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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, 2009

Personal Spending Falls for Sixth Straight Month

Consumer personal spending fell for a record sixth straight month in December, the Commerce Department said Monday.

February 2, 2009

Ohio Truckers Seek 65-mph Speed Limit

Truck drivers in Ohio are asking state lawmakers to raise the highway speed limit for large trucks to a 65 mph limit, matching the speed limit for passenger cars, saying such a change would help make roadways safer, the Associated Press reported.

February 2, 2009

Diesel Drops 2.2¢ to $2.246

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, 2009

YRC Loses Almost $1 Bln. In ’08 as LTLs Struggle

Less-than-truckload carriers in the fourth quarter were hammered by sagging tonnage and fiercely competitive pricing, several of the largest publicly traded LTLs said last week.

February 2, 2009

Chicago Manufacturing Index Declines

Manufacturing activity in the Chicago region contracted in January for a fourth straight month, the National Association of Purchasing Management said Wednesday.

January 30, 2009

House Approves Stimulus Bill With Only $30 Bln. for Roads

The House of Representatives last week approved an $819 billion package of spending and tax cuts aimed at boosting the economy, but with less spending on such projects as roads and bridges than some key legislators wanted.

February 2, 2009

Retail Diesel Continues Falling

U.S. retail diesel prices continued to edge down last week, as the average dipped 2.8 cents to $2.268 a gallon, the Department of Energy reported.

February 2, 2009

Senate Confirms LaHood to Run DOT

The U.S. Senate confirmed several key cabinet posts, including Ray LaHood as secretary of transportation, but the Obama administration has yet to announce the president’s choices to lead several key transportation agencies within DOT.

February 2, 2009