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LaHood Rules Out Fuel Tax Increase

WASHINGTON — Transportation Secretary Ray LaHood rejected raising fuel taxes to pay for highway improvements and said that, despite pessimism about the prospects for a long-term highway bill, the administration was focused on completing a bill this year.

July 27, 2010

Company Touts EGR Results in ‘Fluid Efficiency’ Test

Fleet managers should consider total “fluid efficiency” when comparing trucks using exhaust gas recirculation engines with those using selective catalytic reduction, truck and engine maker Navistar Inc. said last week.

July 26, 2010

New ϳԹ Sales Grow in June

New home sales increased 24% in June following a large decrease the month before, the Commerce Department said Monday.

July 26, 2010

FedEx Raises 1Q, Yearly Profit Forecasts

FexEx Corp. Monday increased its earnings outlooks for the fiscal first quarter and fiscal year, citing better-than-anticipated volume growth in its FedEx Ground and FedEx Express units.

July 26, 2010

Gas Prices Stay at $2.73 a Gallon, Lundberg Says

Gasoline’s national average price rose by less than a cent in the past two weeks to $2.73 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

July 26, 2010

Qualcomm Shipped More Tracking Units in 3Q, Company Says

Qualcomm Enterprise Services shipped more asset-tracking systems, and cut costs in the quarter ended June 27, parent company Qualcomm Inc. said in its latest quarterly earnings statement.

July 26, 2010

Diesel Rises 2¢ to $2.919 in First Increase in Six Weeks

Diesel increased after four straight weeks of decline, rising 2 cents to $2.919 a gallon, the Department of Energy said Monday.

July 26, 2010

UPS Aims to Improve Truck Fuel Efficiency 20%

UPS Inc. said Monday it has set a goal to increase its automotive fuel efficiency by 20% between 2000 and 2020.

July 26, 2010

Iteris’ Income Jumps in Fiscal 1Q

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal first-quarter profit jumped from a year ago.

July 23, 2010

CN’s Profit Jumps 38% in 2Q

Canadian National Railway Co. said its second-quarter net income rose 21% to C$534 million, or C$1.13 per share, from C$387 million or 82 cents per share, a year earlier.

July 23, 2010