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Harlin Named President of U.S. Xpress
Tue, 07 Feb 2012 19:00:00 GMT
Ray Harlin has been promoted to president of U.S. Xpress Enterprises, the truckload carrier said Tuesday.
XTRA Lease to Add 9,400 Trailers, Rebuild 1,000 More
Tue, 07 Feb 2012 15:45:00 GMT
XTRA Lease said it plans to buy about 9,400 new dry van and refrigerated trailers this year and refurbish another 1,000 flatbed trailers to extend their service life.
USA Truck Reports 4Q Loss
Tue, 07 Feb 2012 14:30:00 GMT
USA Truck reported a fourth-quarter loss of $4.4 million, or 42 cents per share, compared with a loss of $1.8 million, or 17 cents, a year ago.
Penske Plans to Hire 3,500 This Year
Tue, 07 Feb 2012 14:00:00 GMT
Penske Truck Leasing and Penske Logistics plan to hire 3,500 employees in the United States and Canada this year.
Diesel Rises 0.6¢ to $3.856; Gasoline Gains 4.8¢ to $3.482
Tue, 07 Feb 2012 13:30:00 GMT
Diesel rose 0.6 cent to $3.856 a gallon, its fourth increase in the past five weeks, while gasoline continued to climb at a faster rate, the Department of Energy said Monday.
Paccar Recalls Some Kenworth, Peterbilt Trucks Over Brake Issue
Mon, 06 Feb 2012 19:30:00 GMT
Truck maker Paccar Inc. has recalled some 2012-2013 model year Kenworth and Peterbilt trucks equipped with Bendix brake components that may leak, Bloomberg reported, citing a federal regulatory agency.
Volvo's 4Q Profit Rises; Sees Continued Strength in North American Truck Market
Mon, 06 Feb 2012 17:30:00 GMT
Volvo AB held estimates for North American and European truck markets this year as sales growth helped boost its fourth-quarter operating profit 26%, Bloomberg reported.
Gasoline Prices Seen Rising Higher by May
Mon, 06 Feb 2012 16:00:00 GMT
Gasoline prices could jump by 60 cents or more by May, USA Today reported Monday, citing fuel analysts.
Five Manufacturers on Track to Meet SuperTruck Goals
Mon, 06 Feb 2012 15:30:00 GMT
WASHINGTON - Five manufacturers are on their way toward meeting the Department of Energy's goal of increasing a truck's efficiency by 50% under the agency's SuperTruck program, a DOE official said.
Intermodal Volume Rises for Quarter, Year
Mon, 06 Feb 2012 14:00:00 GMT
Intermodal traffic volume rose 4.1% in the fourth quarter, the eighth straight quarter of year-over-year gains, the Intermodal Association of North America said.
Ryder System Debuts Next-Gen RydeSmart
Mon, 06 Feb 2012 13:20:00 GMT
Ryder System said it has launched RydeSmart 3.0, the next generation of RydeSmart, its onboard telematics system.
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