Diesel fuel’s national average price fell 2.2 cents to $2.246 a gallon, the lowest in more than three and a half years, the Department of Energy said Monday.
February 3, 2009GovernmentBusinessSafety
Wal-Mart Receives Prototype Hybrid from ArvinMeritor
ArvinMeritor Inc. said Tuesday that it has presented Wal-Mart Stores Inc. with a prototype heavy-duty truck equipped with the first Meritor diesel-electric drivetrain.
February 3, 2009BusinessSafetyGovernment
Covenant Reports Loss for 4Q, Year
Covenant Transportation Group said Tuesday it lost $39.8 million, or $2.83 per share, compared with a profit of $176 million or 1 cent, a year ago.
February 3, 2009GovernmentBusinessSafetyEquipment
Cummins’ 4Q, Full-Year Profit Declines
Diesel engine maker Cummins Inc. said Tuesday its fourth-quarter profit fell 55% from a year ago, due to declining demand.
February 3, 2009BusinessSafetyGovernmentAutonomous
Maryland Approves Truck Toll Increase
The Maryland Transportation Authority has approved increased truck tolls its seven toll facilities, the Associated Press reported.
February 3, 2009GovernmentBusinessSafetyFuel
EPA Grants Calif. Request to Enforce Reefer Emissions Rule
California environmental regulators said last week the U.S. Environmental Protection Agency has granted the state a waiver that will allow enforcement of its regulation requiring emission-control retrofits on refrigerated trucks and trailers.
February 3, 2009Business
Scania’s 4Q Profit Declines
Swedish truck maker Scania AB’s fourth-quarter net income fell to about $180 million, or 23 cents a share in the first quarterly earnings drop in more than three years, Bloomberg reported.
February 3, 2009BusinessLogistics
Carrier Logistics Offers Fleets Web-Based Software Product
Carrier Logistics Inc., a software provider focused on less-than-truckload carriers and logistics companies, said that it rolled out a Web-based, pay-as-you-go version of its FACTS freight management software.
February 3, 2009BusinessSafetyGovernment
ISM Manufacturing Index Contracts
Manufacturing in the U.S. contracted in January for the 12th straight month, the Institute for Supply Management said Monday.
February 2, 2009FuelBusiness
Wal-Mart to Test Hybrid and Alternative Fuel Trucks
Wal-Mart Stores will test two types of hybrid trucks and two types of alternatively fueled trucks, the company announced Monday.
February 2, 2009