Diesel declined for the first time in four weeks, dipping 1.2 cents to $3.937 a gallon, the Department of Energy said.
August 2, 2011Business
Personal Spending Declines for First Time in Nearly Two Years
Consumer personal spending decreased for the first time in nearly two years in June, the Commerce Department said Tuesday.
August 2, 2011Business, Equipment
Profits Dip at Component Makers Accuride, CVG
Two truck component makers reported lower second quarter profits late last month.
August 2, 2011Business, Logistics
TNT Express’ 2Q Profit Drops
TNT Express NV, Europe’s second largest post company, said its second-quarter earnings declined to about $5.7 million, from about $37 million a year earlier.
August 2, 2011Business, Technology
iTECH: The Best Lane Boosts the Bottom Line
Many trucking companies are turning to software products — packages that include everything from mapping technology to detailed cost analysis — to help them choose the routes that will most boost their bottom lines.
August 1, 2011Business, Fuel
TTSI to Purchase 100 Zero-Emission Class 8 Trucks
Vision Industries Corp. has announced that drayage and logistics company Total Transportation Services Inc. intends to purchase 100 of its zero-emission, hydrogen fuel cell-electric Class 8 trucks for about $27 million.
August 1, 2011Business
Construction Spending Rises for Third Month
Construction spending rose 0.2% in June for a third straight increase, the Commerce Department said Monday.
August 1, 2011Business, Government
ISM Manufacturing Index Falls to Two-Year Low
U.S. manufacturing activity fell to a two-year low in July, but continued to show expansion for the 24th consecutive month, the Institute for Supply Management said Monday.
August 1, 2011Business
Texas Truckers Get Two New Electrified Rest Stops
Truckers in Texas now have two more electrified rest stops they can use.
August 1, 2011Business
Caterpillar to Pay $2.5 Million in Engine Settlement with EPA
Caterpillar Inc. will pay $2.55 million to the federal government and California to settle claims it sold engines without proper emissions controls and violated emission control reporting and engine labeling regulations, the Environmental Protection Agency said.
August 1, 2011