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Oil Falls in Advance of OPEC Meeting
Oil prices moved below $88 a barrel Tuesday, one day in advance of an OPEC meeting in which cartel members were set to meet to decide whether to increase production, the Associated Press reported.
December 4, 2007Auto Sales Decline for November
U.S. automobile sales fell or were flat in November and an ongoing economic slump will continue to hurt U.S. auto sales in 2008, the Associated Press reported Tuesday.
December 4, 2007ISM Factory Index Dips in November
The Institute for Supply Management’s manufacturing index dipped slightly in November from October, ISM said Monday.
December 3, 2007Chinese Order 1,900 Cummins Bus Engines
Cummins Inc., the largest foreign investor in the Chinese diesel engine industry, received an order for 1,900 bus engines from transit agencies in China, Bloomberg reported.
December 3, 2007Exxon Mobil, Partners to Build Hydrogen-Powered Forklift
Exxon Mobil Corp. said it will partner with two other companies and an Israeli university to build a commercial lift-truck application powered by fuel cells from hydrogen produced in the truck.
December 3, 2007Winter Storm Hits Northeast Following Midwest Blast
AÂ winter storm blamed for at least 11 deaths in the Midwest wreaked havoc on Northeast roads Monday with a mix of rain, sleet and snow, the Associated Press reported.
December 3, 2007Vitran Buys Calif. Supply Chain Firm
Vitran Corp. said it bought retail supply chain management firm Las Vegas/L.A. Express, based in Ontario, Calif., for about $12.6 million.
December 3, 2007SoCal Ports Set Emissions Reduction Plan
Southern California’s ports are about to begin a multibillion-dollar program that is being watched all over the world to repair, replace or clean up engines to reduce pollution, the New York Times reported Monday.
December 3, 2007Diesel Climbs 3.4¢ to $3.444
The national average price of diesel pushed past a record level for the third time in four weeks, rising 3.4 cents a gallon to $3.444, the Department of Energy reported.
December 3, 2007Truck Tonnage Falls 1.5% in October
Truck tonnage hauled in October declined 1.5% compared with the same month in 2006 — the 14th decline in 16 months — American Trucking Associations said.
December 3, 2007