The Department of Energy again sharply boosted its projection for both diesel and gasoline prices, saying diesel will average $3.90 a gallon this month, while gas will peak at $3.60 this spring but could top $4 this summer.
April 8, 2008Search
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MAN Seeks to Expand Trucks Division, International Sales
German truck maker MAN AG plans to expand its commercial-vehicles division as it seeks to make more international sales, Bloomberg reported Tuesday.
April 8, 2008U.S. Automakers Planning More Exports, Journal Says
U.S. automakers have set goals of exporting more American cars, following new labor agreements and a weaker U.S. dollar, the Wall Street Journal reported Tuesday.
April 8, 2008Cummins Begins Production at Chinese Fuel Systems Plant
Diesel engine maker Cummins Inc. said Tuesday it opened its first fuel systems manufacturing site outside of North America, the Cummins Fuel Systems Wuhan plant, in China.
April 8, 2008Fed Minutes Cite Concern Over Economic Contraction
Federal Reserve officials anticipated that the U.S. economy will shrink in the first half of the year, while noting concerns about a possible prolonged and severe economic downturn, when they cut interest rates last month, according to the minutes of the meeting released Tuesday.
April 8, 2008Editorial: Picking an Engine Technology
As we move closer to the next federal mandate on emissions which comes into force for 2010-model heavy-duty trucks proponents of the two competing technologies are beginning to publicly argue over the superiority of their choices.
April 7, 2008EPA Sets $50 Million in Grants for Clean Diesel Projects
The U.S. Environmental Protection Agency said it is making available almost $50 million in grants to establish clean diesel projects aimed at reducing emissions from the nations existing fleet of diesel engines.
April 7, 2008Norfolk Southern to Take 1Q Charge on Accident Settlement
Eastern freight rail line Norfolk Southern Corp. said Monday it will take a first-quarter charge of 2 cents per share, related to settlement of an accident claim.
April 7, 2008Rates Rise on Indiana Toll Road; Truckers Begin Using I-Zoom
The cost to drive on the Indiana Toll Road rose for all vehicles with three or more axles, as well as two-axle vehicles that were not using the I-Zoom electronic tolling system, which debuted on the road last week.
April 7, 2008OEMs Tout 2010 Engine Choices; Analyst Sees Reshaped Industry
LOUISVILLE, Ky. As competing engine makers continued their public battle over the best technology for meeting 2010 federal emission standards, analysts said the outcome of the competition could dramatically transform the industry.
April 8, 2008