Navistar International Corp.’s fourth-quarter net income jumped to $275 million, from $56 million a year ago on higher truck, engine and military sales, the company said Tuesday.
December 20, 2011Search
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Housing Starts Climb to Highest Level Since April 2010
Housing starts jumped 9.3% in November to their highest level in more than a year and a half, the Commerce Department said Tuesday.
December 20, 2011iTECH: More Truck Buyers Adding Onboard Safety Systems
After years of tepid customer response to available collision-avoidance technologies, suppliers say they are racing to bring more systems to market as federal requirements, technology improvements and convincing test data have combined to stimulate demand at both the factory and aftermarket levels.
December 19, 2011Robocom Buys Wright Business Solutions
Supply chain software maker Robocom Systems International announced it acquired Wright Business Solutions. No terms were disclosed.
December 19, 2011Stability System Mandate Sent to White House
A proposal to require electronic stability control systems in heavy vehicles has been sent to the White House Office of Management and Budget for review.
December 19, 2011NTSB Pushes Video Event Recorders for All Heavy Trucks
The National Transportation Safety Board pushed last week for a mandate that all heavy trucks have video event recorders to document crashes, reiterating a previous request.
December 19, 2011Bill Would Provide Federal Oversight of Toll Increases
Legislation introduced Friday in both houses of Congress would provide for federal oversight of bridge and tunnel tolls, allowing the U.S. Department of Transportation to determine whether proposed toll increases should be implemented.
December 19, 2011DB Schenker Plans Deal With Estes
Logistics provider DB Schenker said it expects to improve its domestic capabilities through a “strategic relationship†with transportation company Estes Express Lines.
December 19, 2011Oil Remains Under $95 a Barrel
Oil rose but remained under $95 in early trading Monday on the New York Mercantile Exchange, Bloomberg reported.
December 19, 2011Diesel Falls 6.6¢ to $3.828 in Largest Drop Since May 2010
Diesel dropped 6.6 cents to $3.828 a gallon, its fourth straight downturn and the biggest decline in more than a year and a half, the Department of Energy said.
December 20, 2011