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Personal Spending Rises 0.7% in December

Consumer personal spending rose in December by the most in five months and personal incomes also rose, the Commerce Department said Thursday.

February 1, 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

Saia Buys Wisconsin LTL Carrier for $2.5 Million

Less-than-truckload carrier Saia Inc. said Thursday it has acquired Wisconsin-based LTL company Madison Freight Systems for about $2.5 million.

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

Security & Safety Briefs 鈥 Jan. 25 - Jan. 31

TSA Awards TWIC Contract to Lockheed Martin 鈥 Canada Passes Border Security Bill 鈥 Railroads to Get More Safety Scrutiny 鈥 EU Customs Chief Criticizes Cargo-Screening Measure

January 31, 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

Shippers Back Increasing Weight Limit for Trucks

to write a Letter to the Editor.
WASHINGTON 鈥 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.

January 31, 2007

Construction Spending Declines 0.4% in December

U.S. construction spending fell 0.4% December, the Commerce Department said Wednesday.

January 31, 2007

January Chicago Manufacturing Index Shows Contraction

The National Association of Purchasing Management-Chicago鈥檚 manufacturing index fell in January to the first contraction since April 2003, NAPM said Wednesday.

January 31, 2007

Fourth-Quarter GDP Jumps 3.5%; Full-Year Growth Was 3.4%

The U.S. economy expanded at a 3.5% annual rate in the fourth quarter, the Commerce Department said Wednesday, the strongest since last year鈥檚 first quarter.

January 31, 2007