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TRUCKING WORLD NEWS - Condenseds
* Trucking a “best job” for 2006
Boston,Mass,USA -Logistics Management -Jan 18, 2006: Heavy-duty truck driving made No.18 on Careerbuilder.com’s list of the top 25 jobs for 2006 which ranked industries of all kinds based on their need for skilled professionals... Careerbuilder.com’s survey represented eight million new jobs and 40 percent of total job growth over the next decade...
* Port of Los Angeles Sets Container Volume Record
Los Angeles,CAL,USA -PR/TTNews -20 Jan,2006: The Port of Los Angeles said that for the fourth year in a row it set a nationwide container volume record by handling nearly 7.5 million twenty-foot equivalent units in 2005, a 2.2% increase over 2004... The port said it anticipates growth in container volume to continue this year...
* Hub Group to Acquire Memphis Trucking Firm Comtrak
Memphis, Tenn.,USA -TTNews -20 Jan 2006: Third-party logistics provider Hub Group said late Thursday it would buy Comtrak Inc., a trucking and drayage firm, for $38 million... Comtrak's services include rail and drayage for the intermodal sector, full truckload transportation, container storage, yard management, truck brokerage and other logistics services. It utilizes company drivers and third-party owner operators to serve its customers... Comtrak’s revenue is expected to be about $85 million for 2005, Hub Group said...
* Celadon Reports Record Income, Revenue; Sets Stock Split
USA -TTNews -19 Jan 2006: Truckload carrier Celadon Group said late Thursday it earned record income in its fiscal second quarter and set a 3-for-2 stock split, to take effect in February... Revenue rose 12.5% to $120.3 million, which was also a record... Freight revenue, excluding fuel surcharges, rose 5.9% to $102.9 million... Celadon Group is ranked No. 55 on the Transport Topics 100 list of the largest U.S. and Canadian for-hire carriers...
* DOT Approves Move of Eight Indiana Counties to Central Time
USA -Associated Press/TTNews -19 Jan 2006: The U.S. Department of Transportation said it will allow eight Indiana counties to switch from the Eastern to the Central time zone, ending a long battle in the state over daylight-saving time... DOT said it bases its decisions on whether changes will benefit commerce, and also looks at factors such as transportation, commuter patterns, and where areas get their radio and television signals...
* Knight’s Fourth-Quarter Income, Revenue Reach Records
USA -TTNews -19 Jan 2006: Truckload carrier Knight Transportation said late Wednesday its net income and revenue for the fourth quarter reached record highs... Knight earned earned a record $18.5 million or 21 cents a share, up from $14.6 million or 17 cents a year earlier, in the quarter... Knight is ranked No. 49 on the Transport Topics 100 list of the largest U.S. and Canadian trucking companies...
* Dynamex Completes $10 Million Stock Repurchase
USA -TTNews -19 Jan 2006: Logistics and delivery firm Dynamex Inc. said it had completed a $10 million share repurchase it first announced in September... Dynamex, which provides same-day delivery services in the U.S. and Canada, is ranked No. 71 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers...
* Ont. company acquires Saint John trucking firm
Woodstock, Ont.,Canada - Canadian Press -Jan 18, 2006: Contrans Income Fund expanded its operations in New Brunswick this week by acquiring General Freight Carriers Inc. of Saint John... General Freight, located on Golden Grove Road, operates 47 highway tractors and 60 trailers with 10 owner-operators under contract... Contrans has 700 full-time employees and 830 owner operators - more than 1,300 tractors and 2,100 trailers - based in seven provinces, according to information on the company's website...
* Parker Hannifin earnings fall, sales rise
CLEVELAND,OH,USA -Associated Press -Jan. 18, 2006: Parker Hannifin Corp., a manufacturer of industrial motion control and transportation devices, said on Wednesday that its second-quarter earnings fell 25 percent from a year ago when it recorded a $61 million gain from the sale of a business...
* Michigan seeing many trucks with no DOT number
EAST LANSING, Mich.,USA -The Trucker -18 Jan 2006: Officials with the Michigan State Police Motor Carrier Division said, they were encountering a number of large trucks from other states that were not displaying a U.S. Department of Transportation (USDOT) number... USDOT defines a commercial motor vehicle (“large truck”) as any vehicle with a single or combination gross weight rating or actual gross weight of 10,000 pounds or more; a vehicle designed to transport more than eight passengers, including the driver; or a vehicle of any size that is required to display a hazardous materials placard. If any of these vehicles operate in interstate commerce...
