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UPS announced diluted earnings per share of 88 cents for the first quarter of 2011, a 24 percent improvement over the adjusted 71 cents for the prior-year period. View the full article
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Tornados that ravaged wide swaths of the South Wednesday demolished a Virginia truckstop and dealt damage to several trucking companies. In the worst outbreak since 1974, 164 tornados blitzed 13 states on Wednesday, killing at least 230 people. Alabama was hit hardest with an estimated 128 deaths, prompting President Obama to declare a state of emergency there. View the full article -
The American Trucking Associations and the Canadian Trucking Alliance called on the U.S. Pipeline and Hazardous Materials Safety Administration to abandon proposed wetline regulations. View the full article
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Trucking News: Cummins Q1 Sales Up 56% to $3.9 Billion
BMT Forum Bot posted a topic in Trucking News
Cummins reported sharply higher sales and earnings compared to the first quarter of 2010 on continued strength in key international markets, a recovering North American truck market and productivity improvements. View the full article -
EZE Trucking, a specialty trucking and logistics company for the infrastructure market, has acquired Patterson Motor Freight, a trucking company specializing in the oil and gas industry. View the full article
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Great Dane Trailers announced the addition of Randy Gosson to the Aftermarket Parts Group as National Account Sales manager. View the full article
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The next step in the federal effort to address sleep apnea in truck drivers will come this summer, when the Federal Motor Carrier Safety Administration will ask a panel of advisers for recommendations on how it should proceed. View the full article
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HDA Truck Pride's first membership meeting hosted more than 600 attendees representing 123 members and 142 vendors. View the full article
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Rose McMurray, former chief safety officer at the Federal Motor Carrier Administration, is joining FDRsafety as chief transportation advisor and will help lead the company's Transportation Safety Division. View the full article
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The first quarter of 2011 saw strong revenue and profit increases for many carriers. However, the good results were tempered by bad weather and the spike in fuel prices. On the whole, fleets expect business to continue increasing through the remainder of 2011. View the full article
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Dana Holding Corp. reported adjusted earnings of $181 million in the first quarter of 2011. The company had a net loss of $30 million, which included $53 million of one-time charges for refinancing and restructuring of debt in January. View the full article
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New orders for manufactured durable goods in March increased $5 billion or 2.5 percent to $208.4 billion, according to the U.S. Census Bureau. This increase, up three consecutive months, followed a 0.7 percent February increase. View the full article
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Average freight rates continue to rise, according to the First Quarter Business Expectations Survey by Transport Capital Partners, with larger carriers reporting smaller increases than the smaller companies. View the full article
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The upward price trend of used Class 8 commercial vehicles that began in early 2010 continued into March 2011, according to ACT Research. The reported average sales price increased 6 percent from February levels. View the full article
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Nearly three-quarters, 71 percent, of trucking company executives surveyed by GE Capital, Transportation Finance expect business conditions to improve in 2011, but they are concerned about the impact of external and internal factors on their profit margins. View the full article
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C.R. England, Salt Lake City, announced it is going to start using hair samples for pre-employment drug screening. View the full article
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The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index increased 1.7 percent in March after falling a revised 2.7 percent in February. The latest gain put the seasonally adjusted index at 115.4 in March, the highest level since January of this year View the full article
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Transplace announced a university program to launch at the logistics provider's ninth annual Shipper Symposium in Dallas, 10-12. View the full article
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Jonathan Eilen of Hampton, Minn., won the 2010 National Association of Show Trucks' Truck-Lite Trophy Series competition. View the full article
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FleetPride, a national independent aftermarket distributor of heavy-duty truck and trailer parts, opened its new 150,000-square-foot regional distribution center in Lawrenceville, Ga. View the full article
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Xata Corp. named Scott G. Christian as the company's chief financial officer. View the full article
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Sales of heavy duty commercial vehicles in China reached 1.015 million units in 2010, a 60 percent increase over 2009 volume. View the full article
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Last week, President Obama announced the creation of the Financial Fraud Enforcement Task Force, a working group designed to root out illegal speculation oil markets. The announcement came one week after Goldman Sachs estimated that speculation may account for up to one-fifth of oil prices. View the full article
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National on-highway diesel prices fell last week for the first time in five weeks, according to the Energy Information Administration. The national average decreased by seven-tenths of a cent, with every major region except the Rocky Mountains experiencing a decrease. View the full article
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There are almost as many stories at the Mid-America Trucking Show as the tens of thousands of people who attend the huge confab in Louisville, Ky., every March. One story is Jimmy Wink, a fleet operator and now trailer maker in southern Indiana. View the full article
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