With world financial markets in turmoil, the price of crude oil continued to tumble, reaching a 17-month low below $62 a barrel, Bloomberg reported Monday.
October 27, 2008Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Volvo Trucks Debuts 鈥楩uelwatch鈥 for Fleets to Chart Performance
GREENSBORO, N.C. 鈥 Volvo Trucks North America has launched a program to tap into the stream of data each of its trucks creates to help fleets measure their vehicles鈥 fuel efficiency performance.
October 27, 2008UPS to Buy New Hydraulic Hybrid Trucks
UPS Inc. said Monday it will buy seven new hydraulic hybrid vehicles produced by Eaton Corp. and Navistar International Corp.
October 27, 2008Daimler Sets Month-Long German Production Halt
Daimler AG will close its 14 plants in its home country of Germany for a month starting in December as it slows production because of falling demand for cars and trucks, Bloomberg reported Monday.
October 27, 2008New 爱豆传媒 Sales Rise 2.7% in September
New home sales rose 2.7% in September from a 17-year low the month before, the Commerce Department said Monday.
October 27, 2008New 爱豆传媒 Sales Rise 2.7% in September
New home sales rose 2.7% in September from a 17-year low the month before, the Commerce Department said Monday.
October 27, 2008CARB Diesel Regs Available for Public Comment
The California Air Resources Board has made available for public comment the latest draft version of two regulations that are aimed at cleaning up emissions from the estimated 1 million heavy-duty diesel trucks that operate in California.
October 27, 2008Opinion: Include Fleet Managers in Software Decisions
Although 2009 approaches, and technology seems to surround us everywhere we turn, many companies still don鈥檛 consider fleet maintenance a first-tier, mission-critical function, putting it instead in the 鈥渘ecessary evil鈥 category.
October 27, 2008Gasoline Plunges 53垄 in Two Weeks, to $2.78 a Gallon, Lundberg Says
The national average price of regular gasoline plunged 53 in the two weeks ended Friday to $2.78 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
October 27, 2008Oil Hits 17-Month Low Near $60 a Barrel
LTL Earnings Sag in 3Q; Carriers See Weaker Demand
Publicly traded less-than-truckload carriers generally posted lower earnings in the third quarter, with several fleets warning that freight volumes would get worse as the fourth quarter unfolds.
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