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Old Dominion to Make Lane-Departure Warning System Fleetwide Standard
Less-than-truckload carrier Old Dominion Freight Line said Tuesday it plans to make Iteris Inc.’s lane-departure warning system standard equipment for its entire fleet of trucks.
October 10, 2006Diesel Price to Fall in Fourth Quarter, DOE Says
Diesel fuel prices in the fourth quarter are projected to average $2.62 per gallon, a decrease of 30 cents from third-quarter prices, the Energy Department said Tuesday.
October 10, 2006UPS to Slash Jobs at Supply Chain Unit
UPS will cut an unspecified number of jobs at its supply-chain unit, laying off some employees and reassigning others, Bloomberg reported Friday.
October 6, 2006Wabash Moves to Secure Tire Availability
Trailer manufacturer Wabash National Corp. on Friday moved to secure tire availability in the wake of a strike at Goodyear Tire and Rubber Co.
October 6, 2006DHL Combines Canadian, Latin American Operations
Package delivery firm DHL said on Friday it is combining its Canadian and Latin American operations to form DHL Express International Americas.
October 6, 2006MAN Invites Scania to Open Takeover Negotiations
MAN AG on Friday invited rival truck maker Scania to begin takeover talks, Bloomberg reported, quoting MAN spokesman Andreas Lampersbach.
October 6, 2006September Unemployment Falls to 4.6%
U.S. companies added 51,000 workers in September, pushing the unemployment rate down to 4.6% for the month, the Labor Department reported Friday.
October 6, 2006Crude Oil Down 5% for Week
Crude oil futures fell 5% for the week, closing below $60 a barrel on Friday on the New York Mercantile Exchange, Bloomberg reported.
October 6, 2006Covenant Lays Off 150 Employees
Truckload carrier Covenant Transport on Friday laid off 150 employees.
October 5, 2006Decline in Gasoline Prices May Continue
Gasoline prices have fallen more than 20% since early August and could be poised to slide even farther, the Wall Street Journal reported Thursday.
October 5, 2006