Diesel engine maker Cummins Inc. said its board agreed to raise the company’s quarterly cash dividend by 25 cents per share, from 18 cents per share, a 39% increase.
July 11, 2007Government, Business, Equipment
Cummins Boosts Dividend
Government, Business, Safety
Trucking Firms Working to Keep Drivers Healthy
Trucking firms are taking more measures to help the health of drivers, helping to boost both drivers’ welfare and their own bottom lines, the Associated Press reported.
July 11, 2007Business, Safety, Government, Fuel
E&MU: Air Bags Prove to Be a Tough Sell
When a motor vehicle hits an object head-on, the rapid deceleration jerks the bodies of drivers and passengers forward, putting them at risk of serious injury or worse. That is why front-seat air bags are a standard supplemental restraint to seat belts in passenger cars.
July 11, 2007Business, Safety, Government
Opinion: New Chairman Sets Priorities for ATA
In 1976, I was writing a college paper on the case for deregulating the trucking industry. Little did I realize then that, 31 years later, I would take the helm of American Trucking Associations, the premier trade group in transportation.
July 11, 2007Government, Business, Safety
Mexico Posts Requirements for U.S. Trucks Seeking Access to Roads Under Pilot Project
The Mexican government has posted its requirements and procedures for U.S. trucking companies seeking access to its highways as part of a controversial cross-border pilot project.
July 11, 2007Business, Government
UPS Faults Teamsters on Freight Unit Organizing
UPS Inc. said some of the Teamsters’ union’s locals are using a “campaign of deception” in an attempt to organize the company’s freight-hauling unit, Bloomberg reported.
July 11, 2007Business, Logistics, Fuel, Government
Diesel Price to Rise, DOE Says
National average diesel prices are expected to climb for the next three months before receding slightly toward the end of the year, according to projections by the Department of Energy.
July 11, 2007Government, Business
Utility Opens New Minn. Trailer Facility
Trailer maker Utility Trailer Manufacturing Co. said Wednesday that its dealer, Allstate Sales & Leasing Corp., opened a new facility in Minnesota.
July 11, 2007Business, Government
Wholesale Sales Jump 1.5%; Inventories Gain
Wholesale sales rose faster than inventories rose in May, jumping 1.5%, the Commerce Department said Tuesday.
July 10, 2007Fuel, Business, Government
Diesel Rises 2¢ to $2.849
The average retail price of U.S. diesel fuel rose 2 cents to $2.849 a gallon, the Department of Energy said Monday.
July 10, 2007