Navistar International Corp. said its first International ProStar Plus Class 8 on-highway tractor equipped with a Cummins ISX15 engine and selective catalytic reduction technology rolled off the production line this week at its plant in Escobedo, Mexico.
November 16, 2012Business
Industrial Production Falls 0.4% in October
Industrial production decreased by 0.4% in October, the Federal Reserve said Friday.
November 16, 2012BusinessLogistics
Intermodal Traffic Gains 1.9% for Week
U.S. rail intermodal traffic rose 1.9% last week over the same week a year ago, the Association of American Railroads said.
November 16, 2012BusinessLogistics
Same-Day Couriers See Higher Revenue as Demand From Retail Sector Grows
Companies that provide same-day delivery service are seeing higher revenue, in part because of surging demand from retailers, a survey by the Messenger Courier Association of America found.
November 16, 2012BusinessLogistics
Descartes Systems Acquires Exentra Transport
Logistics software provider Descartes Systems Group said it has acquired U.K. transportation software company Exentra Transport Solutions Ltd. No terms were disclosed.
November 15, 2012BusinessEquipment
Meritor’s 4Q Profit Falls; Plans to Cut 800 Jobs
Truck component maker Meritor Inc. said its fiscal fourth-quarter earnings declined from a year ago and that it will cut its global workforce by about 800 jobs due to weaker U.S. and international markets.
November 15, 2012Business
DOT Freight Transportation Index Rises 0.1%
The Department of Transportation’s freight transportation services index rose 0.1% in September from the same month last year, DOT said Thursday.
November 15, 2012Business
DOT to Co-Sponsor Free Webinar on Truck Parking Shortage
The U.S. Department of Transportation, in partnership with the Trucking Industry Mobility and Technology Coalition, is sponsoring a free webinar Dec. 6 on the shortage of truck parking.
November 15, 2012Business
New York Manufacturing Index Contracts for Fourth Month
Manufacturing activity in the New York region contracted in November for a fourth straight month, the Federal Reserve Bank of New York said Thursday.
November 15, 2012BusinessGovernment
Consumer Price Index Rises 0.1%
The consumer price index rose 0.1% in October, the slowest pace in three months, the Labor Department said Thursday.
November 15, 2012