Oil prices fell Wednesday following a Department of Energy report that showed supplies of crude, gasoline and diesel all rose last week in contrast to economists’ forecasts, Bloomberg reported.
September 22, 2010Business
FedEx Expands Overnight Services
FedEx Express said Wednesday it is expanding its domestic service offerings, including FedEx First Overnight, and is adding a Saturday overnight service.
September 22, 2010Business
Oshkosh CEO to Retire at End of Year
Specialty truck maker Oshkosh Corp. said Wednesday that CEO Bob Bohn will retire at the end of this year and be succeeded by Charles Szews, the company's president and chief operating officer.
September 22, 2010BusinessAutonomous
Opinion: ATA Offers a Deep Appreciation and Thanks for America’s Truck Drivers
When was the last time you thanked a professional truck driver for delivering a package to your home or a load of freight to your dock?
September 22, 2010BusinessSafety
DOT Announces Broader Texting Ban for Hazmat Drivers
WASHINGTON — Transportation Secretary Ray LaHood said Tuesday that the federal government would seek to ban text messaging by all drivers hauling hazardous materials.
September 21, 2010Business
Daimler Trucks’ Renschler Sees Stronger Global Vehicle Market
HANOVER, Germany — The head of Daimler Trucks said the world’s largest commercial vehicle maker expects “a moderate recovery” in U.S. truck sales this year, and that he does not foresee a double-dip recession.
September 21, 2010GovernmentBusiness
Obama Backs Higher Truck Weights for Maine, Vermont
The Obama administration has agreed to support truck weights of up to 100,000 pounds on additional stretches of interstate highways in Maine and Vermont.
September 21, 2010GovernmentBusinessFuel
Biodiesel Producers Hoping for Tax Credit Resurrection
The biodiesel industry suffered a setback when supporters in the U.S. Senate failed to attach an amendment to the recently-adopted Small Business Jobs Act that would have restored the industry’s tax credit.
September 21, 2010Business
Housing Starts Rise More Than Forecast
Housing starts jumped 10.5% in August, the Commerce Department said Tuesday.
September 21, 2010GovernmentBusiness
Port of L.A. Seeks Delay on Clean-Trucks Program
The Port of Los Angeles is recommending that harbor commissioners push back the first phase of the port’s controversial clean trucks program until the end of 2011.
September 21, 2010