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Oil Slides $2 to Below $68 a Barrel

Oil prices slid $2 in weekend trading to below $68 early Monday after topping $70 last week for the first time since November, Bloomberg reported.

June 8, 2009

Diesel Jumps 14.6¢ to $2.498 in Fifth Straight Gain

The national average price of diesel fuel jumped 14.6 cents to $2.498 a gallon, its fifth straight gain and the biggest single-week jump in more than a year, the Department of Energy said.

June 9, 2009

Navistar’s Stance on 2010 Regulations Difficult, Analysts Say

Navistar Inc. could face an uphill battle in its challenge to the Environmental Protection Agency’s 2010 truck exhaust regulations, industry analysts and other manufacturers said.

June 8, 2009

Canada Considering EOBR Standard

A Canadian government panel has asked the Canadian Council of Motor Transport Administrators to develop a federal standard for use of electronic onboard recorders, the Canadian Trucking Alliance said.

June 9, 2009

Eaton Launches Site to Target Stimulus Projects

Vehicle parts manufacturer Eaton Corp. said it has created a new Web site designed to help companies and government agencies launch projects funded through the federal stimulus plan.

June 8, 2009

GM to Exit Medium-Duty Truck Production

General Motors Corp. will exit its medium-duty truck business, ending production of its two models in the class by the end of July, the Associated Press reported Monday.

June 8, 2009

Letter to the Editor: Technology and Training

Where would the trucking industry be without technology? Consider for a moment the vast array of technology available to carriers and the benefit each provides.

June 8, 2009

GAO Urges Speedier GPS System Upgrade

The accuracy of the Global Positioning System could be compromised as early as next year if the U.S. Air Force cannot meet an ambitious schedule for space and ground infrastructure deployment, according to a new report from the Government Accountability Office.

June 8, 2009

YRC Consolidates Its Management Team

YRC Worldwide Inc. last week said it was consolidating top management of its less-than-truckload services as it also pursues moves to conserve cash, such as selling its headquarters and negotiating a proposed pension deal for its unionized employees.

June 8, 2009

Ongoing Fuel Price Increases

Retail diesel prices in the United States hit their highest mark since December, as increasing crude oil costs work deeper into the fuel supply.

June 8, 2009