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Business: Page 1107
Business
EOBR suppliers not surprised by new mandate
On Jan. 31, the Federal Motor Carrier Safety Administration announced that all interstate commercial truck and bus carriers that now use logbooks to track compliance with hours-of-service regulations would have to use electronic onboard recorders (EOBRs). The only exception to the new rule is short-haul interstate carriers that use timecards to document HOS. FMCSA expects […]
February 4, 2011
Business
Trucking jobs surge with November revision
Preliminary figures show that trucking companies added 3,200 new employees on a seasonally adjusted basis in January, but the real news is that U.S. Department of Labor’s Bureau of Labor Statistics again revised upward its November 2010 estimate — this time by 8,500 jobs. The month before, BLS had added 3,000 jobs to its initial […]
February 4, 2011
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Business
FTR: January Class 8 net orders show continued strength
FTR Associates on Thursday, Feb. 3, released preliminary data showing January Class 8 truck total net orders for all major North American OEMs at 27,009 units, a 1 percent increase over the strong December 2010 activity. According to FTR, this is a marked improvement from the 6,400 units ordered one year earlier and is an […]
February 4, 2011
Business
YRC Worldwide posts 4Q profit on income tax settlement
YRC Worldwide Inc. on Friday, Feb. 4, reported net income of $23 million for the fourth quarter of 2010, including a $52 million benefit from an income tax settlement. For the full year 2010, the company reported a net loss of $322 million. As a comparison, the company reported net earnings of $120 million in […]
February 4, 2011
Business
Ryder reports higher 4Q net earnings
Ryder System Inc. on Thursday, Feb. 3, reported earnings from continuing operations for the fourth quarter of 2010 ended Dec. 31 were $41.5 million compared with $23.7 million in the year-earlier period. Ryder said the improvement reflects the impact of significantly stronger results in its Fleet Management Solutions business segment, driven primarily by better commercial […]
February 3, 2011
Business
ATA asks truckstops for help with campaign against HOS changes
As part of its effort to contest the Federal Motor Carrier Safety Administration’s Dec. 23 proposal to change the hours-of-service requirements for commercial truck drivers, the American Trucking Associations is seeking help from truckstops for its grassroots campaign aimed at helping thousands of truck drivers voice their objections to the HOS changes. ATA is asking […]
February 3, 2011
Business
MEMA comments on medium-, heavy-duty fuel efficiency standards
The Motor & Equipment Manufacturers Association recently submitted comments to the U.S. Department of Transportation and the U.S. Environmental Protection Agency regarding the agencies’ coordinated effort to establish the first-ever standards for fuel efficiency and greenhouse gas emissions for medium- and heavy-duty engines and vehicles. “Overall, our members support the administration’s approach to bring together […]
February 3, 2011
Business
Volvo Trucks Safety Award returns for third year
2011 marks the third consecutive year that Volvo Trucks will highlight the safety efforts of two fleets. Michelin again joins Volvo in sponsoring the Volvo Trucks Safety Award, focusing on the importance of highway safety for the trucking industry and all motorists. “Safety has long been a Volvo core value, and a central concern of […]
February 3, 2011
Business
Taking a look at Qualcomm’s new CSA Safety Performance Service
On Tuesday, Feb. 1, Qualcomm Enterprise Services (QES) provided this CCJ editor with an online training session for CSA Safety Performance Service, which became commercially available as of Jan. 20. Qualcomm says it developed CSA Safety Performance Service as a one-stop source of information for the Federal Motor Carrier Safety Administration’s (FMCSA) Compliance, Safety, Accountability […]
February 3, 2011
Business
TransCore releases findings, anomalies of its CSA report
TransCore announced the availability of the CarrierWatch CSA 2010 Industry Report, based on Federal Motor Carrier Safety Administration data issued Dec. 12. The FMCSA data covers all commercial vehicles subject to the new Compliance, Safety and Accountability program, but TransCore says the CarrierWatch CSA 2010 Industry Report focuses on the roughly 166,000 for-hire interstate carriers […]
February 3, 2011
Business
Weather hasn’t slowed Transflo scanning services
Pegasus TransTech announced that its Transflo Express truckstop scanning and Transflo! anywhere/anytime scanning services are unaffected by the current severe winter weather that has affected more than half the nation, shutting down interstates and airports. Both scanning services are fully operational and are delivering trip documents electronically, the company says. A large winter storm affected […]
February 3, 2011
Business
Dana completes enhancements to driveshaft lineups
Dana Holding Corp. has announced more upgrades to its Spicer Life Series heavy-duty universal joints product line. Dana introduced enhancements to its SPL-250 models in August and has followed that with recent improvements to the SPL-170 model. The new SPL-170 universal joint now features a bearing package that includes larger needle bearings, a special Viton […]
February 3, 2011
Business
Noregon teams with Vipar Heavy Duty to deliver JPRO
Noregon Systems and Vipar Heavy Duty have teamed up to add a network of authorized resellers for the Noregon JPRO, a PC-based diagnostics tool. “Vipar will give Noregon Systems a distribution portal into areas of the North America and Mexico that we have not previously covered,” says Sean Miller, director of sales for Noregon. “Their […]
February 3, 2011
Business
Freightliner introduces new ‘Severe Duty Report’ newsletter
Freightliner Trucks announced the introduction of its “Severe Duty Report” newsletter. Aimed for Freightliner vocational customers, the monthly electronic publication will highlight industry news and product developments, among other features. “In today’s fast-paced industry, we wanted to address the evolving needs and interests of our vocational customers,” says TJ Reed, director of product marketing for […]
February 3, 2011
Business
Ridewell releases four‐axle walking beam suspensions
Ridewell’s RWB‐QUAD rigid four‐axle walking beam suspensions are available in 120,000- and 200,000-pound capacities using 5- and 5¾-inch axles. Axle spacing is available in 50 and 56 inches, and beam spacing can be customized to customer requirements. The company also added new suspensions to the RAR-260 trailer suspension family. Tall-mounting-height 25,000-pound-capacity overslung RAR-260 suspensions now […]
February 3, 2011
Business
Arkansas Best posts smaller 4Q net loss
Arkansas Best Corp. on Thursday, Feb. 3, announced a fourth-quarter 2010 net loss of $3.1 million compared to a fourth-quarter 2009 net loss of $88.7 million. The fourth-quarter 2009 results included charges for goodwill impairment and supplemental pension settlements. Excluding those charges, Arkansas Best had a fourth-quarter 2009 net loss of $22.1 million. “Arkansas Best’s […]
February 3, 2011
Business
Con-way swings to 4Q profit
Con-way Inc. on Wednesday, Feb. 2, reported net income for the fourth quarter of 2010 of $2.4 million compared to a fourth-quarter 2009 net loss of $1.9 million. Revenue was $1.21 billion, an 8.7 percent increase. Operating income was $15.8 million compared to $17.3 million. For the full-year 2010, Con-way reported net income of $4.0 […]
February 2, 2011
Business
Old Dominion’s 4Q earnings up 127.8%
Old Dominion Freight Line Inc. on Wednesday, Feb. 2, announced fourth-quarter 2010 revenue increased 28.3 percent to $399.0 million from $310.9 million for the fourth quarter of 2009. Net income was $22.1 million, up 127.8 percent from $9.7 million. Old Dominion’s operating ratio improved to 90.5 percent from 93.9 percent. For the year ended Dec. […]
February 2, 2011
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