Navistar International Corp. said Monday it had filed financial information statements for its 2003-2005 fiscal years with the Securities and Exchange Commission, reporting a profit for 2005 but losses for the two previous years.
December 10, 2007Search
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Fed Cuts Key Interest Rate Quarter-Point to 4.25%
The Federal Reserve voted Tuesday to lower the benchmark U.S. interest rate by a quarter of a percentage point to 4.25%, the third reduction in four years.
December 11, 2007
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Fed Eyes Interest Rate Cut
Federal Reserve policymakers are expected to lower a key interest rate for a third time this year to forestall housing and credit market turbulence from further hurting the economy, the Associated Press reported.
December 10, 2007Mexican Trucks in Cross-Border Program Now Top 55, Paper Says
At least 55 Mexican trucks have received approval to make deliveries anywhere within the United States under the Transportation Department’s pilot program, the San Antonio Express-News reported.
December 10, 2007California Approves Port Emissions Rules
California state regulators enacted strict air emission rules Friday that will ban much of the current fleet of diesel trucks from all ports statewide, the Los Angeles Times reported Saturday.
December 10, 2007Diesel Dips 2.8¢ to $3.416 a Gallon
The average price of retail diesel slipped below its record high last week, dipping 2.8 cents to $3.416 a gallon, the U.S. Department of Energy reported, citing a decline in demand for distillate fuels.
December 10, 2007Storm Strikes Pacific Northwest
A storm with hurricane-force winds and torrential rainfall swept across the Pacific Northwest early last week, snarling transportation in Washington and Oregon and flooding a crucial freight-carrying highway.
December 10, 2007Spot Freight Market Gains
The spot market for truckload services showed some signs of increased activity last week as executives with a major carrier and a brokers’ load-matching service said the market tightened in October and November, compared with earlier months.
December 10, 2007ATA to Defend Owner-Operator System
American Trucking Associations has launched a campaign to protect the trucking industry’s use of independent contractors, a move officials said is needed to counter recent court decisions and an increasingly “hostile†legislative environment.
December 10, 2007SDA Unveils EyStar Pocket-Size GPS Unit
Secured Digital Applications, a provider of asset-tracking services, has unveiled its new pocket-size Bluetooth Global Positioning System receiver, saying it offers a cheaper alternative to comparable vehicle-mounted systems.
December 10, 2007