Diesel fuel’s national average pump price continued its almost four-month decline, dropping 20 cents to $3.088 a gallon, the Energy Department said Monday.
November 4, 2008GovernmentBusiness
U.S. Auto Sales Drop Sharply in October
U.S. auto sales fell sharply in October, Bloomberg reported.
November 4, 2008BusinessGovernmentSafetyFuelTechnologyEquipment
SCR Group Urges Strict Urea Guidelines
When heavy-duty engines with selective catalytic reduction technology start rolling in 2010, truckers refilling their trucks’ urea tanks will need to follow strict guidelines to protect the product’s purity to avoid damaging the aftertreatment system, urea experts said.
November 3, 2008BusinessEquipment
Paccar Recalls Tractors for Repairs of Caterpillar DPFs
A total of 3,640 tractors manufactured by Paccar Inc. are being recalled because parts on the diesel particulate filter, or DPF, can fail, causing the component to separate from the chassis and fall onto the road.
November 3, 2008Business
Ontario to Award Grants for Anti-Idling Devices
Ontario trucking companies will be able to apply for provincial grants for anti-idling devices, thanks to a $C15 million program by the provincial government, the Ontario Trucking Association said Monday.
November 3, 2008BusinessSafetyGovernment
ISM Manufacturing Index Plunges to 26-Year Low
An index of U.S. manufacturing fell to a 26-year low in October, the Institute for Supply Management said Monday.
November 3, 2008GovernmentBusiness
Construction Spending Drops 0.3% in September
Construction spending fell 0.3% in September, the Commerce Department said Monday.
November 3, 2008BusinessEquipment
Goodyear’s Third-Quarter Profit Declines
Goodyear Tire & Rubber Co. said Monday its third-quarter profit fell to $31 million, or 13 cents a share, from $668 million, or $2.75, a year ago.
November 3, 2008Business
Oshkosh Reports Lower 4Q Profit
Specialty truck maker Oshkosh Corp. said Monday its fiscal fourth-quarter profit dropped 37% from a year ago, to $53.6 million, or 72 cents per share, from $85.4 million, or $1.14, a year ago.
November 3, 2008BusinessGovernmentSafetyLogistics
TransForce Reports Lower 3Q Income
Canadian transportation firm TransForce Inc. said its third-quarter net income slipped to C$26.5 million, or 31 cents per unit, from C$28.5 million, or 33 cents, a year ago.
November 3, 2008