Oil fell 34 cents Friday, finishing the New York Mercantile Exchange trading week at $85.38 a barrel, Bloomberg reported.
August 12, 2011Search
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Diesel Average Slips 4¢ to $3.897 a Gallon
The average price of a gallon of U.S. diesel slid 4 cents to $3.897 last week, the Department of Energy reported, while crude oil declined along with equity markets.
August 15, 2011July Class 8 Sales Rise 31.5%, Pushing Year’s Total to 84,677
Heavy-duty U.S. retail truck sales grew 31.5% to 12,609 units in July over the 9,589 sold in July 2010, WardsAuto.com reported.
August 15, 2011Obama Sets Truck Fuel-Efficiency Standards
President Obama last week set heavy-truck fuel-economy standards for the first time, unveiling regulations that mandate a 20% cut in fuel use and address the complicated broad universe of vehicle sizes and applications in a plan that both operators and manufacturers applauded.
August 15, 2011Express-1 To Be Acquired By Equity Firm
Express-1 Expedited Solutions, a provider of brokerage and forwarding services, said it has scheduled a Sept. 1 shareholders’ meeting to approve a takeover by Jacobs Private Equity, a firm controlled by investor Bradley Jacobs.
August 12, 2011ATRI Survey Shows Drivers’ CSA Concerns
Truck drivers have concerns — including about their job security — with the government’s Compliance, Safety, Accountability program, according to a new survey.
August 11, 2011Initial Jobless Claims Fall to Four-Month Low
Initial jobless claims decreased by 7,000 last week to 395,000, a four-month low, the Labor Department said Thursday.
August 11, 2011Trade Deficit Expands to $53.1 Billion
The U.S. trade deficit rose 4.4% in June to $53.1 billion as exports fell by the most in two-and-a-half years, the Commerce Department said Thursday.
August 11, 2011Industry Backs Truck Efficiency Standards
Initial reactions from truck and engine manufacturers have been supportive of the heavy-duty truck fuel efficiency standards announced Tuesday by President Obama.
August 10, 2011Wholesale Inventories Rise 0.6% in June
Wholesale inventories rose 0.6% in June, the slowest rate in seven months, the Commerce Department said Wednesday.
August 10, 2011