Navistar International Corp. earned $272 million for its fiscal third quarter and boosted its full-year earnings forecast, the company said late Wednesday.
September 4, 2008Government, Business, Safety
Navistar Reports $272 Million 3Q Profit
Business, Fuel
Oil Dips for Fourth Straight Session
Oil fell 36 cents Wednesday to close at $109.35 a barrel on the New York Mercantile Exchange, as several crude intake ports reopened on the Gulf Coast following Hurricane Gustav, Bloomberg reported.
September 3, 2008Business, Safety, Government, Autonomous
Fed ‘Beige Book’ Cites Continuing Economic Sluggishness
U.S. economic activity, including trucking and freight transportation, was sluggish in July and August, according to a Federal Reserve report released Wednesday.
September 3, 2008Government, Business, Safety
FMCSA Waives Hours Regs for Gulf States Drivers
Motor carriers and drivers providing emergency in areas affected by Hurricane Gustav will be relieved federal hours-of-service regulations, the Federal Motor Carrier Administration said.
September 3, 2008Business, Logistics
Kelly Named Acting NHTSA Chief
The White House named David Kelly to serve as acting administrator of the National Highway Traffic Safety Administration.
September 3, 2008Fuel, Business, Logistics, Government
Diesel Slips 2.4¢ to $4.121
Despite Hurricane Gustav blowing through the Gulf of Mexico over the weekend, diesel fuel’s national average price fell 2.4 cents to $4.121 a gallon in a seventh straight decline, the Energy Department said Tuesday.
September 3, 2008Government, Business, Safety, Logistics
CDL, Medical Rules Sent to White House
The Federal Motor Carrier Safety Administration has sent a final rule linking the driver certification to the commercial license, and a proposed rule creating a national registry of doctors qualified to certify drivers to the White House Office of Management and Budget.
September 3, 2008Business, Fuel
Oil Falls Below $108 as Gustav Damage Appears Minimal
Crude oil fell more than $2 to below $108 a barrel in early trading Wednesday, as major oil firms said Hurricane Gustav did not cause any significant damage to Gulf of Mexico oil facilities over the weekend, Bloomberg reported.
September 3, 2008Business, Technology, Equipment, Safety
Ryder Completes Acquisition of Gordon Truck Leasing
Ryder System said Wednesday it completed its previously announced acquisition of Gordon Truck Leasing, based in Philadelphia.
September 3, 2008Business, Safety
ATA Launches Business Solutions Unit
American Trucking Associations Wednesday launched ATA Business Solutions, a line of information products, business tools, services, training programs and conferences designed to address critical issues affecting trucking-related companies.
September 3, 2008