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ATA Petitions FMCSA for Employer Notification

American Trucking Associations has filed a petition with the Federal Motor Carrier Safety Administration last week seeking amendments to rules regarding employer notification and drivers.

February 9, 2007

Sweden鈥檚 Scania to Boost Payout to $1.43 Bln. on Strong Sales

Swedish truck maker Scania AB plans to boost 2006 shareholder dividends to about $1.43 billion, as booming European sales leave truck makers flush with cash, Bloomberg reported Thursday.

February 8, 2007

NYSE to Delist Navistar鈥檚 Shares Feb. 13

Shares of Navistar International Corp. will be delisted from the New York Stock Exchange at the close of trading on February 13, the truck manufacturer said late Tuesday.

February 7, 2007

German Truck Maker MAN AG Reports Higher 4Q Profit

European truck maker MAN AG鈥檚 fourth-quarter profit rose 22% on higher demand for commercial vehicles in eastern Europe, where economies grew twice as fast as in the company鈥檚 domestic market in Germany, Bloomberg reported.

February 6, 2007

Diesel Engine Update: Some Carriers Are Warming to 鈥07 Models

While other carriers were debating whether to buy even one Class 8 truck with a 2007 EPA-certified engine, Mike Hasinec at Penske Truck Leasing Co. was knee-deep in testing 2007 engine performance.

February 5, 2007

Oshkosh鈥檚 Fiscal First-Quarter Earnings Slip; Sales Rise

Specialty truck maker Oshkosh Truck Corp.鈥檚 fiscal first-quarter profit fell to $41.2 million or 55 cents a share, from $53.1 million or 72 cents a year earlier, the company said Friday.

February 2, 2007

Truck Suppliers See Obstacles in Push for 鈥榃orld鈥 Vehicle

LAS VEGAS 鈥 Leading heavy-duty truck components manufacturers said technology exists today to build a safer, environmentally friendly and low-cost heavy-duty 鈥渨orld truck,鈥 but major obstacles are consumer acceptance and the lack of a single global standard for emissions and safety technology.

February 1, 2007

Scania鈥檚 Fourth-Quarter Income Rises as MAN Drops Hostile Bid

Swedish truck maker Scania AB posted a fifth straight gain in quarterly income and German rival MAN AG dropped a hostile takeover bid in favor of friendly negotiations, Bloomberg reported.

February 1, 2007

Canadian For-Hire Companies鈥 Revenue Rose in 2Q 鈥06

There were an estimated 3,336 for-hire trucking companies based in Canada with annual revenues of $1 million or more in the second quarter of 2006, almost unchanged from the same quarter in 2005, Statistics Canada said Thursday.

February 1, 2007

Japan鈥檚 Hino Motors鈥 Fiscal Third-Quarter Profit Falls 45%

Hino Motors Ltd., Japan鈥檚 largest maker of heavy-duty trucks, saw its fiscal third-quarter profit drop 45% as the company spent more to develop new models and expand production, Bloomberg reported.

January 31, 2007