Moving company Sirva Inc. filed a Chapter 11 bankruptcy petition Tuesday along with 58 affiliates, Bloomberg reported.
February 5, 2008Business
Sirva Files for Bankruptcy
Fuel, Business, Equipment
Wal-Mart to Take Delivery of 4 LNG-Fueled Trucks
Westport Innovations said Tuesday that Wal-Mart Stores will introduce four liquefied natural gas-fueled Peterbilt 386 trucks at its distribution center in Apple Valley, Calif.
February 5, 2008Business
Oshkosh Changes Name, Reports Lower 1Q Profit
Specialty truck maker Oshkosh Truck Corp. said its shareholders approved a name change to Oshkosh Corp., and the company separately reported its fiscal first-quarter profit declined.
February 5, 2008Business
Wal-Mart’s January Sales Rise
<?xml:namespace prefix = o />Wal-Mart Stores said Thursday its same-store sales rose 2.1% in January, besting analysts’ and the company’s forecasts, the Associated Press reported.
February 5, 2008Business, Safety, Government
PHH Arval Sets Partnership with Center for Transportation Safety
PHH Arval announced a strategic partnership Monday with the Center for Transportation Safety, a leading provider of risk management and training solutions for drivers, to enhance fleet safety.
February 5, 2008Government, Business
MAN’s 4Q Profit Gains on Eastern European Growth
MAN AG, Europe’s third-largest truckmaker, said its fourth-quarter profit rose 33% as vehicle deliveries surged in the booming Eastern European economies such as Poland and Russia, Bloomberg reported Tuesday.
February 5, 2008Business, Safety, Government
ISM Services Index Contracts in January
The economy’s service sector contracted in January, the Institute for Supply Management said Tuesday.
February 5, 2008Fuel, Business, Logistics, Government
Diesel Rises 2.1¢ to $3.28 a Gallon
The average national price of retail diesel fuel rose 2.1 cents to $3.28 a gallon, the Department of Energy said Monday.
February 5, 2008Business, Technology
Xata Completes GeoLogic Acquisition
Xata Corp. said it has completed its $17.5 million acquisition of fleet tracking and communications firm GeoLogic Solutions.
February 4, 2008Business, Safety, Government
Bush Proposes $68 Billion for DOT’s ’09 Budget
President Bush proposed a $3.1 trillion fiscal 2009 budget on Monday that would give the Department of Transportation $68 billion, a $1 billion increase over last year’s request.
February 4, 2008