A survey of voters in four major U.S. cities, including Boston, Chicago, Nashville and Pittsburgh, showed that investments in mass transit are key to economic growth and job creation. When asked about specific mass transit options such as Bus Rapid Transit (BRT), a majority of voters support bringing BRT to each of the four cities […]
According to ACT Research, nearly 15,400 net trailer orders were received in June, up 7% from May. “June’s cancellation rate was only half of that posted in May,” said Frank Maly, Director-CV Transportation with ACT Research. “It appears that fleets are standing firm with their order commitments,” he added. There is normally a jump in […]
Ryder has reports second quarter 2013 results, with highlights as follows: Q2 Comparable EPS from Continuing Operations Up 15% to $1.25 Q2 EPS from Continuing Operations Up 31% to $1.19 Q2 Operating Revenue Grows 4%; Total Revenue Up 3% Full-Year 2013 Comparable EPS Forecast Narrowed to $4.75 to $4.85 Ryder System, Inc. (NYSE: R), a […]
“PACCAR (Nasdaq:PCAR) reported good revenues and net income for the second quarter of 2013,” said Mark Pigott, chairman and chief executive officer. “PACCAR’s second quarter results reflect the benefits of gradually improving truck sales and strong aftermarket parts and financial services results worldwide. I am very proud of our 22,000 employees who have delivered excellent […]
The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index edged 0.1% higher in June after surging 2.1% in May. (May’s increase was slightly lower than the 2.3% gain ATA reported on June 18, 2013.) In June, the SA index equaled 125.9 (2000=100) versus 125.8 in May. June 2013 is the highest level […]
While the US is becoming an LNG exporter thanks to its fast shale gas development, Asian countries such as Iran and Qatar are shifting their focus to the Asia-Pacific Region, in which China and India will be the main targets. Under the circumstances, CBI BIZ will hold the 6th Asia LNG Forum on September 11th […]
