Economy

Mack Trucks names new regional VP for Canada

GREENSBORO, NC - Dayle Wetherell named Mack Truck's regional vice president, Canada region, starting Jan. 1, 2015.

U.S. fleets raising pay to truck drivers: report

ARLINGTON, VA - A new survey reveals that in seven of the nine categories, U.S. truck drivers meet or exceed America's median household income of just over $53,000 per year.

New, used truck registrations up year-over-year

ENGLEWOOD, CO- There were 14 percent more trucks on North American roads in the first nine months of 2014 when compared to the same time last year, according to a report by vehicle industry research firm IHS Automotive.

Canada Cartage to purchase Vanguard Global Services

TORONTO, ON - Combined companies will provide complete asset and non-asset based transportation solutions to North American companies.

Navistar to close Indiana foundry

LISLE, IL-Navistar International plans to eliminate approximately 180 jobs and reduce operating costs by about $13 million annually by closing foundry operations in Indianapolis, Ind.

34-hour restart rule suspension in Senate hands

WASHINGTON, D.C.- Truckers interested in whether or not the Federal Motor Carrier Safety Administration (FMCSA)'s 34-hour restart rule will be suspended have turned their eyes to the U.S. Senate after the House passed the funding bill.

Expressway Trucks Waterloo named top Volvo dealer in Canada

GREENSBORO, NC – Expressway Trucks Waterloo of Ayr, ON, has been named the Volvo Trucks Dealer of the Year for Canada. Grupo Bajio of San Luis, Mexico was Volvo’s dealer…

FTR says trucking closing the year in good territory

Bloomington, IN - The Trucking Conditions Index fell to 8.53 in October, down from its September reading of 9.07. Both months are down from 2013's numbers.

Value-adds increasingly important to truck sales: report

MOUNTAIN VIEW, CA - Frost & Sullivan predicts maintenance packages, telematics, and fleet management services will be the differentiating factor for future truck shoppers.

Ryder Wants to Help You Make More Money. Here’s How.

MIAMI, FL- Truck-and-equipment leasing firm Ryder System announced it is sponsoring TruckingEfficiency.org, a free, independent, online technology guide aimed to help fleet owners double their fleet efficiency.

Pink truck & trailer = 75-ft. signal that trucking’s good

ST ANDREWS, MB - Trucking has been good to Dave Tyrchniewicz, president of Manitoba-based Turk Enterprises. So he's sharing that good news in a very loud way: With a flashy pink rig, decked out to call attention to the fight against cancer.

Caterpillar maintains dividend rate

PEORIA, IL – The board of directors of Caterpillar Inc. have voted to maintain the quarterly cash dividend of seventy cents ($0.70) per share of common stock, payable February 20,…

PACCAR announces extra cash dividend

BELLEVUE, WA – Paccar Inc.’s board of directors have declared a $1 per share extra cash dividend, payable on Jan. 6, 2015, to stockholders of record at the close of business…

St. Lawrence Seaway has “remarkable” year

OTTAWA, ON – With just one month left of the season, St. Lawrence Seaway cargo shipments are expected to finish ahead of 2013 after what is being described as “a…

Mack, Volvo to Synch Up Repair Process

GREENSBORO, NC- Imagine you have a broken engine sensor and as you roll into a dealer facility to get it fixed, the technician already knows about it and has pre-ordered, maybe even already received the new part to fix your truck.