Meritor Reports Net Income of $49 Million, Up 188 Percent Year Over Year
Meritor, Inc. reported strong financial results for its third fiscal quarter ended June 30, 2012, with net income of $49 million, compared with $17 million for the third quarter of 2011.
Celadon Group Reports Net Income of $9 Million Due to Reduced Costs
Celadon Group Inc. reported profits for the second quarter of 2012, with net income of $9.0 million, up from $5.5 million in the same period in 2011. Revenue increased 4.0% to $157.5 million in the 2012 quarter from $151.2 million in the 2011 quarte…
Arkansas Best Corp. Posts Profit of 11.8 million for Second Quarter of 2012
Arkansas Best Corp. announced its net income for the second quarter of 2012 was $11.8 million, which is an improvement over its net income of $5.3 million in the second quarter of 2011.
Navistar’s Engine Plans Include Cummins, but Its Financial Losses Continue
Navistar International Corp. said its switch to diesel exhaust aftreatment will include use of Cummins liquid urea injection equipment, and that it will offer the Cummins ISX15 engine in some truck models beginning in January.
What Do You Get For Winning A Truck Driving Championship? [Video]
The 75th annual National Truck Driving Championship won’t feature a race. There will be no drifting.
Fatal Bus Crash Underscores Need for Fatigue Management Programs, NTSB says
As a consequence of a fatal bus crash last year, the National Transportation Safety Board is urging the Federal Motor Carrier Safety Administration to be more assertive in monitoring fatigue management programs.
Comdata now Processing Cardless Fuel Transactions
Comdata is now processing live customer transactions via its cardless fueling technology. The first transaction occurred at the Love’s Travel Stop in Pauls Valley, Okla.
Trucker arrested for reckless driving in Ore.
The Oregon State Police arrested a commercial truck driver who hit equipment and almost struck a work crew at the Salt Creek Tunnel construction site on Highway 58.
All Ontario Transport’s Stuart Sinclair dies
TORONTO, Ont. — All Ontario Transport’s Stuart Sinclair has died, according to an announcement from the Toronto Trucking Association (TTA). Sinclair, aged 60, passed away peacefully at Mackenzie Health Aug. 1, according to the TTA.
July Orders for Class 8 Trucks Very Weak
FTR Associates has released preliminary data showing July Class 8 truck net orders at 12,568 units, the lowest month for orders since August 2010 and 32% below the same month last year.