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Union Pacific Boosts 3Q Earnings Forecast

Freight railroad Union Pacific Corp. Tuesday boosted its third-quarter earnings forecast due to lower fuel prices and improved operating efficiency.

September 23, 2008

Oil Falls Below $107 Following Record Increase

A day after a record rise, oil fell to close below $107 a barrel, as continued uncertainty over a U.S. financial bailout plan and a stronger U.S. dollar led investors to shed commodities, the Associated Press reported.

September 23, 2008

Daimler’s Worldwide Sales Rising Despite U.S. Slump

HANOVER, Germany — Daimler Trucks’ worldwide sales are continuing to climb, despite the pronounced slump in North America, company officials told reporters at the opening of the International Motor Show Commercial Vehicles here Tuesday.

September 23, 2008

Collision-Warning System an Option for Freightliner

Heavy-duty truck components supplier Eaton Corp. said its Vorad VS-400 collision-warning system has become a factory-installed option on all Freightliner Cascadia, Century and Columbia Class 8 trucks.

September 22, 2008

NTSB Says New Technologies Could Help Alert Tired Truckers

Trucking companies could do more to enforce rules that drivers get enough rest, and the government should consider moving toward mandating the use of new technologies to alert tired truckers, the Associated Press reported.

September 22, 2008

Oil Surges by a Record $16 to Close Over $120 a Barrel

Oil surged by a record $16.37 Monday, touching $130 a barrel before receding to close above $120, Bloomberg reported.

September 22, 2008

Port of Oakland Issuing Funds for Truck Emissions Systems

More than 1,500 truckers at the Port of Oakland, Calif., have applied for 1,000 subsidies to retrofit their trucks to reduce emissions, the San Francisco Business Times reported Monday.

September 22, 2008

Diesel Falls 6.5¢ to $3.958 in 10th Straight Decline

Diesel fuel’s national average price fell 6.5 cents Monday to $3.958 a gallon, the 10th straight weekly decline and the first time it fell below the $4 mark in almost six months, the Department of Energy said Monday.

September 23, 2008

Driver Turnover Plummets

Driver turnover rates in the second quarter reached the lowest level in at least eight years as opportunities to switch employers were reduced by carriers’ decisions to trim their fleets in a sluggish freight market.

September 22, 2008

Oil Jumps $6 to Close Week Over $104 a Barrel

Oil jumped more than $6 Friday to close the trading week at $104.55 a barrel on the New York Mercantile Exchange, Bloomberg reported.

September 19, 2008