Diesel rose for the third straight week, climbing 2.6 cents to $3.949 a gallon, while gasoline rose for a fourth week, the Department of Energy said Monday.
July 26, 2011Search
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Bendix to Buy Iteris’ Vehicle Sensors Business for $14 Million
Bendix Commercial Vehicle Systems said late Monday it will acquire Iteris Inc.’s vehicle sensors business, including Iteris’ lane departure warning system.
July 25, 2011FAA Funding Stalemate Halts Airport Construction Projects, Furloughs Workers
Dozens of airport construction projects around the country are on hold and thousands of workers are furloughed because Congress has not passed legislation to keep the Federal Aviation Administration operating, the Associated Press reported Monday.
July 25, 2011Qualcomm Earns $1.03 Billion in Fiscal 3Q
Qualcomm Inc., a maker of trucking communication devices and wireless chips, said fiscal third quarter income rose to $1.03 billion, or 61 cents per share, on revenue of $3.62 billion.
July 25, 2011YRC Posts Second-Quarter Loss
YRC Worldwide said Friday it lost $39 million, or 81 cents per share, in the second quarter, compared with a loss of $10 million, or 24 cents, a year ago.
July 22, 2011Caterpillar’s 2Q Profit Tops $1 Billion
Heavy equipment maker Caterpillar Inc. said Friday its second-quarter profit jumped 44% on higher sales, despite extra expenses from the company's acquisition of Bucyrus.
July 22, 2011Volvo’s 2Q Profit Jumps on Higher Truck Sales
Volvo AB said Friday its second-quarter profit jumped 62% on higher truck sales in Europe and North America.
July 22, 2011J.B. Hunt Announces Planned Management Changes
J.B. Hunt Transport Services Thursday designated successors for three members of its management team who plan to retire by the end of this year.
July 22, 2011YRC Completes Restructuring Plan
YRC Worldwide said late Friday it has completed the financial restructuring plan it first announced in April, completing the last remaining milestones.
July 22, 2011N.Y.C. Launches Traffic Program to Limit Traffic Jams
New York City is hoping to ease midtown Manhattan traffic congestion with new technology that will track the flow of vehicles and allow engineers to control traffic lights in real time, the Associated Press reported.
July 25, 2011