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Cooper Tire Takes 2Q Loss

Cooper Tire and Rubber Co. said Monday it posted a second-quarter loss of $22 million, or 38 cents a share, compared with earning $17.6 million, or 28 cents, a year ago.

August 4, 2008

Study Cites Alternative Fuels’ Role in Emissions Reduction

The University of Minnesota’s Center for Transportation Studies found the state’s greenhouse gas emissions reductions goal of 30% by 2025 to be feasible and said that alternative fuels, vehicle fuel efficiency and reducing vehicle miles traveled were central to reaching the goal, the Associated Press reported.

August 4, 2008

Volvo Offers Bendix Air Disc Brakes on Heavy Trucks

Volvo Trucks North America said Monday it is now offering Bendix heavy-duty air disc brakes on Volvo VN and VT model trucks.

August 4, 2008

Iteris, Delphi to Team on Safety Technologies

Iteris Inc. and Delphi Corp. said Monday that Iteris has been named the exclusive distributor of Delphi’s forward collision warning system for the North American commercial vehicle market.

August 4, 2008

Trailer Bridge Takes 2Q Loss, Appoints New Chairman

Trailer Bridge Inc. said Monday it took a loss in the second quarter and that it appointed a new chairman.

August 4, 2008

Diesel Drops Another Dime, Falling to $4.502 a Gallon

The price of diesel fuel continued its recent decline, falling 10.1 cents to $4.502 a gallon, the lowest price in 11 weeks, the Department of Energy said Monday.

August 5, 2008

Memorial Events Planned on Anniversary of Bridge Collapse, Paper Says

Several community events to be held Friday will mark the one-year anniversary of the collapse of the Interstate 35W bridge in Minneapolis, the Star Tribune newspaper reported.

August 1, 2008

UPS, Chicago Teamsters Agree on New Contract

UPS Inc. and Chicago-area employees represented by the Teamsters Union have reached a preliminary agreement on a new five-year labor contract, averting a potential strike, Bloomberg reported.

August 1, 2008

ExxonMobil Breaks U.S. Record for Quarterly Profit

ExxonMobil Corp. broke its own record for the largest quarterly profit posted by a U.S. company, reporting net earnings of $11.7 billion, or $2.22 a share, up from $10.3 billion, or $1.83, a year ago.

August 1, 2008

Construction Spending Falls 0.4%

Construction spending fell 0.4% in June, the Commerce Department said Friday.

August 1, 2008