Oil fell almost 50 cents Friday to close the trading day below $85 a barrel for the first time this week, Bloomberg reported.
April 9, 2010Business
Express-1 CFO Resigns
Express-1 Expedited Solutions said Chief Financial Officer David Yoder has resigned, the St. Joseph, Mich., company said.
April 9, 2010Business
Wholesale Inventories Rise in February
Wholesale inventories rose 0.6% in February, the Commerce Department said Friday.
April 9, 2010BusinessEquipmentGovernmentFuelAutonomous
Utah Clean Truck Program to Provide APU Funding
State and federal grants totaling $585,000 will help 15 trucking companies in Utah install auxiliary power units, the Associated Press reported.
April 9, 2010BusinessSafety
ATRI鈥檚 Dan Murray Gets Transportation Award
Dan Murray, vice president of research for the American Transportation Research Institute, received the William K. Smith Distinguished Service Award from the University of Minnesota Center for Transportation Studies.
April 9, 2010BusinessEquipment
Wabash Gets Large Order From Prime
Wabash National Corp. said Tuesday it signed an agreement with Prime Inc. to supply the refrigerated carrier with 4,000 trailers over three years.
April 9, 2010BusinessGovernment
YRC Upgrades Profit Outlook
YRC Worldwide said it has 鈥渆ven more confidence鈥 it will have positive earnings before interest, taxes, depreciation and amortization beginning in the second quarter.
April 8, 2010Business
Navistar Boosts 2010 Guidance
Navistar International Corp. boosted its earnings guidance for its fiscal year ending Oct. 31, citing higher military orders.
April 8, 2010Business
ABF, Teamsters Begin Wage-Cut Talks, Union Says
The Teamsters union said it was beginning talks Thursday with ABF Freight System on the company鈥檚 request for wage reductions.
April 8, 2010BusinessSafety
DOT Sets Stepped-Up Enforcement on Distracted Driving
The Department of Transportation has kicked off a pilot program in New York and Connecticut to test whether concentrated law enforcement can make drivers put down their cell phones.
April 8, 2010