Navistar International Corp. and Ford Motor Co. said they have settled litigation and ended a diesel-engine supply agreement.
January 14, 2009Search
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Opinion: Assault on Independents Threatens Trucking
If you wanted to shore up a beleaguered industry, would you do it by creating a new threat? Of course not, but that’s exactly what some U.S. policymakers seem ready to do to the already devastated U.S. trucking industry.
January 13, 2009Global Trade Drops Sharply, Journal Reports
World trade has declined sharply in the last few months, which will make it harder for countries to pull themselves out of the global recession, the Wall Street Journal reported Wednesday.
January 14, 2009Retail Sales Plunge 2.7% in December
Retail sales plunged more than twice as forecast in December, falling 2.7% from the previous month, the Commerce Department said Wednesday.
January 14, 2009DOT Freight Transport Index Drops 2.4% in November
The Department of Transportation’s freight transportation services index fell 2.4% in November from a year earlier, DOT said Wednesday.
January 14, 2009ATA Names 2009-2010 America’s Road Team
American Trucking Associations has named the 18 truck-driver captains of its 2009-2010 America’s Road Team.
January 14, 2009Cummins to Cut 800 Jobs Worldwide; Freeze Salaries
Diesel engine maker Cummins Inc. said Tuesday it will cut at least 800 jobs worldwide by the end of February and will freeze salaries for the year in response to deteriorating economic conditions.
January 13, 2009DOE Drops ’09 Diesel Price Projection to $2.27 a Gallon
Diesel fuel will average $2.27 a gallon this year and $2.54 in 2010, down substantially from previous projections, the Department of Energy said Tuesday.
January 13, 2009Gasoline Rises After Five Months of Decline, Lundberg Says
The national average price of regular gasoline increased for the first time since early July, rising 11.7 cents to $1.779 a gallon during the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.
January 12, 2009Gainey Wins Court Approval for Reorganization Plan
Bankrupt trucking company Gainey Corp. won a battle to reorganize under bankruptcy law when a federal judge ruled it could use its cash to continue to fund its operations, the Grand Rapids (Mich.) Press reported.
January 12, 2009