Trailer manufacturers post 29% gain in first quarter
Trailer manufacturers started 2004 with a 29% gain, according to figures compiled by ACT Research LLC of Columbus, Indiana. ...
Aurora Trailer to operate new state-of-the-art aftermarket parts distribution center
Aurora Trailer Holdings LLC has announced plans to locate a new parts distribution center for its subsidiary, Aurora Parts & Accessories LLC, in the Lebanon Business Park in Lebanon, Indiana. ...
Manufacturers receive two positive signs
A pair of recent reports offer fresh evidence that the manufacturing industry is ready to climb out of its hiring slump....
Non-manufacturing index sets record
Commerce Secretary Donald L. Evans today praised the Institute for Supply Management's (ISM) non-manufacturing index that showed the strongest reading for the employment index since February 1998 and a record for the overall index....
Brisk truck sales may indicate pre-buy
Heavy-duty truck sales are on the rise, according to a report released by Americas Commercial Transportation Research Co. yesterday. In April, new orders of Class 8 trucks climbed to 38,000, a 14.5% increase from the month before — and a 146% jump from a year earlier. ...
ArvinMeritor announces agreement to sell Kenton, Ohio, facility
ArvinMeritor, Inc. announced that it has signed a definitive agreement to sell its Commercial Vehicle Systems (CVS) Kenton, Ohio, facility to a subsidiary of Sypris Solutions, Inc., which is headquartered in Louisville, Ky. ...
Wabash produces 200,000th Duraplate trailer, recognizes Schneider National
Wabash National Corp. today announced the production of the company's 200,000th DuraPlate trailer. To commemorate this milestone, the company recognized Schneider National Inc., a 17-year partner of Wabash National, for their contributions toward the achievement. ...
ArvinMeritor, Gillig to collaborate on emissions-reducing technologies
ArvinMeritor's Commercial Vehicle Systems today announced plans with Gillig Corporation, one of North America's largest producers of transit buses, based in Hayward, Calif., to collaborate on new emissions-control technologies for the North American transit bus industry....
Manufacturing report positive for trucking
The manufacturing sector expanded in April, according to the Institute for Supply Management (ISM) report released today. The purchasing manager’s index was 62.4%, a 0.1% decrease from March. Any reading above 50% indicates growth in the sector. ...
NAFTA factories roll out more trucks
According to a Wards report released Friday, truck production -- which includes light-, medium- and heavy-duty -- within the U.S. in 2004 to date is 2.75 million units, a 3.3% increase over the same period last year. ...
DaimlerChrysler posts gains in commercial vehicles
DaimlerChrysler, whose holdings include Freightliner, Sterling Trucks and Western Star Trucks, announced scoring a brisk 18% increase in unit sales to 125,800 vehicles in its commercial vehicles division for the first quarter over 1Q 2003. ...
International receives large Class 8 truck order from Heartland Express
Heartland Express, Inc., a leading truckload carrier, has placed an order for 2,800 International 9400i trucks to replace its current fleet of trucks over the next three years, International Truck and Engine Corporation announced. ...
NTEA’s Kleinstiver Institute to promote safety, technical education
The National Truck Equipment Association’s recently established Louis V. Kleinstiver Institute is dedicated to promoting commercial truck and transportation safety through research, training and seminars, and will award scholarships to post-high school students for engineering and related sciences....
Bridgestone/Firestone announces U.S., Canada price increases
Bridgestone/Firestone North American Tire, LLC and Bridgestone/Firestone Canada Inc. have jointly announced an "across the board" price increase of up to 5% on the companies' tire products sold in the replacement and original equipment markets in all channels, with the price of some sizes of off-the-road tires increasing by up to 8%. ...
Paccar earnings jump 64%
Paccar Inc. reported its first quarter net income increased 64% over 1Q 2003 to $182.2 million, while revenues increased 30% to $2.5 billion. The company noted that all segments posted strong results, including truck sales. ...
Diesel prices dip
The average retail price for diesel dropped 0.6 cents last week to $1.718, according to the Department of Energy. That breaks a six-week, 10.7-cent rising trend since March 15. ...
P.A.M. earnings down, revenues up
P.A.M. Transportation Services, Inc. a TL carrier, reported its first quarter net income fell 27.9% to $2.03 million, while revenues rose 10.7% to $77.7 million. ...
DOE picks Delphi to develop fuel cell
Delphi Corporation has been selected by the U.S. Department of Energy to help develop a solid oxide fuel cell (SOFC) auxiliary power unit (APU) for long-haul trucks and other commercial vehicles. ...
ArvinMeritor’s 2Q net income up $17 million
ArvinMeritor, Inc. today reported record sales of $2.3 billion and net income of $41 million, or $0.59 per diluted share, for its second fiscal quarter ended March 31, 2004, compared to the prior year's second-quarter net income of $24 million, or $0.36 per diluted share. ...
Toyota eyes heavy-duty pickup market
With sales of its half-ton V6- and V8-powered Tundra pickup truck line growing steadily in the United States, Toyota is considering expanding into the heavier three-quarter and one-ton pickup class. ...
Truck repos down
Repossessions of trucks and trailers in the first quarter decreased 61% over the same period last year, according to Nassau Asset Management’s NasTrac Quarterly Index (NQI). ...
Great Dane breaks ground on new facility in Texas
Great Dane Trailers announced today that it has broken ground on a new branch facility in Dallas, Texas, that will offer area customers state-of-the art service and double the capacity of the old branch location....
Revenue up, profit down for Swift
Swift Transportation Co. Inc. reported 1Q revenues increased 12.9% to $422.4 million, while net earnings decreased 28.1% to $6.4 million....
Wabash’s Greubel ‘very pleased’ with 1Q results
Wabash National Corporation president William P. Greubel said today he was “very pleased” with first-quarter results, with net sales at $222 million (compared to $223 million for the same period last year) and net income at $6.9 million (compared to $1.4 million)....
Supreme Court hears cross-border trucking case
The U.S. Supreme Court heard oral arguments today on whether an environmental impact study is needed before Mexican truckers could be granted full access to U.S. highways. ...
