Truck components maker ArvinMeritor said it lost $52 million, or 72 cents per share, in its fiscal second quarter, compared with a profit of $24 million, or 33 cents per share, a year ago.
May 6, 2009Search
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Going 鈥楪reen鈥 Can Offer Dealers Financial Benefits, Panelists Say
OXON HILL, Md. 鈥 Truck dealers and their fleet customers who feel forced to concern themselves with government environmental regulations should consider embracing the subject, as 鈥済reen鈥 issues carry increasing weight with the shipping business community and conservation can lead to better profitability, said panelists at a dealer workshop here.
April 28, 2009Construction Spending Increases 0.3%
Construction spending rose in March for the first time in six months, the Commerce Department said Monday.
May 4, 2009Xata Narrows Loss in 2Q
Transportation software firm Xata Corp. said Monday it lost $443,000, or 5 cents per share, in its fiscal second quarter, compared with a loss of $1.3 million, or 17 cents, a year ago.
May 4, 2009Diesel Falls 1.6垄 to $2.185
The national average price of diesel fuel fell for a third consecutive week, dropping 1.6 cents to $2.185, the Department of Energy said.
May 5, 2009EPA Faces Question on Ethanol鈥檚 Effects
The Environmental Protection Agency is close to proposing standards for ethanol use, but officials face a question on whether or not ethanol鈥檚 indirect effects on the environment should be considered in the rule-making process, the Associated Press reported Sunday.
May 4, 2009P.A.M. Reports $3.4 Million First-Quarter Loss
Truckload carrier P.A.M. Transportation Services reported a first-quarter loss of $3.4 million, or 36 cents per share, compared with a loss of $2.8 million, or 29 cents, a year ago.
May 1, 2009Port Plan Progress
The most onerous and misguided portions of the plan by the ports of Los Angeles and Long Beach to reshape the trucking industry there have been enjoined by a federal court, at least for now.
May 4, 2009Slumping Sales Lead to Lower Earnings For Truck Makers in North America
Weak Class 8 truck sales around the world led to plunging revenue and either losses or vastly diminished first-quarter profits for three of the four major heavy-duty truck manufacturers and both independent engine makers operating in North America.
May 4, 2009U.S. Working on Border Plan, Despite Swine Flu Concerns
The Obama administration is continuing to work on a plan to restart cross-border trucking between the United States and Mexico, even as the two countries battle the spread of 鈥渟wine flu.鈥
May 4, 2009