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CCJ Top 250
Business: Page 888
Business
Briggs International to acquire Hyster Lift Truck assets
Briggs International announced that its subsidiary, Briggs Equipment, has executed a letter of interest to acquire a portion of Barloworld Handling’s assets. With this acquisition, Hyster Co. will appoint Briggs as an authorized dealer for the sales and service of Hyster brand lift trucks in a portion of Barloworld’s territory. Briggs says Barloworld Handling has […]
January 26, 2012
Business
New Life names Martineau VP/operations
New Life announced that Dennis Martineau has joined the company as vice president of operations. Martineau is a 25-year veteran in the transportation industry with experience in all phases of the company’s business. Most recently, he was a senior executive for Aurora Parts and previously served as president of Trailmobile Parts and Service Corp. “He […]
January 26, 2012
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Business
Michelin renews ‘Back on the Road’ support
Michelin Americas Truck Tires will continue to support Arrow Truck Sales’ “Back on the Road Program” as a 2012 sponsor. The Back On The Road program provides one deserving truck driver with a truck and a job to get him or her back on the road — as well as many more prizes designed to […]
January 26, 2012
Business
ATA: Obama’s infrastructure plans need funding
The American Trucking Associations on Wednesday, Jan. 25, said the Obama administration and Congress need to focus on finding real money following comments made by the president during his State of the Union address regarding infrastructure funding. “As users of America’s highways, ATA was heartened to hear President Obama once again highlight the need to […]
January 25, 2012
Business
TransCore’s year-over-year freight index up 11%
TransCore announced that its North American Freight Index in December climbed 11 percent compared to December 2010 on the spot market, marking the second-highest freight volume for December since 2005. December’s index was the fourth consecutive month where same-month volume was the highest since the record-setting levels of 2005. TransCore’s monthly North American Freight Index […]
January 25, 2012
Business
Celadon’s 2Q earnings up 86.2%
Celadon Group on Wednesday, Jan. 25, announced that revenue for the second quarter increased 6.3 percent to $141.5 million in the 2011 quarter from $133.1 million in the 2010 quarter. Freight revenue, which excludes fuel surcharges, increased to $112.4 million from $111.6 million. Net income increased 86.2 percent to $5.4 million from $2.9 million. The […]
January 25, 2012
Business
Knight says 4Q net income up 22.7%
Knight Transportation on Wednesday, Jan. 25, announced that total revenue for the fourth quarter of 2011 increased 19.0 percent to $224.1 million from $188.3 million for the same quarter of 2010. Revenue before fuel surcharge increased 14.6 percent to $181.0 million compared to $158.0 million. Net income increased 22.7 percent to $17.5 million compared to […]
January 25, 2012
Business
Swift swings to 4Q profit
Swift Transportation Co. on Wednesday, Jan. 25, announced fourth-quarter net income of $36.8 million compared with a net loss of $48.3 million during the same period in 2010. Operating revenue rose 10 percent to $860.7 million. The Phoenix-based company said its fourth-quarter results were attributable to improved pricing and strong freight volumes during the holiday […]
January 25, 2012
Business
Stevens Transport to equip 2,000 tractors with Qualcomm’s MCP200
Stevens Transport, a Dallas-based refrigerated carrier, announced that it has selected Qualcomm’s Mobile Computing Platform 200 to integrate across its fleet of about 2,000 tractors to enhance its customer service while increasing efficiency and productivity. “With the adoption of Qualcomm’s MCP200 and many of our key applications, Stevens Transport will be able to better optimize […]
January 25, 2012
Business
Equipment leasing up in December
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for December was $10.8 billion, up 20 percent from volume of $9.0 billion in the same period in 2010. Volume was up 74 percent from the previous month. […]
January 25, 2012
Business
CARB extends Truck and Bus Regulation reporting date to March 30
The California Air Resource Board announced administrative changes in implementing the reporting requirements of the Truck and Bus Regulation. The Jan. 31 reporting date is being extended to March 30 to give fleet owners more time to submit their fleet information. Reporting is required for fleet owners to take advantage of flexibility in the regulation. […]
January 25, 2012
Business
OOIDA: FMCSA ‘encouraging’ EOBR use
A federal court has given the Federal Motor Carrier Safety Administration until Feb. 6 to answer a cease-and-desist motion regarding electronic onboard recorders. On Tuesday, Jan. 24, the U.S. Court of Appeals for the Seventh Circuit issued the deadline for FMCSA’s response to the Owner-Operator Independent Drivers Association’s motion. Last August, the association successfully appealed […]
January 25, 2012
Business
Pure Power begins CGI production at Indianapolis casting facility
Pure Power Technologies, a Navistar company, announced it has begun production of compacted graphite iron cylinder blocks at its Indianapolis casting facility. The heavy-duty CGI cylinder blocks are produced using the SinterCast process control technology. The SinterCast System 3000 process control system has been configured at the Pure Power Technologies Indianapolis casting facility to provide […]
January 25, 2012
Business
Fras-le to begin producing heavy-duty lining in U.S.
Fras-le North America Inc., a friction material manufacturer, announced that it will begin producing heavy-duty lining at its friction manufacturing facility in Prattville, Ala. This is the first time that Fras-le has produced heavy-duty brake lining in the United States. The company says the $11 million investment will expand its capabilities to supply lining to […]
January 25, 2012
Business
TRW expands into independent heavy-duty aftermarket
TRW Commercial Steering Systems, a provider of power steering gears and pumps, seal kits and remanufactured steering gears, announced it expansion into the independent heavy-duty aftermarket to allow distributors to receive supply directly from TRW without having to rely on additional channels of distribution. “Our focus on expanding channels of distribution through the independent heavy-duty […]
January 25, 2012
Business
Whelen offers Micro Pioneer compact spotlight/floodlight
Whelen Engineering’s Micro Pioneer compact spotlight/floodlight is suited for fire, emergency and rescue, marine, utility, offroad and agricultural vehicles. The light, designed with a rugged diecast aluminum housing and solid-state electronics, includes four optic lenses standard for wide flood, flood, horizontal flood, spot flood and spread patterns. The lenses can be changed via four screws […]
January 25, 2012
Business
Lite-Check offers Inspector 920 tester for trailer electronics and ABS
Lite-Check’s Inspector 920 tester for trailer electronics and ABS offers an updated electronic platform designed for faster and more accurate and detailed four-line message displays with millivolt and milliamp readings for more precise circuit diagnostics. Road Stability Control ABS codes for major suppliers are included in the software; a keystroke will display ABS type, configuration, […]
January 25, 2012
Business
Dan Ryan to helm JX Peterbilt in Fort Wayne
JX Enterprises recently announced it has appointed industry veteran Dan Ryan to head the company’s two newest dealerships, JX Peterbilt – Fort Wayne and JX Peterbilt – Indianapolis. “We’re pleased Dan has accepted the General Manager role at our new JX Peterbilt facilities serving the two largest metropolitan areas in Indiana and representing Peterbilt in […]
January 25, 2012
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