Diesel fell for the third time in four weeks, doubling last week’s decline to a 4.2-cent drop to $4.085 a gallon, the Department of Energy said Monday.
April 24, 2012Business
Illinois Sets Funds to Alleviate No. 1 Trucking Bottleneck
Illinois Gov. Pat Quinn announced Monday a major reconstruction project to add “much-needed capacity to the Circle Interchange in the heart of Chicago.â€
April 24, 2012BusinessLogistics
Canadian Railroads Report Mixed 1Q Earnings
Canada National Railway Co. reported lower first-quarter earnings and Canadian Pacific Railway Co. reported a rise.
April 24, 2012Business
Scania’s Profit Slips as European Truck Demand Stalls
Swedish truck maker Scania AB reported a first-quarter profit but its net income slipped 29% after it cut jobs to prepare for slowing European demand and raised prices on some models, Bloomberg reported Tuesday.
April 24, 2012BusinessLogistics
Kansas City Southern Posts Higher 1Q Profit
Kansas City Southern on Tuesday reported its first-quarter earnings rose to $75 million, or 68 cents a share, from $64 million, or 58 cents, the previous year.
April 24, 2012BusinessEquipment
Delphi’s First-Quarter Earnings Rise
Vehicle components maker Delphi Automotive PLC said Tuesday its first-quarter profit jumped 18% on higher sales.
April 24, 2012BusinessLogistics
Canadian Railroads Report Higher Earnings
Canada’s two biggest freight railroads reported higher earnings for the first quarter.
April 24, 2012BusinessTechnology
EPA Sets $20 Million for Clean Diesel Grants
The U.S. Environmental Protection Agency on Monday announced $20 million in grant funding for projects aimed at reducing pollution from diesel vehicles.
April 23, 2012BusinessTechnology
New $100 Million Truck Scale Planned on I-80 Near Port of Oakland
California state officials broke ground Friday on a truck weight scales facility on Interstate 80 in Cordelia, Calif., a move that will help trucks leaving the Port of Oakland, the Contra Costa (Calif.) Times reported.
April 23, 2012Business
Eaton’s First-Quarter Profit Rises
Truck and auto components maker Eaton Corp.’s first-quarter profit rose 8% as its truck unit’s sales improved 10%, the company said Monday.
April 23, 2012