Raising allowable truck weight limits by 21% would save carriers fuel, while reducing traffic and emissions, a trucking executive told Congress Wednesday.
July 10, 2008Search
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Covenant Sets Refinancing Plan With Daimler Truck Financial
Covenant Transportation Group said it completed the first step in refinancing its long-term debt, including a secured revenue equipment financing agreement with Daimler Truck Financial for about $200 million.
July 8, 2008Oil Drops $5 to $136 a Barrel; Declines $9 in Two Trading Days
Oil prices fell more than $5 Tuesday to close near $136 a barrel, as the U.S. dollar continued to strengthen and fears of a supply shortage faded, the Associated Press reported.
July 8, 2008G-8 Leaders Endorse Cutting Greenhouse Gases in Half by 2050
Leaders of the Group of Eight nations endorsed cutting global emissions of greenhouse gases in half by 2050, but stopped short of more short-term targets, the Associated Press reported Tuesday.
July 8, 2008Navistar Raises Prices on International Brand Trucks
Citing high commodity prices, Navistar International Corp. said late Tuesday it is raising prices on its International brand trucks, effective immediately.
July 9, 2008Cummins Boosting Dividend by 40%
Diesel engine maker Cummins Inc. said Tuesday it will boost its quarterly cash dividend by 40%, to 17.5 cents per share, from 12.5 cents per share.
July 8, 2008Editorial: Good News, Relatively Speaking
At a time when good news is in notably short supply, it’s nice to be able to report several positive stories on this week’s front page.
July 7, 2008Appeals Court Rejects Greenhouse Gas Lawsuit
A federal appeals court in Washington rejected a petition by Massachusetts and 17 other states attempting to force a quick decision from the U.S. Environmental Protection Agency on how to regulate greenhouse gases.
July 3, 2008Employment Index Declines, Conference Board Says
An employment trends index declined in June, the New York-based Conference Board said Monday.
July 7, 2008First Atlantic Hurricane Forms; Unlikely to Affect Gulf Oil Platforms
The first hurricane of the Atlantic hurricane season formed Monday, but forecasts put it on a track that would not affect Gulf of Mexico oil platforms, the Associated Press reported.
July 7, 2008