Michelin North America is increasing prices on passenger car, light truck and commercial truck replacement tires sold in the United States. Truck tire and retread prices will increase Dec. 1 on Michelin, BFGoodrich and Michelin… Read More »Michelin Latest Maker to Raise Truck Tire Prices
Updated: 11/23/2010 10:00:00 AM Existing home sales dropped 2.2% in October, the National Association of Realtors said Tuesday. The decrease to an annual rate of 4.43 million, from 4.53 million in September, was bigger than… Read More »Existing Home Sales Fall 2.2%
UPS has agreed to sell its UPS Logistics Technologies unit to Thoma Bravo LLC, a private equity investment firm. Len Kennedy, vice president and COO of the unit, will become the chief executive officer after… Read More »UPS Logistics Technologies to be Acquired by Thoma Bravo
Updated: 11/16/2010 9:00:00 AM Prices paid to U.S. producers rose 0.4% in October, the Labor Department said Tuesday. The increase in prices paid to factories, farmers and other producers was less than the 0.8% forecast… Read More »Producer Price Index Rises 0.4%
By Truckinginfo.com Staff A fleet safety study recently released by the Network of Employers for Traffic Safety, suggests that companies that strictly enforce their no-cell-phone policies have a lower crash rate than companies with milder… Read More »Studies Show Strict Fleet Cell Phone Policies More Effective Than State Cell Phone Laws
Updated: 11/16/2010 9:30:00 AM Trailer Bridge Inc.’s third-quarter income fell to $6,876, or zero cents per share, from $1.7 million, or 14 cents, a year ago. Revenue fell 3.4% to $29.3 million, the company said… Read More »Trailer Bridge's 3Q Income Declines
By Glen Sokolis, Sokolis Group Diesel fuel prices are going higher, because the Department of Energy told us so last week As fleet fueling costs increase, if you don’t have fuel management systems in place,… Read More »Diesel Fuel Prices Going Up, Fuel Management Needed If You Want Fuel Savings
Updated: 11/16/2010 10:15:00 AM Logistics firm US 1 Industries said its third-quarter profit improved on higher load activity. Net income rose to $827,000, or 6 cents a share, from $231,000, or 2 cents, a year… Read More »US 1 Industries' Third-Quarter Profit Improves
“All That’s Trucking” blog by Deborah Lockridge, Editor A full truckload of pharmaceuticals worth several million dollars was stolen last week at a rest area in Kentucky, illustrating a trend toward ever-higher values of stolen… Read More »Watch Out for Cargo Theft
Updated: 11/16/2010 10:30:00 AM Increase Is Highest Since April; Gas Gains 2.7¢ Diesel rose to the highest level in more than two years, jumping 6.8 cents to $3.184 a gallon, while gasoline gained 2.7 cents… Read More »Diesel Jumps 6.8¢ to Two-Year High $3.184 a Gallon
ArvinMeritor reported a $12 million profit for its 2010 fiscal year, which ended Sept. 30, compared to a loss of about $1.2 billion the previous year. The company reported a $2 million in net income… Read More »ArvinMeritor Posts Profit
Updated: 11/16/2010 12:00:00 PM Express-1 Expedited Solutions’ second-quarter profit rose to $1.7 million, or 5 cents per share, from $811,000, or 3 cents, a year ago. Revenue jumped 70% to $44.4 million, the company said… Read More »Express-1 Reports Higher 3Q Profit