Retail sales rose 0.1% in April, the slowest pace this year, the Commerce Department said Tuesday.
May 15, 2012Business
Business Inventories Rise at Slower Pace
Business inventories rose 0.3% in March, the slowest pace in four months, the Commerce Department reported.
May 15, 2012BusinessTechnology
Ryder to Provide Two Services for ColdTech
Truck leasing and logistics company Ryder System has been awarded a contract to provide distribution and last-mile delivery.
May 14, 2012BusinessFuel
Electric Class 8 Truck Offered for Short Hauls
Balqon Corp., which makes electric-powered heavy-duty trucks, has introduced a new Class 8 tractor for inner city and shorthaul drayage service.
May 14, 2012BusinessLogistics
Schneider, Pacer Sign New Rail Agreements
Schneider National and Pacer International have announced new intermodal agreements with rail carriers.
May 14, 2012BusinessEquipment
Cummins to Purchase Hilite’s Emissions-Control Business
Truck engine and components maker Cummins Inc. said it has signed an agreement to acquire Hilite International’s emissions-control business. Terms were not disclosed.
May 14, 2012BusinessTechnologyEquipment
E&MU: Tire Makers Refine Compounds to Improve Durability, Mileage
Recent advances in rubber compounding processes have helped make tires more durable and fuel efficient, according to manufacturers who compare the techniques to the culinary arts.
May 14, 2012Business
San Francisco Bay Area Truck Tolls to Rise Again
Multi-axle vehicles including heavy-duty trucks will be paying higher tolls to cross San Francisco area bridges starting July 1, the Vallejo (Calif.) Times Herald reported.
May 14, 2012Business
FedEx to Sell Japan Office Business to Konica
FedEx Corp. will sell the Japanese operations of its Office unit, the retail business formerly known as Kinko’s, to Konica Minolta Holdings, Bloomberg reported.
May 14, 2012EditorialBusinessLogisticsAutonomous
Editorial: Life Is Good
There was some interesting advice offered by two of our industry’s best-known economists last week to fleet executives who were attending the National Tank Truck Carriers annual conference in San Francisco.
May 14, 2012