Surface trade among the United States, Canada and Mexico rose 17.4% in February from a year ago, the Department of Transportation said.
May 1, 2012Business
Wabash National Posts Higher 1Q Profit
Wabash National Corp. reported a higher first-quarter profit as trailer shipments increased.
May 2, 2012GovernmentBusinessSafetyAutonomous
FMCSA Hears from Drivers, Carriers on EOBR Issue
BELLEVUE, Wash. — Several dozen truck drivers, motor carriers and law enforcement officers gave federal regulators a candid array of opinions on whether a planned electronic logging device mandate would be properly used as a safety device and fleet productivity tool.
May 1, 2012BusinessFuel
Sunoco Being Sold; Delta Buying East Coast Oil Refinery
Two big deals affecting the refinery of crude oil in the Northeast were announced this week: Delta Air Lines will buy a Philadelphia area refinery and Sunoco Inc. is being sold for $5.3 billion.
May 1, 2012Business
Construction Spending Rises in March
Construction spending edged up 0.1% in March, the Commerce Department said Tuesday.
May 1, 2012Business
ISM Manufacturing Index Improves in April
U.S. manufacturing activity accelerated in April, the Institute for Supply Management said Tuesday.
May 1, 2012Business
Cummins’ 1Q Profit Rises on Strong Engine Sales
Truck engine and components maker Cummins Inc. on Tuesday said its first-quarter profit rose on higher sales.
May 1, 2012BusinessFuel
Diesel Falls Again, Slipping 1.2¢ to $4.073; Gasoline Drops 4¢ to $3.83
Diesel fell for the third straight week, dipping 1.2 cents to $4.073 a gallon, and gasoline fell for a fourth week, the Department of Energy reported.
May 1, 2012Business
N.J. Lawmakers Want Delay on Toll Hikes
Sen. Frank Lautenberg and three fellow Democrats from the New Jersey federal congressional delegation have asked the Port Authority of New York and New Jersey to delay scheduled toll increases, the Newark (N.J.) Star-Ledger reported.
April 30, 2012Business
YRC Lenders Back Agreement Changes
YRC Worldwide said Monday it has amended its July 2011 agreement with lenders to set new financial performance targets over the next two years, including a lowered profitability requirement.
April 30, 2012