House Transportation Funding Leaders Unveil Fiscal 2016 Bill
The transportation funding panel in the House on April 28 released legislation that would provide $572 million for the Federal Motor Carrier Safety Administration, the agency that oversees the trucking industry.
April 28, 2015Southern California Truckers Strike Enters Second Day
Truck drivers at the ports of Los Angeles and Long Beach continued a strike against four fleets, including two controlled by XPO Logistics, for a second day April 28.
April 28, 2015Appeals Court Dismisses Challenge to Federal Truck GHG Emissions Standards
An appeals court has dismissed a legal challenge to federal greenhouse-gas emissions and fuel-efficiency standards for medium and heavy trucks by a California construction company and the California Construction Trucking Association.
April 28, 2015Daimler Trucks Reports Stronger First-Quarter Results, Led by North American Market
The truck division of Daimler AG reported stronger financial results for the first quarter, led by continued sales growth in the North American market.
April 28, 2015UPS Earnings Rise 13% to $1.03 Billion
UPS Inc. raised net income 13% to $1.03 billion, or $1.12 per share, in the first quarter as profitability improved in the package, international and supply chain units.
April 28, 2015Cummins’ 1Q Profit Rises on Higher North American Engine Sales
Engine maker Cummins Inc. said first-quarter profit rose on higher engine sales in North America.
April 28, 2015EkoStinger Offers New Approach to Trailer Aerodynamics
EkoStinger said it is offering a new approach to trailer aerodynamics with a product designed to consistently enhance airflow, regardless of tandem placement and even at low speeds.
April 28, 2015Consumer Confidence Declines in April
The Conference Board’s index of consumer confidence unexpectedly decreased to 95.2 in April from 101.4 a month earlier, the New York-based private research group said April 28.
April 28, 2015April 27 Earnings Roundup: Swift, C.H. Robinson
Swift Transportation Co. and C.H. Robinson Worldwide Inc. reported higher first-quarter earnings, continuing the broad trend toward improved results in the truckload and logistics sector.
April 27, 2015Diesel Price Rises for Second Week, Gaining 3.1¢ to $2.811
Diesel’s national average price rose 3.1 cents to $2.811 a gallon, the second consecutive increase, while gasoline jumped to a five-month high, the Department of Energy reported April 27.
April 27, 2015