The average price of retail diesel fuel fell for the first time in a month, dipping 1.6 cents from an all-time record high to an average $4.707 a gallon, the Department of Energy said.
June 3, 2008Search
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Cummins Plans Layoffs at Indiana Pickup-Engine Plant
Diesel engine maker Cummins Inc. plans to temporarily lay off 125 workers from its midrange engine plant in Indiana because of declining pickup truck demand, the Associated Press reported Monday.
June 2, 2008FedEx Renaming Kinko’s as FedEx Office
FedEx Corp. said late Monday it will change the name of its office and business services unit, FedEx Kinko’s, to FedEx Office.
June 2, 2008FMCSA Awards $1 Million in CDL Education Grants
The Federal Motor Carrier Safety Administration said Monday it has awarded a total $1 million in grants to nine technical and community colleges to enhance safety curricula and behind-the-wheel training courses for students enrolled in commercial driver’s license training programs.
June 2, 2008Bill Would Require Ships to Use Clean Fuel
Emissions from cargo ships would be reduced under legislation that passed the Senate Environment and Public Works Committee, the Associated Press reported.
May 30, 2008Iteris Reports Higher Income for Quarter, Fiscal Year
Iteris Inc., which makes lane-departure warning systems for the trucking industry, reported its fiscal fourth-quarter profit improved from a year ago.
June 2, 2008Minnesota to Require 20% Biodiesel in 2015
Minnesota Gov. Tim Pawlenty (R) signed a bill that will require diesel sold in the state to contain 20% biodiesel content by 2015, the Associated Press reported.
May 30, 2008Software Firms Seeing Greater Demand as Fleets Seek Savings, Efficiency Gains
Executives with several software firms said their businesses are awash with inquiries from carriers seeking to streamline operations as they struggle with record fuel prices and sluggish freight demand.
June 2, 2008Consumer Sentiment Index Declines
U.S. consumer confidence fell to a 28-year low in May, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
May 30, 2008Chicago Manufacturing Index Shows Contraction
Manufacturing activity in the Chicago region improved in May but showed contraction showed for a fourth straight month, the National Association of Purchasing Management said Friday.
May 30, 2008