Crude oil fell almost $2 to near $50 a barrel in early trading Monday following a similar drop on Friday, as the outlook for world demand remained low, Bloomberg reported.
March 30, 2009Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
GMs Wagoner Forced to Resign
The Obama administration forced General Motors Corp. Chief Executive Officer Rick Wagoner to resign after a task force decided he was unable to craft a plan to save the automaker, Bloomberg reported Monday.
March 30, 2009Truck Lite, Grote Introduce LED Products
LOUISVILLE, Ky. Two manufacturers of lighting products for trucks moved in different directions at the Mid-America Trucking Show here, with Truck Lite rolling out round, white LED headlamps and Grote Industries offering thousands of tiny points of colored light. Both debuted March 18.
March 30, 2009ATA Reorganizes Two Councils
American Trucking Associations is reorganizing its Safety & Loss Prevention Management Council and Security Council to form two new councils.
March 30, 2009EPA Proposes Strict Ship Emissions Standards
The Environmental Protection Agency has asked that an emissions control area be created along the United States coastline to reduce what officials say are harmful emissions from ships.
March 30, 2009Reefer-Unit Manufacturers Roll Out New Hybrid Models
LOUISVILLE, Ky. The two largest North American manufacturers of trailer refrigerated units each introduced updated product lines with an emphasis on hybrid power at the Mid-America Trucking Show here.
March 30, 2009Cummins Unit to Consolidate S.C. Plants
Diesel engine maker Cummins Inc. said it will consolidate turbocharger operations at two South Caroline plants and may cut jobs in the unit later this year.
March 30, 2009Oil Falls to Near $50 in Early Trading
Letters: Card Check Bill; Trucking Growth; Rooftop Snow, Again
Passage of this legislation the Employee Free Choice Act, also known as card check would further erode American business competitiveness in the global marketplace.
March 30, 2009Truckers Seen Benefiting From Auto Supplier Plan
The Treasury Departments $5 billion program to help cash-strapped auto suppliers will benefit carriers that haul both parts and finished vehicles for automakers, trucking officials said.
March 30, 2009EPA Set to Classify Greenhouse Gas a Danger
The Environmental Protection Agency is poised to declare that greenhouse gas emissions endanger the publics health and welfare a move that could accelerate government rulemaking related to air quality.
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