Oil rose past $108 a barrel Wednesday following an Energy Department report that showed declines in fuel inventories last week, Bloomberg reported.
September 24, 2008Search
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Congress Reaches Deal on Rail Safety Bill
House and Senate negotiators reached a deal Tuesday on a major railroad safety reform bill that will require new technology to prevent crashes and limit hours engineers can work, the Associated Press reported.
September 24, 2008Senate Passes Energy Measure; Trucking Seeks ‘Comprehensive Solution’
The Senate approved a bill that would provide tax credits for renewable energy and energy efficiency, the Associated Press reported, and a top trucking official urged Congress to pass comprehensive measures to help lower fuel costs.
September 24, 2008Existing °®¶¹´«Ã½ Sales Fall 2.2%
Existing homes sales fell 2.2% in August, the greatest monthly decrease on record, the National Association of Realtors said Wednesday.
September 24, 2008August Tonnage Rose 2.6%, ATA Says
Truck tonnage rose 2.6% in August from a year earlier, its 10th straight year-to-year increase, but fell 1.6% from July, the biggest month-to-month decline since March, American Trucking Associations said late Wednesday.
September 24, 2008Congress May Link Change in Truck Size to Vehicle Miles Tax, DeFazio Says
WASHINGTON — Congress may link any change in truck size- and-weight limits in upcoming highway legislation to a new commercial vehicle-miles-traveled tax, Rep. Peter DeFazio (D-Ore.), chairman of the House Highway and Transit Subcommittee, said last week.
September 23, 2008Union Pacific Boosts 3Q Earnings Forecast
Freight railroad Union Pacific Corp. Tuesday boosted its third-quarter earnings forecast due to lower fuel prices and improved operating efficiency.
September 23, 2008Oil Falls Below $107 Following Record Increase
A day after a record rise, oil fell to close below $107 a barrel, as continued uncertainty over a U.S. financial bailout plan and a stronger U.S. dollar led investors to shed commodities, the Associated Press reported.
September 23, 2008Daimler’s Worldwide Sales Rising Despite U.S. Slump
HANOVER, Germany — Daimler Trucks’ worldwide sales are continuing to climb, despite the pronounced slump in North America, company officials told reporters at the opening of the International Motor Show Commercial Vehicles here Tuesday.
September 23, 2008Collision-Warning System an Option for Freightliner
Heavy-duty truck components supplier Eaton Corp. said its Vorad VS-400 collision-warning system has become a factory-installed option on all Freightliner Cascadia, Century and Columbia Class 8 trucks.
September 22, 2008