Meritor Reports Higher Profit on Lower Sales

Meritor’s sales declined, but earnings rose 18% for its fiscal quarter ended March 31. Meritor reported revenue of $1.16 billion, although analysts had expected revenue of $1.19 billion on the same basis. GAAP reported sales were 2.7% lower than the …

Bay Area Multi-Axle Vehicle Tolls to Rise July 1

California’s Bay Area Toll Authority is reminding drivers of big-rig trucks, cars, trucks hauling trailers and any other vehicles or combinations with more than two axles, that the second step in the two-phase toll increase approved in 2010 for multi-a…

Containerized Exports Rebound in March

Driven by a surge in furniture and auto parts shipments to the U.S., containerized imports in March rose 7.3% over 2011. This increase to 1.37 million 20-foot-equivalent units came on the heels of a 5.9% decline in February.

CTA’s EOBR support campaign continues

OTTAWA, Ont. — Canadian motor carriers and professional drivers from across the country have been banding together to voice their support for the mandatory implementation of electronic-on-board recording devices (EOBRs) to monitor…