International Truck and Engine Corp. and the United Auto Workers union have reached tentative agreement on new three-year labor contracts, International said Wednesday.
December 12, 2007Search
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October Trade Gap Rises 1.2%
The U.S. trade deficit widened in October as crude oil prices surged, the Commerce Department said Wednesday.
December 12, 2007Covenant to Take Modest Loss or Break Even in 4Q
Truckload carrier Covenant Transportation Group said Wednesday it expects to report break-even to a net loss of 10 cents per share for the fourth quarter.
December 12, 2007Officials Cite Training, Technology, Design to Reduce Tank Truck Rollovers Crashes
BALTIMORE — Trucking and government officials emphasized the importance of training in preventing rollover crashes, but they also said the use of technology and changes to trailer design were cost-effective ways to reduce crashes.
December 12, 2007ATA, Con-way Set Holiday Safety Message
American Trucking Associations and Con-way Freight have teamed up to launch a national public service announcement safe-driving campaign for the holiday season.
December 12, 2007DOE Boosts ’08 Diesel Price Forecast
The Department of Energy sharply boosted its projections for diesel fuel prices into 2008, raising its forecast from a month ago by 18 cents a gallon for this month alone, to an average of $3.36 a gallon.
December 11, 2007ArvinMeritor Buying Canadian Company; Affirms Forecast
Heavy-duty parts maker ArvinMeritor said Tuesday it will acquire Mascot Truck Parts, based in Ontario, Canada. Terms were not disclosed.
December 11, 2007N.Y. Thruway Truck Tolls Set to Rise in January
Truck traffic will shift to secondary roads if a proposed toll increase on the New York state Thruway goes into effect, business leaders told state lawmakers Monday, the Rochester (N.Y.) Democrat and Chronicle reported Tuesday.
December 11, 2007FedEx Ground Plans $87 Million Ohio Hub
FedEx Corp. said Tuesday it will be build an $87 million facility in Ohio for its FedEx Ground unit, as part of plans to double its North American ground shipping capacity.
December 11, 2007Fed 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