The national average for gasoline has topped $4 a gallon for the first time, according to AAA.
June 9, 2008Search
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Conn. Truck Inspections Drop 20%
Connecticut’s truck inspections fell 20% to about 18,600 in 2007, compared with a year earlier, the Hartford Courant reported.
June 9, 2008U.S. Fleet Growth Slows to 1.4% in First Quarter, Polk Reports
The nation’s fleet of heavy-duty trucks grew by just 1.4% a year during the first quarter, the slowest growth rate yet since the record sales year of 2006, as businesses bought fewer used and new vehicles, according to a survey of U.S. vehicle registration data by R.L. Polk & Co.
June 9, 2008OEMs Avoid Price Cuts Despite Truck Sales Slump
Heavy-truck manufacturers have refrained from cutting prices or offering large rebates and other significant incentives, partly because their sales overseas are strong and help offset a second straight year of falling domestic sales, analysts and dealers said.
June 9, 2008Navistar Reports $120 Million Fiscal ’07 Loss
Truck maker Navistar International Corp. took a substantial step toward completing its $410 million accounting odyssey with the May 29 filing of its fiscal 2007 annual report to the Securities and Exchange Commission, marking the first time the company has been up to date since 2005.
June 9, 2008Diesel Price Dips 1.6¢ to $4.707 a Gallon
The U.S. average diesel price took a break last week from its dizzying climb, dipping 1.6 cents a gallon to $4.707, the Department of Energy reported.
June 9, 2008Oil Jumps More Than $10 to Record $138.54 a Barrel
Crude oil jumped by a single-day record of more than $10 Friday close at a record $138.54 a barrel, marking an almost $16 increase over two days.
June 6, 2008Unemployment Rate Jumps to 5.5% in Biggest Jump Since ’86
The U.S. unemployment rate jumped to 5.5% in May, from 5% in April, the biggest jump in 22 years, the Labor Department said Friday.
June 6, 2008GPS Market to Reach $240 Billion in Five Years, Report Says
Global Positioning System location-finding and navigation services are generating increasing revenue as the satellite-based technology is embedded in a wider range of mobile devices, according to a report from the European firm ABI Research.
June 9, 2008Diesel Falls 1.5¢ to $4.692; Gas Tops $4 for First Time
The national average price of diesel fuel fell for a second straight week, dipping 1.5 cents to $4.692 a gallon, while gasoline rose above $4 for the first time, the Department of Energy said Monday.
June 10, 2008