Trailer shipments grow again in 2Q
Shipments of complete truck trailers increased 8.7% in the second quarter, according to research conducted by Economic Planning Associates (EPA Inc), Smithville NY....
Great Dane adds 100 new jobs, boosts output at Indiana plant
Great Dane Trailers announced that 100 new production jobs will be added at its Brazil, Ind., manufacturing site in the coming weeks. In response to increased demand, Great Dane expects to boost output of dry freight van trailers in Brazil to 250 per week, dictating the payroll expansion. ...
International receives order for 1,500
International Truck and Engine Corp. announced Estes Express Lines has agreed to purchase 1,500 International 8600 Model trucks over the next two years. Estes Express Lines, which has a fleet of over 15,600 trailers and tractors, has been purchasing International trucks for ten years. ...
Natural gas engine shipments up for Westport
Natural gas engine manufacturer Westport Innovations said orders almost doubled in the second quarter of its 2005 fiscal year compared to last year, allowing it to reduce its red ink, if slightly....
NTEA’s work pays off in NHTSA’s proposed certification rules
NHTSA has issued proposed amendments to the regulations for certifying multi-stage produced vehicles—the result of years of work by the NTEA, beginning with its successful 1990 lawsuit against NHTSA and ending with the negotiated rulemaking with NHTSA that began in December 1999....
Diesel hits record high at $1.814
Diesel set a new record high last week after jumping another 3.4 cents to $1.814 per gallon, the Energy Information Administration said. Diesel prices, which have recently kept pace with crude prices, may rise even higher in the coming weeks when last week’s record-high crude prices hit the pumps....
Oshkosh reports healthy 3Q
Specialty truck maker Oshkosh Truck Corp. said its net income went up 26.5% to $30.6 million on 11.5% higher sales of $599.8 million in its third quarter. The company is raising its earnings estimate for the full year to between $2.90 and $3.00 per share....
Retail truck sales up 12% in July
Franchised dealers of U.S. truck manufacturers sold 907,154 units in July—a 12% increase over June—according to data published by Ward's Communications. ...
Used trailers hobble Celadon's earnings
Indianapolis-based truckload conglomerate Celadon Group said its net income doubled in its final fiscal quarter, but it lost money for its full fiscal year after writing down the value of used trailers in its fleet....
Profits rise for Vitran
Toronto, Canada-based trucking conglomerate Vitran Corp. said its second quarter net income increased 61% to $4.4 million on 12% higher revenues of $93.9 million. Profits for the first half of 2004 went up 46% to $6 million on revenues of $181.1 million compared to the same periods in 2003. ...
Supreme Corp recognized as top volume supplier in U.S. by General Motors
General Motors recently announced that Supreme Corporation is General Motors' top body manufacturer for Chevy and GMC cutaway van chassis in the United States, with volume topping all other suppliers across the country....
Judge dismisses GM lawsuit against Steel Dynamics
Steel Dynamics, Inc. announced that a Michigan circuit court judge has dismissed General Motors Corporation's lawsuit against SDI over an alleged multi-year steel purchase agreement. ...
FFE on the rebound
Dallas-based refrigerated carrier Frozen Food Express Industries said its net income jumped 37% to $3.49 million on 9.3% higher revenues of $113.3 million in the second quarter of 2004 compared to the same period last year. For the first half of 2004, net income more than doubled to $5.43 million as revenue increased by 11.1% or $21.8 million. ...
Chariot Manufacturing announces new market for its trailers
American Commerce Solutions, Inc. today announced that its subsidiary, Chariot Manufacturing Company, Inc., is developing a trailer specifically designed for the landscape business. ...
Utilimaster Corporation announces price increase
Effective August 2, Utilimaster Corporation raised prices on all Truck Body and Walk-in Van product lines. ...
Diesel sets record high at $1.78
National diesel prices averaged $1.78 per gallon last week, setting a new record since the Energy Information Administration began gathering pump price data in 1994. The last record set was in March 10, 2003, when diesel prices hit $1.771 per gallon. ...
Good times for CNF, Con-Way
Transportation conglomerate CNF Inc. and its LTL subsidiary Con-Way Transportation posted solid revenue and profit gains in the second quarter. Con-Way's operating income reached all-time record highs and gave much needed support to CNF's third-party logistics businesses....
NTEA slates economic outlook
The National Truck Equipment Assn. (NTEA) will hold its annual Economic Outlook Conference (EOC) on September 22 at the Hyatt Regency Dearborn (MI). ...
Profits slip at USA Truck
Despite reporting record revenues for the second quarter, Van Buren, AR-based truckload carrier USA Truck has announced its profits have dropped over 27%. The company said this is largely due to idle equipment owing to a lack of drivers and high fuel costs exacerbated by the lower fuel economy of post-'02 engines. ...
Troxell Trailer announces Jack Olsta Company as Master Dealer
Troxell Trailer Manufacturing LLC, a leading manufacturer of carbon steel vacuum and transport tank trailers, has announced that the Jack Olsta Company will begin selling Troxell vacuum and transport trailers as Troxell’s “Master Dealer”. ...
Test engineers aim at ‘07
LOVELAND PASS, CO – At the halfway point of a two-week “summer road test” conducted by Freightliner LLC engineers, over half a dozen of the company’s trucks are trundling up and over the 11,900-ft Continental Divide. Onboard computers record in minute detail between 75 and 100 data individual streams of data – engine temperature, road speed, fan on/off time – all in an effort to gain insight into the issues that could face truck OEMs as the 2007 emission rules draw ever closer. ...
Marten sees profits rise despite pressures
Truckload carrier Marten Transport has announced that its profits rose substantially for the second quarter and first half of 2004 -- despite the bottom-line impact of high fuel prices and a worsening driver shortage. ...
Freightliner CEO reports strong results
Freightliner president & CEO Rainer Schmueckle, addressing the media in a phone interview today, reported strong results from its commercial vehicle activity for the first half of 2004, and expressed confidence in strong truck sales for the remainder of the year. ...
C.H. Robinson sees income, revenue growth
Third-party logistics firm C.H. Robinson said net income for the second quarter increased 18.6%, to $32.3 million; revenues increased 16.2%, to of $158.1 million. ...
Knight profits up 27.5%
Truckload carrier Knight Transportation said its net income shot up 27.5% to $11.4 million on 22.5% higher revenues of $100.2 million in the second quarter. Net income for the first half of 2004 increased 29.3% to $20.7 million on 22.6% higher revenues of $155.3 million compared to the same periods last year. ...
