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Faulty Bendix Valves Installed on Around 60,000 New Trucks
A faulty brake valve produced by Bendix Commercial Vehicle Systems has been installed on as many as 60,000 Navistar Inc., Paccar Inc. and Volvo Group heavy-duty vehicles that are now in service.
Fri, 03 Feb 2012 16:00:00 GMT
ISM Services Index Jumps in January
An index of the U.S. economy's service sector rose in January at the fastest pace in nearly a year, the Institute for Supply Management said Friday.
By Transport Topics -
Fri, 03 Feb 2012 15:30:00 GMT
Railroads, Union Agree; Possible Strike Averted
The largest U.S. freight railroads reached a tentative agreement last week with a union representing track and bridge maintenance workers, eliminating the possibility of a nationwide work stoppage.
By Rip Watson - Senior Reporter
Fri, 03 Feb 2012 14:00:00 GMT
Provisions for Heavier Trucks Removed from House Transportation Bill
Provisions for heavier, longer trucks contained in a transportation reauthorization bill introduced in the U.S. House of Representatives Tuesday did not survive the bill's first hearing.
By Michele Fuetsch - Staff Reporter
Thu, 02 Feb 2012 22:30:00 GMT
Cummins' Profit Rises for 4Q, Year
Diesel engine maker Cummins Inc. on Thursday said its fourth-quarter profit rose from a year ago as sales climbed to a quarterly record.
By Transport Topics -
Thu, 02 Feb 2012 21:45:00 GMT
Weekly Intermodal Traffic Rises 5.5%
U.S. intermodal traffic rose 5.5% for the week ended Saturday from a year ago, the Association of American Railroads reported.
By Transport Topics -
Thu, 02 Feb 2012 21:45:00 GMT
Iteris Swings to Fiscal 3Q Profit
Iteris Inc., a provider of traffic management technology, said it posted a profit in its third fiscal quarter.
By Transport Topics -
Thu, 02 Feb 2012 21:30:00 GMT
Covenant Posts Fourth-Quarter Loss
Covenant Transportation Group reported a fourth-quarter loss as freight revenue declined.
By Transport Topics -
Thu, 02 Feb 2012 20:45:00 GMT
ODFL Posts Record Profits for 4Q, Year
Old Dominion Freight Line posted record revenue and earnings for both the fourth quarter and the full year, the less-than-truckload carrier said Thursday.
By Transport Topics -
Thu, 02 Feb 2012 20:00:00 GMT
Landstar's Earnings Improve for 4Q, Year
Truckload carrier Landstar System said Thursday its fourth-quarter earnings rose to $32.6 million, or 70 cents per share, from $24.1 million, or 50 cents, a year earlier.
By Transport Topics -
Thu, 02 Feb 2012 15:30:00 GMT
Ryder's Fourth-Quarter Profits Improve
Ryder System said Thursday its fourth-quarter profit improved and projected its full-year revenue will rise 4% in 2012.
By Transport Topics -
Thu, 02 Feb 2012 15:20:00 GMT
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