The Federal Motor Carrier Safety Administration, in a notice to be published in Wednesday’s Federal Register, said it was making no changes to its controversial hours-of-service rule.
November 18, 2008Business
Daimler Says U.S. Truck Sales May Take Several Years to Rebound
Daimler AG said the U.S. market for heavy-duty vehicles may not rebound to the peak sales levels of 2006 for five to eight years, Bloomberg reported Wednesday.
November 19, 2008BusinessGovernment
Consumer Price Index Falls 1%; Drop Is Biggest on Record
Consumer prices fell 1% in October, the biggest decline on record, the Labor Department said Wednesday.
November 19, 2008BusinessEquipment
ArvinMeritor Takes 4Q Loss, Will Sell Auto-Parts Unit
Components supplier ArvinMeritor said its fourth-quarter loss widened and that it plans to sell its automobile parts unit.
November 18, 2008FuelBusinessLogisticsGovernment
Diesel Continues to Slide, Dropping 13.5¢ to $2.809
Diesel fuel’s national average price continued to slide, falling another 13.5 cents to $2.809 a gallon, the Department of Energy said Monday.
November 18, 2008Business
Volvo’s October Truck Sales Decline on Slow Demand
Volvo AB said its worldwide truck sales fell 12% in October as demand in the U.S. and Europe slumped, Bloomberg reported Tuesday.
November 18, 2008BusinessGovernmentSafetyFuel
Obama May Reverse Bush Policy on Denial of Emissions Waiver
Reversing Bush administration policies, including its denial of California’s request for a waiver allowing the state to regulate automobile greenhouse-gas emissions, could be high on President-elect Barack Obama’s agenda in January, some observers said.
November 17, 2008GovernmentBusinessSafetyFuelLogistics
Canadian Report Highlights Biodiesel Concerns
Adding biodiesel to Canada’s existing fuel storage, blending and distribution infrastructure could spur a host of problems for the country's distillate market, the Canadian Trucking Association said.
November 17, 2008Business
Waste Management Tests Peterbilt Hydraulic Hybrid Trucks
Trash-hauler Waste Management Inc. is field-testing the first prototype parallel hydraulic hybrid truck to be deployed in waste collection runs, the company said Friday.
November 17, 2008Business
Kenworth to Cut Wash. Production, Lay Off 400
Kenworth Truck Co. will scale back most of its truck production at its Renton, Wash., plant and lay off more than 400 workers as sales slump, the Seattle Post-Intelligencer reported Saturday.
November 17, 2008