Navistar International Corp. and Mahindra & Mahindra Ltd. said Tuesday that Mahindra has completed its purchase of Navistar’s stake in an Indian joint venture.
February 12, 2013Search
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DOE Boosts Diesel Price Forecast
Diesel fuel will average $3.92 a gallon this year — below last year’s average but a nickel higher than a previous projection, the Department of Energy said Tuesday.
February 12, 2013Congressman Wants Overseas Profits Invested In U.S. Infrastructure
Rep. John Delaney (D-Md.) said Tuesday that he plans to introduce a bill in the next month to create an infrastructure investment office within the Treasury Department as well as a fund to make loans to states.
February 12, 2013TTS Merges With Walsh Transportation Group
Third-party logistics company TTS LLC said Monday it has merged with Walsh Transportation Group. Terms were not disclosed.
February 11, 2013Michigan Gov. Proposes 18-Cent Diesel Tax Hike
Michigan Gov. Rick Snyder (R) has proposed increasing the state diesel tax by 18 cents to a total of 33 cents a gallon to fix roads and bridges, the Associated Press reported.
February 11, 2013Northeast Struggles to Clear Roads Following Weekend Snow Storm
Emergency crews struggled to clear roadways from the weekend’s big winter storm that dropped up to 3 feet of snow over several states in the Northeast, the Associated Press reported.
February 11, 2013ATD Names Kenworth T680 Class 8 Truck of Year
The American Truck Dealers named Kenworth Truck Co.’s T680 the winner of its Class 8 truck of the year Sunday at ATD’s annual conference in Orlando, Fla.
February 11, 2013Gasoline Price Jumped 25¢ in Past Two Weeks, Lundberg Survey Reports
Gasoline prices jumped 25 cents in the past two weeks to $3.59 a gallon, while diesel rose 12 cents to $4.07, according to the latest Lundberg survey of filling stations released Sunday.
February 11, 2013Forward Air’s Fourth-Quarter Income Rises
Forward Air Corp. said its fourth-quarter net income rose from a year ago and that its revenue also improved.
February 12, 2013FMCSA Waives Some HOS Rules for Northeastern States Affected by Blizzard
The Federal Motor Carrier Safety Administration has waived some hours-of-service rules for truckers serving in emergency-relief capacity in Northeastern states affected by the weekend blizzard.
February 12, 2013