OEMs project solid Class 8 sales
Interviews with the major Class 8 truck manufacturers find that most think orders should remain strong for the balance of 2004 and into 2005 after a slight slowdown this summer, with most fleets buying trucks to replace aging equipment rather than add capacity. ...
Trucking industry expands as U.S. economy slows
Although some recent indicators portray an economy whose expansion may be cooling down, the trucking industry is now experiencing tight capacity from driver shortages and mounting backlogs for new Class 8 truck orders. According to Chris Brady, president of Commercial Motor Vehicle Consulting, the momentum of the first half of the year should sustain the economy throughout the second half. ...
Caterpillar engineers named Inventors of the Year for work on ACERT technology
Caterpillar Inc.’s Jim Weber and Scott Leman today were named National Inventors of the Year for 2004 by the Intellectual Property Owners Association. Weber and Leman were team members of the extended group of Cat employees who created the company's breakthrough ACERT Technology, which significantly reduces Caterpillar diesel engine emissions. ...
Schneider National receives carrier award
Schneider National Inc. received Georgia-Pacific's Dedicated Carrier of the Year Award for 2003, accepting the award during Georgia Pacific's annual carrier conference in Green Bay, Wis....
Diesel up 2.4 cents
The average price for a gallon of diesel jumped 2.4 cents to $1.74 per gallon last week, with all regions in the U.S. posting increases. ...
Sliding Systems to open new facility in Michigan
Sliding Systems, Inc broke ground on its new 36,800-square-foot production facility in Haslett, Michigan....
Dana to sell automotive aftermarket business to Cypress Group
Dana Corporation announced today that it has signed a definitive agreement to sell its automotive aftermarket business to The Cypress Group for approximately $1.1 billion in cash....
Timken secures bearing order for Liebherr's largest mining truck
The Timken Company announced today that it was selected as the supplier for the wheel bearings on the world's largest mining truck, the new Liebherr T282 B. Measuring 24 feet high, 29 feet wide and 47 feet long, the Liebherr truck has a payload of 399 tons. ...
Freight demand fuels trucking profits
Freight demand remained very strong in this year’s second quarter, as motor carriers, ports, and even railroads continue to report record demand and – in some cases – rising profits. ...
Roadway Express offering guaranteed delivery time
Roadway Express says it now guarantees delivery within any size time window requested by a customer. Part of the carrier’s Time-Critical suite of services, the new Multi-Day Window service ensures that shipments won’t arrive early or late. ...
Firetruck manufacturer building new plant
Seagrave Fire Apparatus is building a new manufacturing plant on its current site in Clintonville, Wisconsin. ...
Light truck sales mixed
Sales of light trucks were decidedly mixed at the midpoint of 2004, with Japanese pickup manufacturer Nissan making strong gains at the expense of Ford and General Motors. ...
E-One to close Saulsbury plant
The Saulsbury Fire Rescue plant is scheduled to close its plant near Syracuse, New York, before the end of this year. ...
SAE tackles heavy truck safety
Two technical symposia on heavy truck safety and handling are being organized by SAE, the international organization of automotive engineers. ...
Fleets see first diesel price hike in five weeks
The national average price of diesel fuel rose for the first time in five weeks-- by 1.6 cents a gallon, according to the Energy Information Administration (EIA). ...
CEO confidence slips
A survey of over 100 CEOs by The Conference Board finds their confidence in the U.S. economy dipped to 70% in the second quarter after surging to 73% in the first quarter of this year. However, the Board stressed a reading of over 50 reflects more positive than negative indicators....
Truck tonnage slip belies robust growth
Truck freight dropped 1.4% in May, according to the American Trucking Associations’ (ATA) advanced seasonally adjusted trucking tonnage index. However, ATA pointed out freight volume remains high when calculated on a year-over-year basis. ...
Polk offers used-truck information
Subscribers to the new Polk Used Truck MarketView can get now get transaction data when registered commercial vehicle VINs change name and location. ...
Stock split reflects carrier’s confidence
The decision by Phoenix-based truckload carrier Knight Transportation to offer a 3-for-2 stock split on all shares of its outstanding common stock shows that the company is “confident” that the freight market should remain robust for at least the next year or two....
Patriotic order: 1,776 Great Dane vans sold
In commemoration of Independence Day, a Wisonsin fleet buys 1,776 Great Dane vans....
Supreme Corp building 75 vans for dot.com fleet
Safeway.com, the online division of the Pleasanton, California grocery chain, is expanding its home-delivery fleet with the addition of 75 customized refrigerated trucks bodies manufactured for the company by Supreme Corporation. ...
Kenworth adds Caterpillar C15
The Caterpillar C15 engine, with 625 and 600 horsepower ratings, is now available in Kenworth¹s classic W900L long-nose conventional...
HazMat truckers flagged
According to the Transportation Security Administration (TSA), background checks on 2.7-million truck drivers licensed to haul hazardous materials have turned up 29 drivers with possible connections to terrorists. ...
Manac Group completes sale of trailer division
The Canam Manac Group announced today it has finalized the sale of the assets of its trailer manufacturing division for $66.5 million....
FMCSA Finalizes HazMat Permit Rule
The Federal Motor Carrier Safety Administration (FMCSA) will implement a safety permit program for carriers hauling hazardous materials in interstate and intrastate commerce, as outlined in the final rule published in the Federal Register....
