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Japanās Hino Motorsā Fiscal Third-Quarter Profit Falls 45%
Hino Motors Ltd., Japanās 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, 2007Shippers Back Increasing Weight Limit for Trucks
to write a Letter to the Editor.WASHINGTON ā Shippers would like to see a switch to larger trucks, and U.S. safety inspectors monitoring size-and-weight rules could have more technology at their disposal in the coming years, according to a Transportation Research Board panel discussion here.
Crude Oil Price Posts Biggest Gain Since September 2005
Crude oil futures posted their biggest one-day gain Tuesday since September 2005, rising on forecasts of continuing cold weather and expectations of a stronger U.S. economy, Bloomberg reported.
January 30, 2007Quality Distribution Lowers Fourth-Quarter Forecast
Tank truck carrier Quality Distribution lowered its earnings guidance for the fourth quarter and full-year 2006, due to lower seasonal demand.
January 29, 2007Truck Tonnage Index Rebounds in December, Rising 3.9%
American Trucking Associationsā advanced seasonally adjusted truck tonnage index jumped 3.9% in December, following a 3.6% downturn in November.
January 26, 2007Critics Call Onboard Recorder Proposal Ineffective
The Transportation Departmentās recent proposal to use electronic onboard recorders to monitor driver hours is āweakā and ineffective, safety advocacy groups said last week, while some trucking industry organizations applauded the plan.
Calif. Aims to Cut Emissions, Improve Four Freight Corridors
Trucks operating in California would be required to meet tighter emission standards under a plan proposed by Gov. Arnold Schwarzenegger (R) to spend $3.1 billion in bond money to improve four key freight corridors.
January 22, 2007ACE to Be Required at Entry Points in California, Texas, N. Mex.
The U.S. Customs and Border Protection agency said Friday that truck carriers entering the United States at all land border ports of entry in California, Texas and New Mexico will be required to present advance electronic cargo information through the Automated Commercial Environment truck manifest system.
January 19, 2007Fed āBeige Bookā Report Reports Weaker Trucking Demand
The Federal Reserve said Wednesday that its 12 district banks reported a moderate pace of growth and inflation late last year as labor markets tightened, and several regional banks reported softer trucking demand.
January 18, 2007ATA Names New Americaās Road Team for 2007-2008
American Trucking Associations Wednesday named the members of the 2007-2008 Americaās Road Team, an elite group of drivers who have driven millions of miles safely and will serve as trucking ambassadors for the next two years.
January 17, 2007