Oil fell to an eight-week low Wednesday, closing below $90 a barrel for the first time since early August on signs of lower demand, Bloomberg reported.
September 26, 2012Search
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Ontario Extends CB Exemption from Hands-Free Law
CB radios have been exempted from Ontarios hands-free distracted driving law for another five years, Ontarios Minister of Transportation Bob Chiarelli said.
September 26, 2012August New 窪蹋勛圖厙 Sales Fall 0.3% But Hold Near Two-Year High
New home sales fell 0.3% in August but held near atwo-year high,the Commerce Department said Wednesday.
September 26, 2012Eatons Cooper Deal Gets International Clearance
Eaton Corp.s planned $11.8 billion acquisition of Ireland-based Cooper Industries received clearance from two international bodies, the component supplier said.
September 26, 2012TMC Sets Task Forces to Address Natural Gas, Other Issues
PITTSBURGH The Technology & Maintenance Council said it has formed new task forces to look at natural gas, coolant and electronics issues facing the trucking industry.
September 26, 2012Volvo Will Take Q3 Charge to End UD Truck Production for U.S.
Volvo Group said it will take a third-quarter restructuring charge of about $91.9 million for a cost reduction program in Japan and to end production in Japan of UD Trucks for the U.S. market.
September 25, 2012Consumer Confidence Rises to Seven-Month High
Consumer confidence rose to a seven-month high in September, the New York-based Conference Board said Tuesday.
September 25, 2012Forward Air Lowers 3Q Outlook
Forward Air Corp. said its third-quarter earnings will be lower than the company originally estimated, as tonnage volumes became inconsistent in August following a strong start to the period.
September 25, 2012C.H. Robinson to Buy Phoenix Intl. for $635 Million
Third-party logistics company C.H. Robinson Worldwide said Tuesday it will buy international freight forwarder Phoenix International for $635 million in cash and stock.
September 25, 2012Trucking On-Job Deaths Rise 14%, Labor Dept. Says
Trucking was one of the most dangerous industries for workers last year, when 474 workers died on the job, a 13.9% increase over the previous year, the Labor Department said in a preliminary report.
September 25, 2012