010 will not be a boom year, and they are moving forward with very conservative business plans.
January 25, 2010Diesel Declines 0.9¢ to $2.87; Gasoline Average Also Drops
The national diesel average declined 0.9 cent to $2.87 last week as pump prices moderated after a sharp spike the prior three weeks, the Department of Energy reported.
January 25, 2010Navistar’s New ProStar Plus Will Be Unveiled in March
MELROSE PARK, Ill. — Navistar Inc. said it will introduce a new version of its top over-the-road tractor this year called the International ProStar Plus, and moved up the launch of its 15-liter engine to October from next year.
January 25, 2010YRC Sets Shareholders’ Vote for Reverse Stock Split
YRC Worldwide Inc. set Feb. 17 as the date for a special shareholder meeting to vote on a reverse stock split that follows the debt-for-equity exchange offer that was completed earlier this month.
January 25, 2010