The global auto industry breathed a sigh of relief in September when the president of the European Central Bank acknowledged the region’s sovereign debt crisis was critical and the bank was prepared to start a bond-buying program that would provide a “fully effective backstop†for the struggling euro.
The Conference Board’s Leading Economic Index for the United States increased 0.6% in September to 95.9 following a 0.4% drop in August and a 0.4% increase in July. The base year for the index is 2004.  By TruckGauge
Manufacturing activity in the Philadelphia region expanded in October, the Federal Reserve Bank of Philadelphia said Thursday.
According to a report from Trailer Body Builders, sales for Class3-8 trucks have surged to 18 percent above the 2011 numbers entering the final quarter of 2012. The numbers from Wards Information Products
Navistar International Corporation announced John C. (Jack) Pope, chairman of PFI Group, LLC, a financial management firm, has been appointed to the company’s board of directors. He replaces David D. Harrison, who elected to retire after serving five years as a board member.
Coming on the heels of a 4,000-truck statewide inspection blitz, the California Air Resources Board says it hopes it sent a “clear message to truckers†about its clean air laws. Members of the California Highway Patrol, Caltrans and the California
Last week’s ECG Conference in Prague revealed that OEM order and production systems in Europe are still not responsive enough to market demand, with vehicle inventory levels rising as sales decline. Meanwhile, poor forecasting and communication, as well as longer
The amount of freight carried by the for-hire transportation industry fell 0.6 percent in August from July, declining after a one-month rise, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ Freight Transportation Services Index released Thursday, Oct. 11. By CCJ
Finished Vehicle Logistics Magazine The purchase of new vehicle transporters has followed the downward trend of car sales. Carrier builders are trying to keep their edge with design improvements and increased flexibility, including diesel-fuel technology and replaceable panels.
