The Department of Transportation said it will delay its plan to allow Mexican trucks into the United States until U.S. trucks are allowed into Mexico, and that it will take public comments on the program this month.
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Dongfeng鈥檚 1Q Profit Jumps 24%
Dongfeng Automobile Co. said its profit increased for a third straight quarter, rising 24% as China's surging economy boosted demand for trucks and other commercial vehicles, Bloomberg reported.
April 30, 2007March Trucking Index Gains
American Trucking Associations鈥 truck tonnage index rose 1.6% in March from a year ago, marking the first year-over-year increase since June, ATA said Thursday.
April 27, 2007Truckers Concerned on New Engines鈥 Mileage, Journal Reports
Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.
April 24, 2007Michelin鈥檚 1Q Sales Gain
Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.
April 24, 2007IRS Says Fleets Face Sanctions
IRS officials told trucking executives that motor carriers must account properly for driver per-diem expenses or risk losing the tax-exempt status of the plans.
April 16, 2007Truck Stops Concerned About Supplying Urea
By Andrea Fischer, Staff Reporter
April 16, 2007Chinese Truck Maker Plans Overseas Public Listing
A Chinese truck company plans to transfer its entire stake in its China-based unit to a Hong Kong-based subsidiary in an $845 million deal, paving the way for an overseas listing of that country鈥檚 third-largest truck marker, Bloomberg reported.
April 9, 2007Daimler Sets Dealer Initiative
DaimlerChrysler Truck Financial announced a regional initiative Monday that it said will improve service to its Freightliner, Sterling and Western Star dealers in the United States and Canada.
April 9, 2007Greenhouse Ruling Could Raise Costs
The Supreme Court鈥檚 ruling that the EPA must reconsider its position to leave 鈥済reenhouse gas鈥 emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007