Diesel fuel’s national average pump price rose 1.6 cents to $3.048 a gallon, the Department of Energy said Monday.
October 2, 2007Search
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Cummins to Form Engine Venture in Vietnam
Cummins Inc. said it has signed a memorandum of understanding with Vietnam Motors Industry Corp. to create a 50-50 joint venture to produce on-highway diesel engines in Vietnam.
October 1, 2007Nokia Buying Navteq for $8.1 Billion
Computer and mobile phone giant Nokia has agreed to buy Navteq Corp., a maker of maps used in transportation navigation, for $8.1 billion in cash, the companies said Monday.
October 1, 2007FMCSA Works With Fleets on Electronic Driver Checks
NASHVILLE, Tenn. — The Federal Motor Carrier Safety Administration is working with fleets to develop an employee notification system that would allow a fleet to download an applicant’s complete driving record before hiring, an FMCSA researcher said last week.
October 1, 2007Ryder Says Menlo Used Untested Technology in Winning Bid for $1.6 Bln. DOD 3PL Deal
The Department of Defense should not have awarded its largest-ever third-party logistics contract to Menlo Worldwide Government Services because one of Menlo’s subcontractors plans to use a freight management technology that was untested “in a customer environment,” according to a formal protest filed by Ryder Integrated Logistics.
October 1, 2007UPS, Teamsters Agree to Five-Year Contract
UPS Inc. said Sunday it had reached a tentative agreement with the Teamsters union on a new, five-year contract covering the company’s 240,000 full- and part-time U.S. employees.
October 1, 2007Oil Dips to Below $82
Oil prices fell from a near-record Friday to close the trading week at $81.66 a barrel, Bloomberg reported.
September 28, 2007Consumer Spending Rises 0.6%
Consumer personal spending rose 0.6% in August, the biggest in four months, the Commerce Department said Friday.
September 28, 2007ATA Challenges Public Citizen’s Filing on HOS Rule
American Trucking Associations said that the public interest group that claims to promote highway safety disregards the safety advantages of truck drivers’ hours of service regulations the group has repeatedly challenged in court.
September 28, 2007Diesel Tops $3 After Fourth Straight Increase
The national average price of retail diesel cracked $3 for the first time in nearly 13 months with a 6.8-cent-a-gallon price hike last week, the fourth straight weekly increase.
October 1, 2007