NASHVILLE, Ind. — FTR Associates has released preliminary data showing January 2010 Class 8 truck total net orders for all major North American OEM’s were 6,221 units, the lowest level since July 2002.
WASHINGTON — In an effort to create more jobs, President Barack Obama will ask Congress to temporarily expand two lending programs for the owners of small businesses, an administration official said Friday.
NEW YORK — YRC Worldwide, one of the country’s largest trucking companies, said Friday the weak economy and internal financial struggles gave it an operating loss in the fourth-quarter
SAN MATEO, Calif. — Trucking operator Con-way Inc. said Thursday it narrowed its fourth-quarter loss from a year ago, when it took huge write-downs, and sales were flat.
WASHINGTON — The outlook for jobs became a bit less bleak with January's unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent as more people said they had jobs.
COLUMBUS, Ohio —OEMs relying on a turnaround in the trucking industry to boost equipment sales will have to wait a little longer, says a recent survey. The Q1 2010 FSR Equipment Buying Index fell 21 percent from Q4 2009 to a reading of 54.5, reports CK Commercial Vehicle Research.