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TRUCKINGS' WORLD NEWS
* Paccar’s Profits, Sales Surge to Records
USA -TTNews -31 Jan 2006: Heavy truck maker Paccar Inc. reported record revenue and income for 2005 on Tuesday, and said it earned the highest quarterly profit in its 100-year history... The company earned $312.9 million or $1.83 per share for the fourth quarter, up from the $241.4 million or $1.38 in the previous fourth quarter...
* J.B. Hunt Reports Record Fourth Quarter, Annual Earnings
USA -TTNews -31 Jan 2006: Truckload carrier J.B. Hunt Transport Services said Monday its fourth-quarter revenue and earnings reached records, reporting a profit of $65.3 million or 41 cents a share, compared with $19.8 million or 12 cents in the previous fourth quarter...
* Cummins Reports Record 4Q on Higher Engine Sales
USA -TTNews -31 Jan 2006: Diesel engine maker Cummins Inc. reported a record fourth-quarter profit on Monday, earning $$167 million or $3.31 per share, up 40% from $119 million or $2.41 a year earlier... For the year, Cummins earned $550 million or $11.01 a share, also a record, up 57% from $350 million or $7.39 a share in 2004...
* Target Logistics Reports Higher Second-Quarter Earnings
USA -TTNews -30 Jan 2006: Freight forwarder Target Logistics said Wednesday it earned $976,000 or 5 cents a share for its second quarter ended Dec. 31, from $545,000 or 3 cents a year earlier...
* Japan's Isuzu April-Dec net profit down 16 pct on rising cost of growth push
TOKYO,Japan -Forbews/AFX -1 Feb 2006: Isuzu Motors reported that its net profit for the nine months to December tumbled 16 pct from a year earlier, hit by the swelling cost of a push for growth after the truck maker wiped out accumulated losses in the last fiscal year...
* Monthly tonnage decrease largest of '05, trucking trade group says
Baltimore,Mar,USA -Business Journal, by Stephanie Wentworth -30 Jan 2006: Truck tonnage fell 3 percent in December, according to the American Trucking Association. The trade group attributed the decline -- the largest monthly decrease of 2005 -- to automakers trimming production...
* Industry Input Needed on Electronic On-Board Recorders for Hours-of-Service
USA -TruckLine Express -30 Jan 2006: In response to potential changes in commercial driver Hours-of-Service (HOS) management, the American Transportation Research Institute (ATRI) is conducting a multi-phased study on usage issues and opportunities associated with Electronic On-Board Recorders (EOBRs) for HOS record-keeping among motor carriers...
* Kansas Lawmakers Propose Bill Mandating Use of Biodiesel
USA -TruckLine Express -30 Jan 2006: Kansas may be the next state to follow Minnesota's lead in mandating biodiesel, if its legislature passes a bill introduced in the state Senate Jan. 19 that would require all diesel sold in Kansas to contain a blend of at least 2% of fuel derived from vegetable oils or animal fats...
* FMCSA Postpones EOBR Regs, Citing Hours' Rule Issues
USA -TTNews -30 Jan 2006: The Federal Motor Carrier Safety Administration has postponed for four months issuing its regulation on the use of electronic onboard recorders, the agency’s two top officials told Transport Topics last week...
* Tire Management: Debris, Neglect Leading Causes of Failures
USA -TTNews -30 Jan 2006: Tire failures — caused largely by road debris, nails, bolts, poor tire maintenance or driver inattention to tire pressure — are more than a nuisance... Such failures, according to one road service provider, account for almost 40% of road service calls and are the leading reason why tractor-trailer combinations are stranded beside the road...
posted by Unknown @ 8:09 PM
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