Crude oil futures jumped more than $2 Friday to a record $95.93 per-barrel closing price on the New York Mercantile Exchange, Bloomberg reported.
November 2, 2007Search
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Sept. Tonnage Drops 2.3%; No Quick Rebound Seen
Truck tonnage declined 2.3% in September and analysts said fleets face a protracted period of softness in freight demand as new economic data provided few signs of an upturn in business activity.
November 5, 2007Editorial: Resolving 2010 Engine Technology
It’s clear that buyers will face a choice when they consider the 2010 model year for heavy-duty trucks. What remains to be seen is whether this choice benefits truck operators as well as suppliers.
November 5, 2007Fleets to Face Engine Dilemma as Some Makers Avoid SCR
The decision by two major engine manufacturers, Cummins Inc. and Navistar International, to build 2010 heavy-duty diesel engines without selective catalytic reduction technology has upset truck sales forecasts for the 2009 and 2010 truck markets.
November 5, 2007ISM Factory Index Falls in October
The Institute for Supply Management’s manufacturing index declined in October, ISM said Thursday.
November 1, 2007Oshkosh Truck’s 4Q Profit Surges
Specialty truck maker Oshkosh Truck Corp.’s fiscal fourth-quarter profit soared 74%, the company said Thursday.
November 1, 2007Wabash National’s 3Q Earnings Fall
Trailer maker Wabash National Corp. said its third-quarter profit fell to $3.8 million or 12 cents a share, from $5 million or 15 cents a year ago.
November 1, 2007Jobless Claims Fall by 6,000 for Week
Initial jobless claims fell by 6,000 last week to 327,000, the Labor Department said Thursday.
November 1, 2007Personal Spending Rises 0.3% in September
Consumer personal spending rose 0.3% in September, the Commerce Department said Thursday.
November 1, 2007Freightliner Moving 340 Jobs to East Coast
Freightliner LLC said Thursday that it will transfer 340 sales, marketing and customer support jobs from its corporate headquarters in Portland, Ore., to South Carolina, in order to be closer to its customers and production facilities.
November 1, 2007