Oil fell to finish trading below $100 a barrel Friday, taking its biggest drop in four weeks on indications that Saudi Arabia will boost output next month, Bloomberg reported.
June 10, 2011Business
Navistar Second-Quarter Net Income Rises 72%
Navistar International Corp. last week reported net income for its fiscal second quarter jumped 72% and predicted sharp increases in production, sales and profits during the second half of the year.
June 13, 2011Business, Fuel
Diesel Fuel Price Drifts Down to $3.94 Following Fifth Straight Decline
U.S. retail diesel prices dipped 0.8 cent a gallon last week, the fifth consecutive weekly decline, as the national average declined to $3.94, the Department of Energy reported.
June 13, 2011Business, Safety, Government, Logistics, Autonomous
PenserSC, ICS Logistics Sign Transportation Contract
Third-party logistics firms PenserSC and ICS Logistics said they have agreed to a trucking and transportation services contract.
June 10, 2011Business, Fuel
Oil Slides to Finish Week Below $100 a Barrel
Business, Equipment
Cummins to Add 600 White-Collar Workers at Indiana Headquarters
Truck engine maker Cummins said Friday it plans to add 600 white-collar workers in a new office building at its headquarters city of Columbus, Ind.
June 10, 2011Business
Daimler to Boost North American Truck Production, Hire 1,400 Workers
Daimler Trucks North America said Thursday it plans to sharply increase production and hire about 1,400 new workers at three truck plants, to meet higher demand.
June 10, 2011Business
Navistar Names China Business President
Navistar International Corp. named Rudi von Meister to head the company’s operations in China.
June 10, 2011Business
Refrigerated Carrier Freymiller Becomes Newest ATA Member
American Trucking Associations announced Friday that Oklahoma City-based refrigerated truckload carrier Freymiller Inc. has become its newest carrier member.
June 10, 2011Business
Imported Goods Prices Rise 0.2% in May
The price of goods imported to the United States rose 0.2% in May, led by increases in autos and clothing, the Labor Department said Friday.
June 10, 2011Business, Safety
May Intermodal Traffic Rises 7.5%
Intermodal traffic in May rose 7.5% in May from a year ago, the 18th straight year-over-year gain, the Association of American Railroads said.
June 10, 2011