Surface transportation trade among the United States, Canada and Mexico fell 27.9% in March from a year earlier, the third consecutive month of decline greater than 27%, the Department of Transportation said Thursday.
May 28, 2009Search
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Diesel Rises 4.3¢ to $2.274
Rising crude oil prices helped drive the average U.S. retail price of diesel fuel up 4.3 cents last week to $2.274 a gallon, while higher demand tied to increased summer driving pushed gasoline up nearly three times as much, the Energy Department reported.
June 1, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Vehicle Registrations Fall 40% in 1Q From Year Earlier
Registrations of all new trucks in the United States totaled 79,800 in the first quarter — a drop of 40% from a year earlier — according to the latest survey by R.L. Polk & Co. The quarter included the worst-ever single month for heavy-duty registrations on record, the company said.
June 1, 2009Consumer Confidence Highest Since September
U.S. consumer confidence has improved to the highest level since September, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
May 29, 2009First-Quarter GDP Downturn Revised to 5.7%
The U.S. economy contracted at an annual rate of 5.7% in the first quarter, a slight improvement from the 6.1% downturn reported last month, the Commerce Department said Friday.
May 29, 2009Navistar Challenges EPA on SCR Technology
Truck and engine manufacturer Navistar Inc. has challenged the Environmental Protection Agency’s authority to certify heavy-duty diesel engines using selective catalytic reduction to meet the agency’s 2010 standards for emissions of nitrogen oxides.
May 29, 2009Chicago Factory Index Shows Continued Contraction
Manufacturing activity in the Chicago declined in April, showing contraction for a seventh straight month, the Institute for Supply Chain Management-Chicago said Friday.
May 29, 2009New ºÚÁϳԹÏÍø Sales Rise 0.3%
New home sales increased 0.3% in April, the Commerce Department said Thursday.
May 28, 2009Intelligrated to Buy Logistex North America
Intelligrated Inc. said Thursday it will acquire the U.S. operations FKI Logistex Holdings for $40 million in a cash deal with Melrose PLC, a British turnaround specialized, the Associated Press reported.
May 29, 2009Durable Goods Orders See Biggest Rise in 16 Months
Durable goods orders rose 1.9% April, the largest gain in more than a year, the Commerce Department said Thursday.
May 28, 2009