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Business: Page 1112
Business
Covenant swings to 4Q, full-year profit
Covenant Transportation Group Inc. on Wednesday, Jan. 26, announced financial and operating results for the fourth quarter and year ended Dec. 31. For the quarter, total revenue increased 3.9 percent to $163.9 million from $157.8 million in the same quarter of 2009. Freight revenue excluding fuel surcharges increased 0.6 percent to $136.6 million from $135.8 […]
January 26, 2011
Business
Heartland chairman/CEO takes leave of absence for health reasons
The board of directors of Heartland Express Inc. on Wednesday, Jan. 26, announced that Russell Gerdin, chief executive officer and chairman of the board, will take a leave of absence for health reasons. Michael Gerdin, president and director, will assume Russell Gerdin’s responsibilities in his absence and additionally will act as board chairman. “The Gerdin […]
January 26, 2011
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Business
Calstart task force calls for incentives to grow advanced truck industry
Calstart announced Wednesday, Jan. 26, that a task force of more than 40 truck industry leaders from fleets, the manufacturing sector and suppliers called for performance-based incentives and policies to accelerate American leadership in the global advanced truck market. Calstart says their recommendations are part of a report called “Speeding High-Efficiency Truck Adoption.” The top […]
January 26, 2011
Business
Maryland initiative launches 143 diesel-electric hybrid Freightliners
The Maryland Energy Administration, the U.S. Department of Energy, Daimler Trucks North America and other participants announced the deployment of 143 Freightliner clean diesel-electric hybrid and Freightliner Custom Chassis clean diesel-hydraulic hybrid trucks at a ceremony in Baltimore. “We congratulate the partners in the Maryland Hybrid Truck Initiative on their launch today of the largest […]
January 26, 2011
Business
L-3 MPRI customizes distracted driving lesson for Schneider National
L-3 MPRI – a provider of integrated training solutions that include simulation-based training systems, services and training facilities – announced it has delivered a custom training solution on distracted driving to Schneider National. The fully interactive lesson, which will be rolled out to Schneider’s fleet of 13,000-plus drivers in the first quarter of 2011, is […]
January 26, 2011
Business
Shamrock Foods takes delivery of 50,000th Volvo with stability tech
Volvo Trucks North America recently celebrated the success of its Volvo Enhanced Stability Technology with the delivery of the 50,000th VEST-equipped truck to Shamrock Foods of Phoenix. VEST is a full electronic stability program designed to assist the driver in maintaining control during emergency maneuvers and braking events, reducing the likelihood of a rollover or […]
January 26, 2011
Business
Cat dealers ready for service, sales support for new vocational trucks
Caterpillar announced that its North American Cat dealer network will be fully prepared to offer whole-truck service and sales support for the company’s first ever-Cat Vocational Truck, the Cat CT660. Caterpillar says that since announcing the new line of on-highway Class 8 Cat Trucks in 2008, personnel at all 54 U.S. and Canadian dealerships – […]
January 26, 2011
Business
Bendix opens new actuator manufacturing facility in Acuna, Mexico
Bendix Commercial Vehicle Systems on Wednesday, Jan. 26, celebrated the grand opening of its new actuator manufacturing facility based in Acuña, Mexico. The new facility marks the opening of the third manufacturing plant, expanding its Acuña operations. The Acuña III site, located near the Bendix Acuña I and Acuña II plants, manufactures actuator products, including […]
January 26, 2011
Business
FleetPride acquires Page Brake locations
FleetPride Inc., an independent aftermarket distributor of heavy-duty truck and trailer parts, announced that it has acquired the assets of two New Mexico operations from Page Brake, including locations in Albuquerque and Aztec. FleetPride also announced that it has acquired the assets of two Page Brake locations in Missouri, previously operating under the name of […]
January 26, 2011
Business
Teletrac updates Fleet Director telematics solution
Teletrac, a provider of real-time data and online analytics for safety, announced the release of Fleet Director 8.2, the company’s fleet management telematics solution. Fleet Director 8.2 is designed to give flexible new at-a-glance dashboards and safety scorecards to help monitor driving behavior and safety performance for individual drivers, user-defined groups of vehicles and the […]
January 26, 2011
Business
Bosselman Boss Shops opens 6 new facilities
The Bosselman Family of Companies and Bosselman Boss Shops announced six new Boss Shop locations: five former Q Fix Truck Service Shops with locations in Kentucky and southern Indiana, and a former Flying J Shop location in Pennsylvania. The new Boss Shop locations include Corbin, Pendleton and Lebanon Junction, Ky.; Memphis and Evansville (Haubstadt), Ind.; […]
January 26, 2011
Business
Phillips newsletter discusses coiled electrical cable measurement
The January issue of “Qwik Tech Tips” discusses measuring techniques to determine the proper coiled electrical cable length for tractor-trailer combinations. Length is one of the most important issues in a coiled electrical cable – if it’s too short, it could pull out at the average turn, and if it’s too long, it can drag […]
January 26, 2011
Business
Monthly tonnage index up 2.2% in December, year-over-year up 4.2%
The American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index increased 2.2 percent in December after falling a revised 0.6 percent in November. The latest improvement put the adjusted index at 111.6 in December, the highest level since September 2008. In November, the adjusted index equaled 109.2. The nonadjusted index, which represents the change […]
January 25, 2011
Business
TransCore’s 4Q spot market freight index strongest since 2005
TransCore announced that its North American Freight Index that monitors spot market truckload freight movement throughout the United States and Canada ended the year with a 55 percent increase when compared to December 2009. TransCore says spot market freight volumes for the third and fourth quarters in 2010 are the highest since 2005, a peak […]
January 25, 2011
Business
Swift reports smaller 4Q net loss
Swift Transportation Co. on Tuesday, Jan. 25, announced that operating revenue for the fourth quarter ending Dec. 31 increased 16.8 percent to $780.4 million compared to $668.3 million for the corresponding quarter of 2009. Excluding fuel surcharge revenue, net revenue increased to $661.6 million, up 13.8 percent for the largest quarterly year-over-year increase in more […]
January 25, 2011
Business
Marten posts 22.2% increase in 4Q profit
Marten Transport on Tuesday, Jan. 25, reported a 22.2 percent increase in net income to $5.2 million for the fourth quarter ended Dec. 31, from $4.3 million for the fourth quarter of 2009. For 2010, net income increased 21.4 percent to $19.7 million from $16.3 million for 2009. Operating revenue, consisting of revenue from truckload […]
January 25, 2011
Business
Celadon says 2Q net income up 190%
Celadon Group on Tuesday, Jan. 25, reported its financial and operating results for the three and six months ended Dec. 31, the second fiscal quarter of the Indianapolis-based company’s fiscal year ending June 30, 2011. Revenue for the quarter increased 4.6 percent to $133.1 million in the 2010 quarter from $127.2 million in the 2009 […]
January 25, 2011
Business
Builders Transportation orders 120 SCR-based Mack Pinnacle sleepers
Flatbed carrier Builders Transportation Co. recently placed an order for 120 Mack Pinnacle sleepers built with U.S. Environmental Protection Agency 2010-certified Mack MP engines, the truck maker announced. Mack says the new order, along with an order last year for 45 Pinnacle models, will shift Builders’ fleet mix to 50 percent Mack trucks. The company […]
January 25, 2011
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