Thursday, April 26, 2018
Business
Worst for trucking industry may be over, Daimler president says

Worst for trucking industry may be over, Daimler president says

LOUISVILLE, Ky. — Echoing what has become a recurring theme among OEs at the Mid-America Trucking Show underway here this week, Daimler Trucks North America President and CEO Martin Daum acknowledged the economic recession had pretty much crippled American business, including the trucking industry, but quickly added that his company was ready for tomorrow.

ATDynamics enters into distribution partnership with Aurora Parts & Accessories

ATDynamics enters into distribution partnership with Aurora Parts & Accessories

LOUISVILLE, Ky. — ATDynamics CEO Andrew Smith is heartened by the fact that he no longer has to explain the workings of aerodynamics. Instead, he said the company is selling its fuel-saving products and he announced a new partnership by his company and Aurora Parts & Accessories to make ATDynamics’ complete line of fuel-efficiency technologies available at more than 400 trailer dealership locations serviced by Aurora.

ATA truck tonnage index fell 0.5 percent in February

ATA truck tonnage index fell 0.5 percent in February

ARLINGTON, Va. — The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.5 percent in February, following a revised 1.9 percent increase in January. The latest drop put the SA index at 108.5 (2000=100), down from 109.1 in January. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 97.6 in February, down 0.8 percent from the previous month.

Initial jobless claims drop more than expected

Initial jobless claims drop more than expected

WASHINGTON — New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers.

ATA chief economist talks trucking today on CNBC’s ‘Street Signs’

ATA chief economist talks trucking today on CNBC’s ‘Street Signs’

ARLINGTON, Va. — American Trucking Associations (ATA) Chief Economist Bob Costello will appear live on CNBC’s “Street Signs” program with Erin Burnett today at 2 p.m. to discuss the economic outlook of the trucking industry. Costello also plans to discuss expected driver shortages in the industry as freight levels rebound from the recession.

ArvinMeritor poised for growth

ArvinMeritor poised for growth

LOUISVILLE, Ky. — ArvinMeritor has not sat back during the economic crisis, said Chief Operating Officer Carsten Reinhardt Wednesday. Instead, he said, ArvinMeritor has been pouring more than $60 million into its brake efforts.

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