Diesel鈥檚 national average retail price rose for a second straight week, increasing 2.4 cents to $3.825 a gallon, while gasoline dipped after a one-week gain, the Department of Energy said.
October 25, 2011Business
Rush Enterprises鈥 Income, Sales Jump on Higher Truck Sales
Truck dealership Rush Enterprises said its third-quarter net income improved on higher Class 8 and medium-duty truck sales.
October 25, 2011Business
Cummins Posts Higher 3Q Profit, Trims 2011 Outlook
Cummins Inc. said Tuesday its third-quarter profit rose 60% from a year ago, but the engine maker trimmed its full-year revenue outlook due to 鈥渦ncertainty around the macro-economic environment.鈥
October 25, 2011Business
Ryder鈥檚 Third-Quarter Earnings Improve
Ryder System said Tuesday its third-quarter profit increased from a year ago and raised its earnings forecast for the rest of 2011.
October 25, 2011BusinessGovernmentLogistics
Consumer Confidence Sinks to Two-Year Low
Consumer confidence dropped in October to its lowest level since March 2009, the New York-based Conference Board said Tuesday.
October 25, 2011GovernmentBusiness
CARB Declines to Extend Reefer Rule Deadline
California environmental regulators have approved a slate of amendments to fine-tune the state鈥檚 transport refrigerated unit rule, but denied a request by industry stakeholders to push back compliance deadlines by extending the useful life of the units from seven to nine years.
October 25, 2011BusinessTechnology
iTECH: Fleets See Greater Productivity, Profits From Refrigerated Trailer Tracking
When Stevens Transport Inc. went looking for a tracking system for its refrigerated trailers, at the top of its wish list was technology that not only would send a report about problems with the reefer but also would allow the company to take care of the trouble on the fly.
October 25, 2011Business
Landstar鈥檚 Third-Quarter Income Rises
Landstar System said Monday its third-quarter net income rose to $30.2 million, or 64 cents a share, from $21.8 million, or 44 cents, a year ago.
October 24, 2011BusinessTechnology
Eaton Posts Record 3Q Earnings Per Share
Truck and auto components maker Eaton Corp. said Monday it posted record third-quarter earnings per share, up 37% from last year.
October 24, 2011Business
Volvo Plans Truck Investments in China, India
Volvo AB is planning investments in India and China to bolster its truck business and meet demand from those markets, Bloomberg reported Monday, citing a company executive.
October 24, 2011