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European Mandates Push Biofuels Development

Pushed by government mandates, European farmers are gearing up to put out higher amounts of biofuels in the coming years, the New York Times reported Wednesday.

May 30, 2007

Portland Sets Biodiesel Mandate, to Begin July 1

All diesel sold in Portland, Ore., will be required to contain at least 5% biodiesel beginning July 1, the Oregon Trucking Associations said.

June 4, 2007

Mack Markets In-Cab System to Reduce Engine Idling

Mack Trucks introduced a new in-cabin power system as an option, joining several other truck manufacturers — including International, Kenworth and Peterbilt — in offering built-in units to limit idling.

June 4, 2007

Iteris Reports Higher 4Q Profit

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said its fiscal fourth-quarter profit improved.

June 4, 2007

Diesel Dips 1.8¢ to $2.799; Gas Falls 5.2¢ to $3.157

Diesel fuel’s national average retail price fell 1.8 cents to $2.799 a gallon, while gasoline dropped more than a nickel to $3.157, the Department of Energy reported Monday.

June 5, 2007

Consumer Sentiment Rises in May

U.S. consumer confidence rose in May from an eight-month low the previous month, according to the University of Michigan’s monthly consumer sentiment index released Friday.

June 1, 2007

ISM Factory Index Gains in May

The Institute for Supply Management’s May manufacturing index rose as new orders rose, ISM said Tuesday.

June 1, 2007

Bridgestone Finalizes Bandag Acquisition

Tire maker Bridgestone Americas Holding said Friday it completed its $1.05 billion acquisition of tire retread company Bandag Inc.

June 1, 2007

NAFTA Surface Trade Hits Record

Surface trade among the United States, Canada and Mexico was 2.3% higher in March than in a year ago and reached the highest monthly level ever recorded, the Department of Transportation said.

June 1, 2007

Personal Spending Rises 0.5%

Consumer personal spending rose 0.5% in April, the Commerce Department said Friday.

June 1, 2007