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Used Truck Prices Buoyed by Rising Foreign Demand
An unprecedented wave of exports, mostly to Russia, has cushioned a downturn in the Class 8 used-truck business, which has been hurt by high fuel prices and a weak freight market, according to industry executives.
April 28, 2008Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
TransCore Unveils Rate Index Pro Database
Trucking technology system provider TransCore said its new Rate Index Pro product will provide single-lane, real-time truckload information that can be used in pricing and contract negotiations.
April 21, 2008Hino Shifting Medium-Duty Work to W. Va.
Hino Motors Ltd. said it will halt assembly of trucks in California and shift the work to a West Virginia factory to consolidate U.S. production, Bloomberg reported.
April 17, 2008UAW Rejects Mediator on American Axle Strike, Paper Reports
Parts supplier American Axle & Manufacturing Holdings has asked a federal mediator to help broker a deal to end the a 48-day strike, but offer was rejected by the United Auto Workers union, the Detroit News reported Monday.
April 14, 2008Eaton鈥檚 1Q Profit Gains; Trucking Segment Lags
Heavy-duty vehicle parts manufacturer Eaton Corp.鈥檚 first-quarter net earnings rose 5.6%, led by international sales, though its truck segment鈥檚 sales declined, the company said Monday.
April 14, 2008Cummins Begins Production at Chinese Fuel Systems Plant
Diesel engine maker Cummins Inc. said Tuesday it opened its first fuel systems manufacturing site outside of North America, the Cummins Fuel Systems Wuhan plant, in China.
April 8, 2008Equipment Lessors Consolidate, Reduce Fleet Sizes to Adjust for Changing Demand
A weak economy and a deteriorating business environment for truckers are creating challenges and opportunities for equipment leasing and rental companies, executives in the field say.
March 31, 2008Cummins Releases CARB-Compliant APU
Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.
March 26, 2008Michelin to Link Tire Prices to Cost of Oil
Michelin & Cie., the world鈥檚 second-biggest tire maker, said it will link the prices of car tires to the cost of oil, Bloomberg reported Friday.
March 21, 2008Letters to the Editor: SAFER Scores, Fuel Prices, Border Opening
The Opinion column by John Hausladen, 鈥淏e Ready to Explain Your SAFER Scores,鈥 is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is 鈥 and, how it can be misinterpreted by those uninformed about the industry.
March 19, 2008