rail News Updates

Business, Logistics

Trailer Orders Jump 59% in May as Backlogs Continue to Pile Up

New commercial trailer net orders jumped 59% in May from the same month last year, ACT Research Co. reported, adding that the market was “continuing a healthy rebound from a very weak 2009.â€

July 5, 2010
Business, Logistics

New Approach to Trailer Aerodynamics Increases Fuel Economy, SmartTruck Says

SmartTruck, a company founded by aerospace engineers, has received approval from the U.S. Environmental Protection Agency for trailer attachments that it said could improve over-the-road fuel efficiency by up to  11% and that it soon would begin manufacturing them.

June 23, 2010
Business, Logistics, Equipment

Wabash Begins Production on 350 Reefers for Frozen Food Express

Trailer maker Wabash National Corp. said it has begun production on 350 new refrigerated van trailers for Frozen Food Express Industries, to be completed by September.

June 22, 2010
Business, Logistics

LaHood Boosts Funds for Freight Rail; Says Aid Will Also Help Passenger Service

ARLINGTON, Va. — Transportation Secretary Ray LaHood said the Obama administration is spending money on freight rail projects to bolster its push for high-speed intercity passenger rail.

June 21, 2010
Business, Logistics

April Trailer Orders Rise 3%; Backlog Hits 20-Month High

April trailer orders rose 3% from 2009 levels, and the backlog at trailer factories working to fill those orders rose to its highest level in 20 months as demand for equipment continued to exceed build rates, ACT Research Co. reported.

June 7, 2010
Business, Logistics

Trailer Manufacturers Group Names New President

The Truck Trailer Manufacturers Association named Jeff Sims to succeed Richard Bowling as the group’s president, effective July 1.

June 4, 2010
Business, Logistics

Trailer Bridge’s 1Q Loss Narrows

Trailer Bridge Inc. lost $308,000, or 3 cents a share, in the first quarter, compared with a loss of $768,000, or 6 cents, a year ago.

May 18, 2010
Business, Logistics

Trailer Orders Jump 165% as Fleets See Freight Growth

Trailer orders in March soared 165% over the comparable month of 2009, ACT Research Co. reported last week, as the strengthening economy and the brighter picture for the freight industry drove fleets to boost orders over dismal year-ago levels for the sixth month in a row.

May 3, 2010
Business, Logistics

Norfolk Southern’s Profit Jumps

Norfolk Southern Corp. reported that its first-quarter profit rose 45% from a year ago.

April 28, 2010
Business, Logistics

Canadian Pacific’s 1Q Profit Improves

Canadian freight railroad Canadian Pacific’s first-quarter net income jumped 74% to C$99.8 million, or 59 cents per share, from C$57.3 million, or 36 cents, a year earlier.

April 28, 2010