* Ontario trucks could face 105 km/h speed limit
Ontario,Canada -Toronto Star/CBC News -17 Jan 2006: Tractor-trailers in Ontario could soon face a speed cap of 105 kilometres an hour... Ontario's Transportation Ministry is reviewing a proposal from the Ontario Trucking Association, which represents companies operating half of the 700,000 registered trucks in Ontario, says truckers should be forced to use a device that prevents them from going faster than 105 km/h. The device already exists in tractor-trailer engines less than 10 years old...
* Border-crossers get a PASS from passports
WASHINGTON,DC,USA -Today's Trucking -18 Jan 2006: The Bush Administration has scrapped a plan to require passports from any traveler entering the U.S. via land. However, it will instead mandate a new smaller, less expensive, biometric identity card in order to cross the border from Canada or Mexico... The new PASS card (People Access Security Service) -- part of the statutory Western Hemisphere Travel Initiative -- will be issued to registered American travellers starting in late 2006, and will be required for travel on Jan. 1, 2008...
* Story: We are Family
UK -TNN- 20 Jan 2006: In this age of corporate giants, large, successful, family run hauliers seem to be in decline. One company that's certainly bucking the trend is Prestons of Potto. TNN went to meet their Chairman, Anne Preston MBE to find out more...
* TRUCKING shouldn't bear Pacific toll alone
Australia -Australasian Transport News (subscription) -18 Jan 2006: ... should pay for upgrades to the Pacific Highway, including local residents, if governments push ahead a toll road plan, the New South Wales trucking lobby says...
* New Parcel Firm Will Fill Void From Closure
Bangkok,Thailand -Bangkok Post,By Yuthana Praiwan -Jan. 20, 2006: Thai Parcels Co, a newly established trucking company, will begin operations in April, with hopes of capitalising on the planned closure of the debt-ridden Express Transport Organisation (ETO)...
* Goods handled through SuperLink up 220%
Hong Kong,China -Infraestructure & Logistics -Jan 18, 2006: Cross-boundary cargo throughput handled through the SuperLink China Direct service rose 220% from 5,460 tonnes in 2003 to 17,500 tonnes last year, Secretary for Economic Development & Labour Stephen Ip says...
* Truck sales idle as industry cuts back
Beijing,China -Beijing Time, by Jin Jing -321 Jan 2006: SALES slowed in China's commercial vehicle sector last year as the nation throttled back investment in heavy industries... Chinese manufacturers sold 1.79 million commercial vehicles including buses, trucks and semi-tractors in 2005, down 0.75 percent from a year earlier, according to a report by the China Association of Automobile Manufacturers. Production decreased 0.6 percent to 1.77 million units... The slowdown resulted mainly from a sales drop in mid-size and heavy-duty trucks, the main transport vehicles for industrial material, after the Chinese government implemented measures to cool down the economy...
* ANNOUNCEMENT Press Release from Weichai Power
China -Yahoo! News (USA) -19 Jan 2006: This announcement is made by Weichai Power Co., Ltd.: Who has not received any order from the CHDTGL Group... The heavy-duty trucks market experienced a significant decline in 2005 (as compared with 2004) in China, and the Company's unit salesvolume of diesel engines for use in heavy-duty trucks during the same period was similarly affected. The Company's sales volume of diesel engines (for all product types in aggregate) exceeded 100,000 units(unaudited) in 2005. The Company has received aggregate indicative orders for diesel engines for 2006 in excess of the actual number ofthe diesel engines sold by the Company in 2005 (based on unaudited figures)...
* Shurepower, LLC announces an energy efficient alternative to truck and TRU idling
CONKLIN, NY,USA -SBWIRE, by Joe Licari -19 Jan 2006: The New York State Energy Research and Development Authority has recently awarded a cost-shared contract to Shurepower, LLC to enable the installation and operation of electrified loading docks and parking spaces for heavy-duty diesel trucks and refrigerated trailers...
* New 13-litre or old FH12? Volvo proves the case for its newcomer
UK -&TNN/Big Lorry Blogby Brian Weatherley -20 Jan 2006: "Results from realistic UK comparative fuel trials between a Euro-3 FM fitted with the outgoing D12 420hp engine and a Euro-3 new FM, equipped with the latest 440hp D13A power-plant have been announced." And guess what?... The latest 13 litre artic achieved "..a 4% improvement in overall fuel consumption over the 12 litre." Amazing!...
posted by Unknown @ 3:29 PM
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