October U.S. retail sales jumped 1.2%, the biggest gain in seven months, the Commerce Department said Monday.
November 15, 2010Search
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European Truck Makers MAN, Scania Consider Joint Efforts
European truck makers Scania AB and MAN SE are considering a joint effort to make commercial vehicles and potentially become Europe’s largest truck maker, Bloomberg reported Monday.
November 15, 2010Caterpillar to Buy Mining Equipment Firm for $8 Billion
Heavy-equipment maker Caterpillar Inc. said Monday it will buy a mining equipment company in a deal valued at more than $8 billion.
November 15, 2010Business Inventories Rise 0.9%
Business inventories rose 0.9% in September, the Commerce Department said Monday.
November 15, 2010New York ‘Empire’ Manufacturing Index Contracts
Manufacturing activity in the New York region contracted this month, the Federal Reserve Bank of New York said Monday.
November 15, 2010Opinion: Protecting Essential Trucking Data
Big-picture executives have the ability to see well beyond the day-to-day grind. If you’re in this category, you support an active safety department and insist on taking a variety of preventive measures.
November 19, 2010FedEx Calls for Tax Credits for Electric Vehicles
FedEx Corp. has joined utilities, vehicle manufacturers and other companies in pushing for a tax credit for fleets that buy electric vehicles, Bloomberg reported.
November 15, 2010Diesel Jumps 6.8¢ to Two-Year High $3.184 a Gallon
Diesel rose to the highest level in more than two years, jumping 6.8 cents to $3.184 a gallon, while gasoline gained 2.7 cents to $2.892, the Department of Energy reported.
November 16, 2010Ceva Logistics Reports Higher Earnings in 3Q
Third-party logistics provider Ceva Logistics reported an increase in third-quarter earnings to 86 million euros ($117 million), a 26% increase over last year.
November 12, 2010Mileage Lawsuit Involving Swift Transportation May Proceed as Class Action, Judge Rules
A lawsuit in Phoenix involving truckload carrier Swift Transportation Co. and mileage calculations reignites the topic of how carriers, shippers and drivers compute distance driven and then bill for it.
November 15, 2010