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FedEx Ground to Raise 2010 Rates by 4.9%

FedEx Corp. said late Thursday it will raise its standard list rates for its FedEx Ground and FedEx 窪蹋勛圖厙 Delivery units by an average of 4.9%, effective Jan. 4.

December 4, 2009

Cummins Cutting 400 Jobs at Truck Engine Plant

Cummins Inc. plans to temporarily cut about 400 jobs at a plant in western New York state starting in January because of expected lower demand for the heavy-duty engines produced there, Bloomberg reported.

December 3, 2009

Navistar Sets Venture to Build Electric Trucks

Navistar International Corp. said Wednesday that one of its affiliates will create a joint venture with U.K.-based Modec Ltd. to build Class 2 and 3 all-electric commercial trucks in the United States for sale to North, Central and South American markets.

December 2, 2009

November Auto Sales Improve

U.S. auto sales improved year-over-year in November for the first time this year without a government-backed stimulus plan involved, a signal that buyers are returning to showrooms as the economy stabilizes, Bloomberg reported.

December 2, 2009

UPS Chief Predicts Modest Gain in Holiday Shipments

UPS Inc.s chief executive officer said he expects shipments to increase in the low single-digit range from a year ago during the peak season between Thanksgiving and Christmas, boosted by online purchases, Bloomberg reported.

December 2, 2009

Economy, Transport Activity Show Modest Increases, Fed Says

The U.S. economy improved modestly from October through mid-November as consumer spending rose in most areas and transportation activity showed some signs of improvement, the Federal Reserve said.

December 2, 2009

Volvo, Westport Ink Deal for Natural Gas Technology

Westport Innovations said it will supply Swedish truck maker Volvo Group with components for heavy-duty natural gas engines.

December 1, 2009

October Construction Spending Unchanged, Commerce Says

U.S. construction spending was unchanged in October following five straight declines, the Commerce Department said Tuesday.

December 1, 2009

Opinion: Leasing Makes Hybrid Trucks Affordable

Interest in adopting environmental initiatives remains high among trucking firms in spite of the difficult economic conditions in which theyre operating, according to a new survey conducted by PHH Arval. Results of that survey were reported in the Transport Topics 2009 Top 100 Private Carriers supplement to the Aug. 3 issue.

December 2, 2009

ISM Manufacturing Index Slips in November

An index of U.S. manufacturing activity fell in November, the Institute for Supply Management said Tuesday.

December 1, 2009