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Wabash Suspends Dividend Payments

Trailer maker Wabash National Corp. said Monday it is suspending its quarterly dividend, “due to the impact of continued weak economic conditions and the uncertainty regarding the timing of a recovery.â€

December 15, 2008

New York Manufacturing Index Reaches All-Time Low

Manufacturing growth in New York state continued to show contraction this month, hitting the lowest level on record, the Federal Reserve Bank of New York said Monday.

December 15, 2008

Industrial Production Falls in November

U.S. industrial production fell 0.6% in November, the Federal Reserve said Monday.

December 15, 2008

Used Truck Association Names New President

The Used Truck Association has named Marty Crawford, an Atlanta-based dealer for Arrow Truck Sales, as its president.

December 15, 2008

Calif. Sets Strict Diesel Emissions Rule

The California Air Resources Board Friday adopted the strictest diesel emission standards in the nation, requiring expensive diesel particulate filters on rigs on a timetable, over objections the rule could hurt or shut down smaller trucking companies, the Associated Press reported.

December 15, 2008

UPS Speeds Some LTL Shipments

UPS Freight said Monday it has set faster less-than-truckload shipping times between central Illinois and points throughout the country.

December 15, 2008

Daimler Delivers LNG Trucks To Port, Intermodal Carrier

LONG BEACH, Calif. — Executives of Daimler Trucks North America celebrated the official delivery of its first production-model heavy-duty trucks powered by liquefied natural gas here last week at the busiest port complex in North America.

December 15, 2008

Diesel Falls 9.3¢ to $2.422

Diesel fuel’s national average price fell 9.3 cents to $2.422 a gallon, while gasoline’s decline slowed, the Energy Department said Monday.

December 16, 2008

US 1 Buys Majority Stake in Drayage Firm

US 1 Industries said it has agreed to acquire 60% of intermodal drayage company ARL Inc.

December 15, 2008

Consumer Sentiment Index Rises After 28-Year Low

U.S. consumer confidence improved this month after last month's 28-year low, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index, released Friday.

December 12, 2008