The Department of Transportation’s freight transportation services index fell 0.6% in October from a year ago, leaving it at its lowest level for the month of October in five years.
December 10, 2008Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Wholesale Inventories Decline 1.1%
Wholesale inventories fell 1.1% in October, the largest drop in seven years, the Commerce Department said Wednesday.
December 10, 2008Schneider Expands Regional Service
Truckload carrier Schneider National said Wednesday it is extending its regional service to customers in the south-central United States, increasing its regional footprint to 16 states in less than a year since it first launched the offering.
December 10, 2008ATA, Codega Produce Safety Video Program for Drivers
American Trucking Associations and Codega LLC have introduced a program to educate new truck drivers, focusing on safety concepts, rules and practices.
December 9, 2008U.S. Industry Shipped 13 Billion Tons of Goods in 2007
U.S. industry shipped 13 billion tons of goods valued at almost $12 trillion in 2007, according to preliminary figures released Tuesday by the Department of Transportation and the Census Bureau.
December 9, 2008Navistar Says ‘Coalition’ Grows To Ease 2010 Emissions Rule
A Navistar Inc. spokesman said that a “coalition is building” around the company’s call to the incoming Obama administration to ease 2010 emissions mandates, but the Environmental Protection Agency said its tightened standards would go into effect without delays.
December 8, 2008FedEx Sets 5.7% LTL Rate Increase
FedEx Corp.’s less-than-truckload units FedEx Freight and FedEx National LTL have each set a 5.7% general rate increase, effective Jan. 5.
December 8, 2008Diesel Drops a Dime to $2.515; Gas Near 5-Year Low at $1.699
Diesel fuel’s national average price fell by a dime to $2.515 a gallon, while gasoline fell 11.2 cents to near a five-year low, the Department of Energy said Monday.
December 9, 2008Gasoline Drops 22¢ Over Two Weeks to $1.75 a Gallon, Lundberg Says
The national average price of regular gasoline plunged another 22 cents in the two weeks ended Friday, to $1.75 a gallon, the lowest price in almost five years, according to the latest Lundberg Survey of filling stations released Sunday.
December 8, 2008E&MU: Warming to Global Engines
Volvo AB and Daimler AG are producing global heavy-duty engine platforms for use in North America, Europe and Asia, and other manufacturers plan to introduce their own versions, pushed by converging emission regulations, the need to reduce research and development costs and to take advantage of economies of scale, according to industry analysts and executives.
December 8, 2008