Diesel engine maker Cummins Inc. said Wednesday it will add selective catalytic reduction aftertreatment to its heavy-duty 2010 engines.
August 13, 2008GovernmentBusinessSafety
Study Predicts Drayage Driver Shortage Due to Security Rules, Growing Imports
A new study by an intermodal consulting firm forecasts a looming shortage of port drayage drivers because of new federal security regulations and a return to growth of freight imports by sea.
August 13, 2008BusinessSafetyGovernment
U.S. Driving Declines; Oil Consumption at Five-Year Low
Americans drove 12.2 billion miles fewer in June than the same month a year ago, a 4.7% decline, the U.S. Department of Transportation said Wednesday.
August 13, 2008Business
Navistar’s 2008 Profit Could Top $400 Million
Navistar International Corp. said its 2008 net income will be $312 million to $418 million, or $4.26 to $5.72 per share.
August 13, 2008BusinessGovernment
Retail Sales Fall for First Time in Five Months
Retail sales fell 0.1% in July, the first decline in five months, the Commerce Department said Wednesday.
August 13, 2008BusinessSafetyGovernment
Trimac’s Second-Quarter Income Drops
Canada-based transportation firm Trimac Income Fund said its second-quarter net earnings plunged to C$2.6 million, or 9 cents per unit, from C$7.9 million, or 17 cents, a year ago.
August 13, 2008BusinessGovernment
Business Inventories Gain 0.7%
Business inventories rose 0.7% in May, the Commerce Department said Wednesday.
August 13, 2008BusinessSafetyGovernmentLogistics
Mullen’s 2Q Income Improves
Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.
August 13, 2008BusinessGovernment
Import Prices Rise 1.7% in June
The price of goods imported to the United States rose 1.7% in July, the Labor Department said Wednesday.
August 13, 2008FuelBusiness
Diesel to Average $4.18 This Year, DOE Says
Diesel fuel will average $4.18 a gallon this year and $4.27 in 2009, the Department of Energy said Tuesday.
August 12, 2008