Mack Trucks and Volvo Trucks North America will merge next month into a single corporate entity, the (Allentown, Pa.) Morning Call reported.
October 23, 2009Search
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TransForce Reports Lower 3Q Income
Canadian transportation and logistics聽firm TransForce Inc. said its third-quarter net income fell to C$17 million, or 19 cents a share, from C$26.5 million, or 31 cents, a year ago.
October 23, 2009Saia Increases 3Q Profit
Saia Inc. said its third-quarter profit increased to $3.3 million, from $2.8 million the prior year.
October 23, 2009Volvo Reports Fourth Straight Loss
Volvo AB said Friday it lost $427 million, or 21 cents a share in the third quarter, less than analysts鈥 estimates, as labor reductions showed savings faster than anticipated, Bloomberg reported.
October 23, 2009Iteris鈥 Income Falls for Fiscal 2Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal second-quarter profit decreased from a year ago.
October 22, 2009Intermodal Traffic Declines for Week
U.S. intermodal rail traffic fell 12.6% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
October 23, 2009Forging a Port Compromise
The settlement that American Trucking Associations negotiated with the Port of Long Beach last week is the kind of compromise that is so difficult to accomplish: Both sides got most of what they wanted.
October 26, 2009Letters: Distractions Revisited, 鈥極ld鈥 Truck Ban
This is in response to the letter titled 鈥淒istracted Driving鈥 in the Oct. 12 issue. It seems everyone with a dog in this fight is cherry-picking the latest data regarding the texting issue.
October 26, 2009UPS鈥 Third-Quarter Profit Declines 43%, but Company Says It Sees Signs of Recovery
Lower profits at its key U.S. domestic package unit slashed UPS Inc.鈥檚 third-quarter earnings by 43% to $549 million, but the company said signs of an economic recovery should bring better results in the months ahead.
October 26, 2009Navistar Unveils Trucks with 鈥楢merican鈥 EGR
CHICAGO 鈥 An executive of Navistar Inc. has moved to separate his company from its mostly foreign-owned truck maker competitors, telling reporters, 鈥淲e are going to offer customers a distinctive technology for North America鈥 in the company鈥檚 2010 products.
October 26, 2009