trucks News Updates

Business

Truckload Profits Rise Sharply as Rate Increases Accelerate

Third-quarter earnings rose sharply at four publicly traded truckload companies, as they were able to accelerate the pace of rate increases in a steady freight market.

October 25, 2010
Business

ATA Seeks Financial Support for Capitol Hill Office

PHOENIX 鈥 To pay down some of the debt incurred to build its new Capitol Hill office complex, American Trucking Associations is offering members the chance to purchase commemorative pavers on the building鈥檚 rooftop patio.

October 25, 2010
Business

Class 8 Truck Orders Jump 37% in September, ACT Says

September orders of Class 8 trucks totaled 15,231 鈥 up 37% from a year ago, according to a report by ACT Research Co.

October 22, 2010
Business

USA Truck Returns to Profit in 3Q

USA Truck Thursday reported a $600,000 profit in the third quarter, compared with a $1.6 million loss a year ago.

October 22, 2010
Business

ATA Taps Former Staffer Phillips to Be Federation鈥檚 Top Lobbyist

American Trucking Associations said it has hired Mary Phillips as its new senior vice president of legislative affairs.

October 17, 2010
Business

Class 8 Truck Sales Rise 21%

A strong surge by Freightliner Trucks helped lead heavy-duty U.S. retail truck sales to a 21% increase in September, the ninth straight month of improved Class 8 sales from last year, WardsAuto.com reported.

October 17, 2010
Business

Integrated Freight Buys Wichita Truckload Carrier

Integrated Freight has acquired refrigerated truckload carrier Bruenger Trucking Co. for $11 million, the companies said.

October 14, 2010
Business

Used Truck Sales Rise as Dealers Buy Aggressively

Used-truck dealers, facing a dearth of late-model, low-mileage vehicles after large fleets drained the market earlier this year, shopped aggressively in August, pushing sales up 55% from year-ago levels, according to industry sources.

October 11, 2010
Business

LTL Sector Outlook Brightens as Rate Hikes Stick, Experts Say

Following recent rate increase announcements by three major less-than-truckload carriers, industry experts said the LTL sector has turned the corner toward profitability, with shipment volumes, tonnage and rates all improving, but not yet soaring.

October 11, 2010
Business

OEMs Celebrate 鈥楽urvival,鈥 Say Business Is Improving

HANOVER, Germany 鈥 The magic word at last week鈥檚 opening of the world鈥檚 biggest truck show seemed to be 鈥渟urvival,鈥 as various manufacturers congratulated themselves and their remaining competitors for having survived the worst economic times since the end of World War II.

September 27, 2010