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Logistics and delivery firm Dynamex Inc. said Thursday its fiscal first-quarter profit fell to $3 million, or 30 cents a share, from $4 million, or 39 cents, a year ago. |
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U.S. factory orders fell 5.1% in October, the most in eight years, the Commerce Department said Thursday. |
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First-time unemployment claims fell but continuing claims rose to a 26-year high last week, the Labor Department said Thursday. |
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The United Auto Workers said Wednesday it is willing to alter contracts with U.S. automakers and accept delayed payments of billions of dollars to health care trust fund in order to help the companies potentially secure $34 billion in government loans, the Associated Press reported. |
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Demand for transportation services has lowered since early October, and costs for services have fallen in some areas, and demand for transportation services will continue into 2009, the Federal Reserve said Wednesday. |
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Poultry producer and transporter Pilgrim’s Pride Corp. has filed for Chapter 11 bankruptcy protection, Bloomberg reported. |
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PRINT
EDITION: PAGE ONE
Week of
December 1, 2008
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Class 8 Fleet Declines in 3Q as Freight Market Weakens The number of U.S. Class 8 trucks on the road at the end of the third quarter dropped by 17,000 from a year earlier, the first year-to-year decline since research firm R.L. Polk & Co. began reporting on truck fleets in 2003. |
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Navistar to Seek 2010 Delay Truck and engine maker Navistar Inc. said it will take a “leadership role” in trying to convince Congress and the new administration to delay full implementation of 2010 heavy-duty truck engine emission mandates. |
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Global Imports Begin to Slow There are signs that the rise of global tire imports to the United States is beginning to slow as the economy weakens and costs increase. |
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Meritor WABCO Debuts System for Automatic Truck Braking
ATLANTA — Meritor WABCO demonstrated its new automatic braking system for heavy-duty trucks that is integrated with its anti-lock braking and stability control systems. Executives said the system can cut accident rates, especially rear-end collisions, which account for nearly 20% of all truck-involved crashes. |
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CTA Asks For Environmental Technology Exceptions
The Canadian Trucking Alliance called on provincial governments to act swiftly to make regulations to allow weight and length considerations for technologies associated with CTA's enviroTruck program. |
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More Technology
Navistar Seeking to Delay 2010 Rule
Citing the economic downturn, tight credit markets and the prospect of a large price increase, truck and engine maker Navistar Inc. said it will take a “leadership role” in trying to convince Congress and the new administration to delay full implementation of 2010 diesel emission regulations. |
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Clean Energy Opens Large LNG Plant in Calif.
In anticipation of increased demand for liquefied natural gas as a motor fuel, Clean Energy Fuels Corp. has begun production at the largest liquefied natural gas plant in the Southwest, the company said. |
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Tenneco Cuts 1,100 Jobs, Closes Factories
In a cost-cutting move, automobile exhaust manufacturer Tenneco Inc. is cutting 1,100 jobs and closing four U.S. plants and an engineering center in Australia. The changes will save the company about $64 million annually. |
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Ryder Acquires Canadian Transport Firms
Ryder System Inc. has reached an agreement to acquire nearly all of the assets of Canadian transport and logistics companies Transpacific Container Terminal Ltd. and CRSA Logistics Ltd. Financial terms were not disclosed. |
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Light & Medium Truck News
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