Thursday, January 18, 2018
Business
ACT: Trucking, commercial vehicle sectors continue rebound

ACT: Trucking, commercial vehicle sectors continue rebound

COLUMBUS, Ind. — A strengthening North American economy and rapidly tightening capacity in the truckload sector are setting the stage for significant demand for new equipment in 2011, according to market analyst ACT Research Co.

CEO: Cummins positioned for long-term growth

CEO: Cummins positioned for long-term growth

COLUMBUS, Ind. — Cummins Inc. continues to perform well despite the global economic downturn and is positioned for a period of sustained profitable growth once the recovery takes hold worldwide, Chairman and Chief Executive Officer Tim Solso said Tuesday at the company’s annual meeting.

Wholesale inventories and sales rise in March

Wholesale inventories and sales rise in March

WASHINGTON — Inventories held by wholesalers rose for a third consecutive month in March while sales increased by more than double the expected amount. Rising demand is making businesses more confident about the future, a key development needed to sustain the recovery.

Navistar signs long-term contract with J.B. Hunt for new ProStar+ tractors

Navistar signs long-term contract with J.B. Hunt for new ProStar+ tractors

WARRENVILLE, Ill. — Navistar Inc. and J.B. Hunt Transport Services Inc. Tuesday announced that the two companies have reached a long-term supply agreement for Navistar to be the principal provider of International brand commercial trucks to J.B. Hunt through 2014.

Freight rates expected to rise as capacity continues to shrink

Freight rates expected to rise as capacity continues to shrink

Expect to see increased freight rates as capacity continues to shrink, writes IHS Global Insight’s Charles W. Clowdis Jr., managing director, transportation advisory services.

FTR: Intermodal sets market share record in first quarter

FTR: Intermodal sets market share record in first quarter

NASHVILLE, Ind. — Intermodal transport’s share of U.S. long-haul truck traffic reached record highs in the first quarter of 2010, a recent analysis by FTR Associates shows.

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