Oil rose more than $4 to almost $103 a barrel Tuesday, a seven-month high, on signs of stronger manufacturing activity in the United States, China and India, Bloomberg reported.
January 3, 2012Search
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Yokohama to Raise Truck Tire Prices By Up to 8%
Yokohama Tire Corp. said it will raise prices on its U.S. commercial vehicle tires by up to 8%, effective Feb. 1.
January 4, 2012Illinois Truck Speed Limit Rises to 65 mph
Illinois’ law allowing truckers in most parts of the state a 65-mph speed limit took effect Sunday.
January 3, 2012Meritor Sells French Axle Operation to Renault Trucks
Truck components maker Meritor Inc. said Monday it sold the assets of its axle manufacturing operation in Saint Priest, France, to Renault Trucks SAS. Terms were not disclosed.
January 3, 2012ISM Manufacturing Index Hits 6-Month High
December U.S. manufacturing activity rose to the highest level since June, the Institute for Supply Management said Tuesday.
January 3, 2012Construction Spending Rises in November
Construction spending rose 1.2% in November, the third increase in four months, the Commerce Department said Tuesday.
January 3, 2012iTECH: Technology Firms ‘Harvest’ Data for New Software
Data amassed for safety and maintenance applications are being repurposed in software that can help fleets improve driver performance and bottom-line results, according to technology developers and transportation company officials.
January 4, 2012Oregon Truck Anti-Idling Law Takes Effect
A new Oregon law that restricts truck idling took effect Sunday, the Associated Press reported.
January 3, 2012Diesel Dips 0.8¢ to $3.783 in Sixth Decline
Diesel dipped 0.8 cent to $3.783 a gallon, its sixth straight decline, while gasoline had its biggest increase since October, the Department of Energy reported.
January 4, 2012Nation’s Freight May Push Capacity Limits, Helping Boost Carrier Profits, Experts Say
Even as expectations for the nation’s economic growth remain subdued, trucking may be on the cusp of one of its most profitable rides ever as freight demand in 2012 pushes against the limits of industry capacity, according to industry experts.
January 2, 2012