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Business: Page 932
Business
NationaLease announces Leadership Circle Awards recipients
NationaLease, a full-service truck leasing organization, announced the 2011 recipients of its Leadership Circle Awards at its 67th Annual Meeting held recently in Chicago. The awards were presented to 34 NationaLease member companiesthat have demonstrated an exemplary commitment to system involvement and leadership. Companies are chosen based on their participation in NationaLease programs, fleet growth, […]
October 30, 2011
Business
FedEx Express named among top 5 of the World’s Best Multinational Workplaces
The Great Place to Work Institute announced that FedEx Express has been named as one of the top five global companies to work for in its inaugural ranking of the World’s Best Multinational Workplaces. FedEx was selected for the recognition from among the 350 multinational companies in 45 countries that were included in Great Place […]
October 30, 2011
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Business
Jacobs Vehicle Systems develops Bridge Brake technology
Jacobs Vehicle Systems, a supplier of heavy-duty engine retarding and valve actuation solutions, announced that it has developed a new integrated engine braking technology that integrates the functionality of a standard compression release brake into the ultra-small footprint of a valve bridge. In response to the global engine suppliers’ drive to minimize weight and space […]
October 30, 2011
Business
Detroit Diesel develops driver training video series
Detroit Diesel launched the first of its new four-part driver training video series. Available at www.detroitdiesel.com and www.youtube.com/ demanditall, the videos were developed to help drivers enhance their engine’s performance. The four videos include general product background on Detroit Diesel’s DD13, DD15 and DD16 family of engines; guidelines on driving for optimal fuel economy and […]
October 30, 2011
Business
Fontaine Modification launches new Website
Fontaine Modification Co., a provider of truck modification services for OEMs, dealers and fleets throughout North America, has redesigned and updated its Website at www.fontainemod.com. Nearly 100 photos, including numerous “before and after” examples of truck modifications, have been added to demonstrate the company’s range of services. The new Website also offers detailed information regarding […]
October 30, 2011
Business
Gold Eagle offers Heet Diesel Winter Treatment
Gold Eagle’s Heet Diesel Winter Treatment is formulated to protect diesel engines during cold weather by preventing fuel gelling while cleaning and protecting the fuel system. The solution, enhanced with cetane booster to facilitate faster starts and improved fuel economy, treats up to 35 gallons of fuel.
October 30, 2011
Business
Oil Eater’s brake washer doesn’t need electricity
Oil Eater’s air-powered professional brake washer is designed to clean brake parts without using electricity. It can be used on alignment lifts, ramp lifts or on the floor and also can be used as a portable parts washer. The brake washer includes a cover that also functions as a catch basin.
October 30, 2011
Business
Goodyear names Pillow director of business solutions
The Goodyear Tire & Rubber Co. has named Mark Pillow director of business solutions for Goodyear Commercial Tire Systems, where he will oversee Goodyear’s business solutions portfolio, including the company’s fleetHQ program, on-highway operations and retreaded tire business. A 25-year Goodyear veteran, Pillow most recently served as director of commercial systems and off-highway tires for […]
October 30, 2011
Business
FMCSA unable to publish final hours rule by court deadline
The Federal Motor Carrier Safety Administration on Friday, Oct. 28, announced that it would not be able to publish its final rule for truck drivers’ hours of service by Friday’s court-imposed extended deadline. “The petitioners have agreed to extend the October 28, 2011, deadline for publication of a final hours-of-service rule,” the agency said in […]
October 28, 2011
Business
Old Dominion posts record 3Q revenue
Old Dominion Freight Line Inc. on Thursday, Oct. 27, said revenue for the third quarter ended Sept. 30 was a record $494.5 million for the quarter, an increase of 24.9 percent from $396.0 million for the third quarter of 2010. Net income increased 58.4 percent to $38.6 million from $24.4 million. The company’s operating ratio […]
October 27, 2011
Business
P.A.M. Transportation records 3Q $1.7M net loss
P.A.M. Transportation Services Inc. on Thursday, Oct. 27, reported a net loss of $1.70 million for the third quarter ended Sept. 30 and a net loss of $2.99 million for the nine-month period. These results compare to a net loss of $490,727 and net income of $455,403 for the three and nine months ended Sept. […]
October 27, 2011
Business
Universal Truckload nearly doubles 3Q profit
Universal Truckload Services Inc. on Thursday, Oct. 27, said operating revenues for the 13 weeks ended Oct. 1 increased 19.9 percent, or $31.1 million, to $187.5 million from $156.5 million for the 13 weeks ended Oct. 2, 2010. The company’s operating ratio improved 150 basis points to 95.5 percent from 97.0 percent. Income from operations […]
October 27, 2011
Business
Pacer sextuples 3Q net income
Pacer International Inc., an asset-light North American freight transportation and logistics services provider, on Thursday, Oct. 27, said revenues for the third quarter ended Sept. 30 increased by 3.0 percent to $375.8 million. Intermodal revenues improved by $46.5 million or 18.2 percent, while logistics revenues decreased by 32.6 percent to $73.7 million, primarily due to […]
October 27, 2011
Business
Echo Global Logistics touts record 3Q results
Echo Global Logistics Inc. on Thursday, Oct. 27, reported record gross revenue of $159.0 million in the third quarter of 2011 ended Sept 30, an increase of 40 percent compared to revenue of $113.5 million in the third quarter of 2010. Non-GAAP operating income was a record $5.3 million, an increase of 76 percent compared […]
October 27, 2011
Business
YRC Worldwide can remain listed on NASDAQ – with conditions
YRC Worldwide Inc. on Thursday, Oct. 27, announced that it received a positive determination from the NASDAQ Hearings Panel granting the company’s request to remain listed on The NASDAQ Stock Market. In its decision, the panel indicated that it had determined to exercise its discretionary authority to apply NASDAQ’s financial viability exception retroactively to the […]
October 27, 2011
Business
Legislation would clarify agricultural HOS exemption
Four agriculture groups on Thursday, Oct. 27, voiced their support for legislation that would clarify transportation regulations that are critical to the agricultural sector’s ability to distribute farm supplies expeditiously. U.S. Reps. Sam Graves (R-Mo.) and Blaine Luetkemeyer (R-Mo.), along with 38 additional congressional co-sponsors, introduced the legislation intended to resolve questions regarding the applicability […]
October 27, 2011
Business
Medium-duty engine reliability, quality critical, J.D. Power survey shows
As competition intensifies in the medium-duty engine market, quality and reliability remain the most important aspect of overall satisfaction, according to the J.D. Power and Associates 2011 U.S. Medium-Duty Truck Engine and Transmission Customer Satisfaction Study released Thursday, Oct. 27. The study, now in its fourth year, measures customer perceptions of 2010 model-year Class 5-7 […]
October 27, 2011
Business
Love’s opens new travel stop in Ottawa, Kan.
Love’s Travel Stops has opened a new travel stop in Ottawa, Kan., at Interstate 35, Exit 183. The Ottawa Love’s includes a Hardee’s restaurant, 70 truck spaces, diesel exhaust fluid dispensers at the diesel islands, CAT scales, five showers, a game room and other amenities. A Love’s Truck Tire Care center located onsite at the […]
October 27, 2011
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Marten Transport CEO stepping down, Randy Marten to return
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